OBoard asks to hire advisory firm; top fee is $695/hr
August 15, 2017
The Financial Oversight and Management Board for Puerto Rico filed an application at the U.S. District Court to approve the hiring of Phoenix Management Services, LLC as financial advisor for the mediation team appointed in the Title III cases related to the Commonwealth’s bankruptcy proceedings.
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OBoard to probe PR debt via independent investigator
August 3, 2017
The Financial Oversight and Management Board for Puerto Rico announced Wednesday its intention to start a “comprehensive investigation of Puerto Rico’s debt and its relationship to the fiscal crisis.”
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Op-Ed: OBoard is telling us to ‘Do as I say…not as I do’
August 3, 2017
We all learned this week, with considerable shock, that the Financial Oversight and Management Board for Puerto Rico has spent, during the course of just 10 months, the incomprehensible sum of $31 million out of our sad pockets.
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