A group of nine leading Puerto Rico industry and business associations on Tuesday filed a legal challenge against a Puerto Rico Energy Commission move to impose the first in a series of what they called “unlimited, blank check" rate increases under the Puerto Rico Electric Power Authority debt-restructuring agreement.
Under a settlement with the U.S. Environmental Protection Agency, two pesticide distributors, Superior-Angran LLC and Superior Angran Caribbean Inc. of Guaynabo, will come into compliance with the Clean Air Act and federal pesticides law, the agency announced Thursday.
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.
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