The current Financial Oversight and Management Board for Puerto Rico is attempting to invalidate more than $6 billion of general obligation bonds and to initiate clawbacks of principal and interest payments to bondholders. It claims that the bonds were issued in excess of a Puerto Rico constitutional debt limit, notwithstanding the Commonwealth’s specific representations to […]
U.S. Congressman Darren Soto (FL-09) led a bipartisan, bicameral letter signed by 47 members of Congress to President Trump’s Administration requesting the disbursement of funds, which were already appropriated, to improve and build a more resilient electric grid in Puerto Rico and the U.S. Virgin Islands. After more than two years since Hurricane María devastated […]
The “Piedra, Papel, Tijera” social project from Generation DirecTV is celebrating its 10th anniversary, “contributing to more positive changes at different communities in need with their volunteering program,” the company said. To mark the occasion, more than 30 DirecTV employees volunteered and worked on the restoration of the Crearte Center in Yabucoa. “Piedra, Papel, Tijera” […]