News

News

Overdue 2017 Commonwealth Audit Submitted (Caribbean Business, 9/8/20)

Using just 2% of CDBG-DR funds shows Puerto Rico gov’t’s slow spending (News Is My Business, 9/4/20)

New PREPA director nominated (The Bond Buyer, 9/4/20)

Puerto Rico Purchasing Managers Index bounces back after April slump (Caribbean Business, 9/2/20)

Ocasio-Cortez, Velázquez call for convention to decide Puerto Rico status (The Hill, 8/25/20)

Pierluisi: ‘Our goal is to be treated equally as American citizens’ (The San Juan Daily Star, 8/24/20)

Resident Commissioner touts manufacturing resolution added to Republican platform: RNC adopts proposal to bring pharma industry back to US as federal public policy (Caribbean Business, 8/24/20)

PRFAA comments on productive visit by White House Special Representative to Puerto Rico: Intended to help position island as manufacturing center (Caribbean Business, 8/21/20)

US District Attorney for PR: ‘The corruption scheme repeats itself’ (The San Juan Daily Star, 8/21/20)

Pierluisi, Delgado win Puerto Rico primaries (Caribbean Business, 8/17/20)

Arrest made in Education Dept., Health Insurance Administration investigation: Former CPA Society head denies involvement in corruption case against former department heads (Caribbean Business, 8/12/20)

Botched Primary Election Creates New Crisis in Puerto Rico: ‘This Is a Travesty’; Puerto Ricans lost confidence in their electoral system after ballots failed to reach polling places, forcing officials to partially suspend a primary (The New York Times, 8/10/20)

Federal warnings cause further delays in the post-María recovery process in Puerto Rico: COR3 confirms it will not disburse pending funds to agencies until they certify they have resolved all of the indications found in audits by the U.S. Office of the Inspector General (Caribbean Business, 8/10/20)

Outgoing fiscal board member González: ‘Promesa was never meant to be a punishment for Puerto Rico’ (Caribbean Business, 8/4/20)

CEO of Puerto Rico’s power company to resign amid outages (The Associated Press, 8/3/20)

White House to Refresh Puerto Rico Oversight Board (The Wall Street Journal, 7/24/20)

Puerto Rico governor, others face formal corruption probe (The Associated Press, 7/20/20)

Puerto Rico braces for political upheaval involving governor (The Associated Press, 7/6/20)

Puerto Rico experts, participants discuss its future (The Bond Buyer, 7/6/20)

FOMB Chairman Carrión and Board Member García Resign (Caribbean Business, 7/1/20)

PROMESA after four years: Key questions remain (The Bond Buyer, 6/30/20)

Puerto Rico picks operator for power transmission and distribution system (The Bond Buyer, 6/23/20)

Resident Commissioner opposes amendments to PROMESA: Jennifer González says it is a political game (El Nuevo Dia, 6/13/20)

White House eyeing bill to bring businesses back from China to distressed areas of the US (The Washington Examiner, 6/4/20

Peter Navarro calls on Congress to ‘bring home’ manufacturing to Puerto Rico (The Washington Examiner, 5/28/20)

Study reveals that Puerto Rico’s transparency laws are worse than in most countries: Puerto Rico ranked 87th in comparison to 128 other countries (Caribbean Business, 5/15/20)

Puerto Rico Governor Backs Tax-Incentive Bill for Drugmakers (Bloomberg, 5/12/20)

Puerto Rico: Right to Information Laws Adopted Recently are Weak (The Centre for Law and Democracy, 5/6/20)

Puerto Rico Gov Announces Receipt of $2.2 billion in Cares Act Aid (Caribbean Business, 4/22/20)

Crashing oil prices, COVID-19 restrictions give boost to embattled Puerto Rico utility (Utility Dive, 4/22/20)

FEMA: Puerto Rico Hurricane Recovery Efforts Continue with Funding for 155 Projects (Caribbean Business, 4/21/20)

