A lack of a formal intervention protocol, such as the ones in place in the U.S. mainland for governments in distress, is making Puerto Rico’s restructuring process “uncomfortable” and more challenging to address, an expert with 25 years of experience in reforming troubled public and private sector entities said Wednesday.
As part of a shared commitment to promoting and supporting education, research and community outreach, the Puerto Rico Agricultural Biotechnology Industry Association (PRABIA) and the Pontifical Catholic University of Puerto Rico entered a general collaborative agreement to foster and provide opportunities to students majoring in science and biotech fields.
Seven Puerto Rico trade groups will announce today the filing of a lawsuit to block what they call the “disastrous” rate hike proposed under the Puerto Rico Electric Power Authority restructuring deal.