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 ...
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 ...
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 ...
The board wants the court to reject a wide range of bondholder discovery requests related to their administrative expense ...
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 ...
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 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 ...
Management reiterated that the resolution of PREPA remains uncertain, but recent actions—including the sale of bankruptcy claims and the shift in bondholder alliances—are shaping the environment for ...
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