Puerto Rico businesses receive less federal aid (The Bond Buyer, 4/21/20)

Puerto Rico Manufacturers on a Mission to Become a National Security Ally (Caribbean Business, 4/17/20)

Political Insight: President Trump on Puerto Rico (The Weekly Journal, 3/11/20)

Proskauer’s Revenue Crosses $1B Amid Growing Puerto Rico Workload (The New York Law Journal, 3/10/20)

Stateside Puerto Ricans demand answers on unused hurricane aid to Puerto Rico (NBC News, 3/10/20)

Pharmaceutical industry: Eyes on Puerto Rico (El Nuevo Dia, 3/10/20)

Regaining credibility in Washington (El Nuevo Dia, 3/6/20)

Puerto Rico judge says full steam ahead on debt deal (The Bond Buyer, 3/4/20)

Puerto Rico Bankruptcy Climax Set to Come Amid Island Elections (Bloomberg, 3/4/20)

Revised Fiscal Plan includes more changes in Health and Education (El Nuevo Dia, 3/3/20)

Puerto Rico Utility Deal Stumbles, Shaking Muni Investors (The Wall Street Journal, 3/2/20)

Reconstruction Coordinator: “My main concern is sustainability” (El Nuevo Dia, 2/26/20)

Detroit’s recovery continues with better rating outlook (The Bond Buyer, 2/26/20)

Relief funds close to being released (El Nuevo Dia, 2/25/20)

Puerto Rican Government does not support new bond deal (El Nuevo Dia, 2/20/20)

Puerto Rico governor formally opposes debt-restructuring plan (The Bond Buyer, 2/19/20)

It is urgent to apply lessons from Hurricanes Irma and María (El Nuevo Dia, 2/19/20)

Hoyer leads Congressional delegation to Puerto Rico (El Nuevo Dia, 2/16/20)

Here’s What You Need to Know on Puerto Rico’s Restructuring Deal (Bloomberg, 2/10/20)

Puerto Rico oversight board eyes bankruptcy exit by year-end (Reuters, 2/10/20)

Puerto Rico’s economy in limbo as governor rejects debt deal (The Associated Press, 2/10/20)

Supplemental spending bill will not advance in Senate (El Nuevo Dia, 2/8/20)

House Democrats pass Puerto Rico earthquake relief bill, but White House opposes it (The Miami Herald, 2/7/20)

FEMA denies PREPA’s initial request (El Nuevo Dia, 2/7/20)

FEMA Needs to Improve Program Guidance in Puerto Rico Recovery, GAO Says (Caribbean Business, 2/6/20)

White House threatens to veto Puerto Rico earthquake aid package ahead of House vote (The Washington Post, 2/5/20)

Puerto Rico to get disaster aid coordinator, more federal aid (The Bond Buyer, 2/4/20)

Peter J. Brown is Puerto Rico Federal Reconstruction Coordinator (El Nuevo Dia, 2/3/20)

Four charges to pay off PREPA debt and pensions (El Nuevo Dia, 2/1/20)

The Board will not change its plans (El Nuevo Dia, 1/30/20)

Disaster Prevention: lessons from the earthquake (El Nuevo Dia, 1/29/20)

Delay sought for hearing on Puerto Rico electric utility debt restructuring (Reuters, 1/29/20)

Trump government says “no” to further aid (El Nuevo Dia, 1/28/20)

Puerto Rico revenue bond litigation heats up (The Bond Buyer, 1/22/20)

A long process to receive federal aid (El Nuevo Dia, 1/21/20)

A bipartisan bill seeking additional recovery funds (El Nuevo Dia, 1/20/20)

Puerto Ricans still waiting on disaster funds as Hurricane Maria’s aftermath, earthquakes continue to affect life on the island (The Washington Post, 1/19/20)

HUD Appoints Federal Financial Monitor to Oversee Puerto Rico, USVI Disaster Recovery Funds (Caribbean Business, 1/17/20)

House to pass $3.4B disaster aid package for Puerto Rico (Politico, 1/16/20)

