PR debt insurers pull court complaints against fiscal plan
October 7, 2017
In what could represent the first positive for Puerto Rico in its litigation with creditors and insurance companies over debt repayment, two monoline insurers — National Public Finance Guarantee Corp. and Assured Guaranty withdrew their complaints against the Commonwealth’s Fiscal Plan.
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Bond insurer files complaint against Moratorium Act
June 16, 2016
National Public Finance Guarantee Corporation, an indirect subsidiary of MBIA Inc., filed a complaint Wednesday challenging the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act, asking the court to invalidate it.
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True Value signs National Lumber & Hardware in P.R.
June 24, 2015
True Value Company on Tuesday announced National Lumber and Hardware as the newest purchasing partner of the cooperative.
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