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.
chat_bubble0 Comment
visibility1507 Views
Moody’s: PR’s fragile economy faces new risks post-María
September 26, 2017
The Commonwealth of Puerto Rico is facing new risks and economic uncertainty following the devastation caused by Hurricane Maria last week, Moody’s Investors Service concluded in a report released Tuesday.
chat_bubble0 Comment
visibility1389 Views
OBoard, gov’t face-off in court over employee furloughs
August 29, 2017
The Financial Oversight and Management Board for Puerto Rico filed in the U.S. District Court for the District of Puerto Rico an “Adversary Complaint for Declaratory and Injunctive Relief” seeking to enforce the certified Commonwealth’s Fiscal Plan.
chat_bubble0 Comment
visibility1485 Views
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