Dangling disaster relief funds, White House to require Puerto Rico to implement reforms (The Washington Post, 1/15/20)

Court Lets Puerto Rico Ruling Stand (Bloomberg, 1/14/20)

Supreme Court leaves Puerto Rico special revenue decision alone (The Bond Buyer, 1/13/20)

Experts warn Puerto Rico not prepared for big earthquakes (The Associated Press, 1/13/20)

With Earthquakes and Storms, Puerto Rico’s Power Grid Can’t Catch a Break (The New York Times, 1/10/20)

Puerto Rico power plant damaged in earthquake could be out for “over a year,” official says (CBS News, 1/9/20)

Limited economic impact expected from Puerto Rico earthquakes (The Bond Buyer, 1/7/20)

Puerto Rico population estimated to grow for first time since 2004 (The Bond Buyer, 1/2/20)

Permanent projects have not started after María (El Nuevo Dia, 12/17/19)

Congressional leadership agrees to allocate about $5,742 billion in Medicaid funding to the island: The $12 billion appropriation package originally proposed did not advance (El Nuevo Dia, 12/17/19)

Trump slashed Puerto Rico’s Medicaid money as part of budget deal (Politico, 12/17/19)

Detroit looks ahead, five years after Chapter 9 exit (The Bond Buyer, 12/17/19)

Puerto Rico Governor Wanda Vázquez announces she’s running for election in 2020 (El Nuevo Dia, 12/16/19)

Governor of Puerto Rico sends letter to Congressional Leadership urging swift action on Medicaid legislation (Puerto Rico Federal Affairs Administration Twitter Account, 12/12/19)

Municipal fiscal plans on hold: Municipalities fear plans could be a death sentence for several cities (El Nuevo Dia, 12/12/19)

Analysis: Mistaken assumptions on recovery funds could stump P.R.’s future growth (News Is My Business, 12/9/19)

Local officials admit more controls on Medicaid funding (El Nuevo Dia, 12/8/19)

FOMB Keeps Its Eyes on the Prize: Puerto Rico’s Exit from Bankruptcy (The Weekly Journal, 12/4/19)

The Potential Transformation of the Puerto Rico Electric Sector (The Government of Puerto Rico, 12/2/19)

End of tax credit for CFCs seems imminent: New reports suggest that the Treasury is considering ending the tax credit that brings $2 billion annually to the island (El Nuevo Dia, 11/27/19)

Puerto Rico general fund collections beat projections by 14% (The Bond Buyer, 11/22/19)

Medicaid and Medicare Advantage Products Association of Puerto Rico (MMAPA) Calls On Congress To Approve Long-Term Funding Solution For Puerto Rico’s Medicaid Program (mmapapr.org, 11/22/19)

America’s ‘Shame’: Medicaid Funding Slashed In U.S. Territories (NPR, 11/20/19)

Puerto Rico municipalities’ finances mostly hold steady or improve (The Bond Buyer, 11/18/19)

March will be crucial for Medicaid: The federal government has fully funded the Puerto Rican government’s health plan since early 2018 (El Nuevo Dia, 11/15/19)

Engineers give Puerto Rico infrastructure a grade of ‘D-‘ (Caribbean Business, 11/14/19)

Puerto Rico Board Opposes U.S. House Input in Utility Dispute (Bloomberg Law, 11/14/19)

U.S. lawmakers clash over PREPA agreement (The Bond Buyer, 11/13/19)

Report: Puerto Rico’s infrastructure failing as federal aid remains on hold (Roll Call, 11/12/19)

Puerto Rico gets near-failing grade on infrastructure report card (Reuters, 11/12/19)

Rep. Bishop et al Letter Regarding PROMESA (House Natural Resources GOP Twitter Account, 11/12/19)

New debt issue policy: Governor Wanda Vázquez Garced sends a bill to the Legislature that would establish new debt issuance regulations (El Nuevo Dia, 11/5/19)

