Search for: "The Financial Oversight and Management Board for Puerto Rico"
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2 Feb 2018, 2:47 pm
In a statement, the federal oversight board criticized Puerto Rico’s financial transparency, noting it has yet to publish audited financial statements for fiscal year 2015, according to Reuters. [read post]
20 Jun 2019, 12:12 pm
Congress responded by creating an independent board, the Financial Oversight and Management Board, to oversee the restructuring of the commonwealth’s massive debt and to make fiscal, legal and governance reforms to bring financial stability back to Puerto Rico. [read post]
19 Jan 2022, 2:53 pm
In a statement, the Financial Oversight and Management Board said, “Today begins a new chapter in Puerto Rico’s history. [read post]
21 May 2018, 12:56 pm
The bond insurer pointed out that under Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA), the law Congress passed in response to Puerto Rico’s financial problems, the oversight board has to honor these liens. [read post]
13 Jan 2023, 10:20 am
ShareWednesday’s argument in Financial Oversight and Management Board for Puerto Rico v. [read post]
26 Oct 2017, 6:55 am
Prior to joining New America in 2017, she served on President Obama’s senior staff, where she co-chaired the White House Task Force on Puerto Rico’s Political Status Also at the event will be Bill Cooper, lead drafter of the 2016 Puerto Rico Oversight Management and Economic Stability Act (PROMESA), which created the Financial Oversight and Management Board for Puerto Rico. [read post]
26 Jul 2017, 10:32 am
Federal Reserve official, to another 10-year term as the Director of the Puerto Rico Statistics Institute. [read post]
30 Mar 2016, 3:49 pm
Oversight-Board-initiated injunction: Although drafters appear to have some trepidation about this provision, section 413 creates a breathing spell from creditor action upon creation of an Oversight Board for Puerto Rico. [read post]
13 Apr 2017, 5:55 am
Pietrantoni 1 When Congress enacted the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA), it provided the Commonwealth of Puerto Rico and its instrumentalities two distinct restructuring tools to address its financial challenges. [read post]
15 Apr 2017, 7:10 am
McBride1 With this week’s certification of the Commonwealth of Puerto Rico’s fiscal plan, the Oversight Board and the new government in San Juan took their first tangible steps toward defining how much aggregate debt service Puerto Rico can afford to pay its creditors over the coming years. [read post]
14 Apr 2017, 6:07 am
Pietrantoni 1 Given the likelihood of a Title III proceeding under the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA) for the Commonwealth of Puerto Rico and certain of its instrumentalities in the near future,2 we thought it useful to outline some, but by no means all, of the key issues that are likely to be raised. [read post]
10 Jul 2018, 7:43 pm
The Financial Oversight and Management Board for Puerto Rico El Gobierno de Puerto Rico presentó una demanda contra la Junta de Supervisión y Administración Financiera (JSF) con el objetivo de establecer los parámetros de injerencia de ese organismo en el presupuesto del país luego de que ese organismo decidiera imponer un plan fiscal distinto al aprobado por la Legislatura. [read post]
7 Jun 2019, 10:35 am
The petitions of the week are: Financial Oversight and Management Board for Puerto Rico v. [read post]
21 Apr 2021, 6:30 am
The third was the Court’s decision in Financial Oversight and Management Board v. [read post]
5 Mar 2019, 9:32 am
Their committee formation comes just weeks after Puerto Rico’s fiscal oversight board,known as the Financial Oversight and Management Board (the “Board”), raised questions about whether $6 billion in general obligations are valid. [read post]
23 Jan 2019, 12:06 pm
Mitu Gulati & Mark Weidemaier Last week, the Government of Puerto Rico, acting through the Financial Oversight and Management Board (and in conjunction with the creditors’ committee), filed a claims objection seeking to invalidate roughly $6 billion of its General Obligation debt. [read post]
8 Jan 2018, 2:24 pm
Aurelius Capital Management seeks to invalidate a key element of PROMESA, the 2016 law that, among other things, created a bankruptcy process for the Puerto Rico that has been underway since May 2017, managed by an Oversight Board that has been working through its PROMESA tasks for many months longer. [read post]
20 Sep 2020, 9:00 pm
This Essay criticizes Justice Sotomayor’s concurring opinion in Financial Oversight and Management Board for Puerto Rico v. [read post]
29 Oct 2018, 7:40 am
In 2016, the United States Congress approved the Puerto Rico Oversight, Management and Economic Stability Act, also known as P.R.O.M.E.S.A, and thereby established an Oversight Board to handle Puerto Rico’s dire financial crisis. [read post]
9 May 2018, 4:13 am
Lee la demanda: The Financial Oversight and Management Board for Puerto Rico v. [read post]
