Comment on the Recent Black-Out on the Island: After eight years of Oversight Board control and nearly a half billion in advisor fees, PREPA continues to have problems and cannot deliver electricity ...
U.S. District Judge Laura Taylor Swain ordered further mediation in the PREPA bankrputcy despite mediators' insistence it was pointless. U.S. District Judge Laura Taylor Swain ordered Puerto Rico ...
Improving PREPA will depend on achieving good, independent governance, regardless of whether PREPA is a private or public entity. Puerto Rico Senate Vice President Larry Seilhamer Rodriguez’s recent ...
NEW YORK--(BUSINESS WIRE)--Bondholders of the Puerto Rico Electric Power Authority (“PREPA”), including GoldenTree Asset Management, LP, Assured Guaranty Inc., and National Public Finance Guarantee ...
PREPA bondholders say the failure to pay them net revenues since the 2017 bankruptcy start gives rise to their administrative expense claim. Bondholders of the Puerto Rico Electric Power Authority and ...
The Fiscal Oversight Board awaits a new decision from the First Circuit in Boston to present a new Adjustment Plan for the Puerto Rico Electric Power Authority (PREPA). In a file photo, a view of the ...
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MBIA signals potential company sale as PREPA exposure falls to $425M amid reduced uncertainty
William Fallon, CEO, announced "Our third quarter 2025 financial results had a lower net loss than the comparable period for 2024. Compared to 2024, our third quarter 2025 financial results benefited ...
The contract between the parties does not prevent PREPA from questioning LUMA's premises during the rate review, but it does prevent it from cross-examining it at the evidentiary hearings. (Carlos ...
The upheaval of Puerto Rico’s financial oversight board is slowing down the bankruptcy of its power utility as the judge overseeing the case suspended a near-term filing deadline and asked for a ...
The plan for the Puerto Rico Electric Power Authority (Prepa) has been contested hotly for months now, in a power struggle that started even before Hurricane Maria plunged the island into darkness for ...
NEW YORK--(BUSINESS WIRE)--Bondholders of the Puerto Rico Electric Power Authority (“PREPA”), including GoldenTree Asset Management, LP, Assured Guaranty Inc., and National Public Finance Guarantee ...
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