New York is leading the effort to modernize Puerto Rico’s power grid (City & State New York, 11/5/19)

Grassley proposes $9.8 billion for Medicaid services: Influential Republican Senator suggests $2.2 billion less than the House over the next four years (El Nuevo Dia, 11/2/19)

Puerto Rico governor focused on federal funds, restructuring process (Caribbean Business, 10/31/19)

Puerto Rico Treasury announces higher revenue for August, September (Caribbean Business, 10/30/19)

Puerto Rico grid modernization plan tops $20B (Utility Dive, 10/29/19)

A Reasonable Proposal: How U.S. Law Allows Puerto Rico’s Legal Bills To Flourish (Forbes, 10/29/19)

Modernizing the power grid in Puerto Rico will take a decade (El Nuevo Dia, 10/25/19)

Puerto Rico Officials Reject Proposal to Cancel Some Debt (Bloomberg, 10/22/19)

Carson defends HUD for knowingly stalling Puerto Rico hurricane relief funds (NBC News, 10/22/19)

Proposed PROMESA amendments unlikely to derail Title III reorganization (The Bond Buyer, 10/22/19)

Legislation introduced to expand Medicare Part D low-income subsidies to U.S. territories (Caribbean Business, 10/16/19)

The legacy of the Board (El Nuevo Dia, 10/14/19)

Closing arguments on the Board’s constitutionality (El Nuevo Dia, 10/13/19)

Bankruptcy costs keep rising: In less than two years, the court has authorized more than $360 million in payments to attorneys and consultants in Title III cases (El Nuevo Dia, 10/12/19)

Resident commissioner, Puerto Rico gov discuss alternatives to halted $1.5B in federal Education funds (Caribbean Business, 10/10/19)

Supreme Court considers legitimacy of Puerto Rico Oversight Board (The Bond Buyer, 10/8/19)

Bondholders have lien on Puerto Rico pension bonds: Supreme Court (The Bond Buyer, 10/7/19)

The next 16 months will define Puerto Rico’s future. Is Gov. Wanda Vázquez ready? (NBC News, 10/3/19)

Waiting for a federal decision: The Puerto Rican government seeks that the Board becomes the ‘trustee’ (El Nuevo Dia, 10/3/19)

Assured Guaranty Responds to Puerto Rico Oversight Board’s Plan of Adjustment (Business Wire, 10/2/19)

How to restore the protected status of revenue bonds (The Bond Buyer, 10/2/19)

Gov says Puerto Rico must seek a balance to ‘get out of debt’ (Caribbean Business, 10/1/19)

Puerto Rico oversight board files adjustment plan to reduce debt (Pensions and Investments, 9/27/19)

Vázquez Administration Tackles Restructuring, Other Complex Economic Issues (Caribbean Business, 9/26/19)

Official Retirees Committee, Fiscal Board Agreement Creates Pension Reserve (Caribbean Business, 9/26/19)

Puerto Rico gov makes worker pay, pensions her priority (Caribbean Business, 9/25/19)

Senate Leadership still has doubts about the Medicaid funding in Puerto Rico (El Nuevo Dia, 9/24/19)

Puerto Rico employment rises above 1 million for first time in six years (The Bond Buyer, 9/20/19)

Puerto Rico included in federal budget measure (Caribbean Business, 9/18/19)

P.R. revenue collections reach $1.05B in July, Treasury Dept. says (News Is My Business, 9/18/19)

Puerto Rico’s Looming 2019 Medicaid Fiscal Cliff (Center for a New Economy, 9/18/19)

Puerto Rico’s July revenues were 18% above forecast (The Bond Buyer, 9/17/19)

Despite governance crisis in July, Puerto Rico tax revenue exceeds projections (Caribbean Business, 9/17/19)

Puerto Rico senator: Tax reform that’s immune to presidential whims needed (Caribbean Business, 9/17/19)

Gov. Vázquez to Congress: Without funding, Puerto Rico can’t run Medicaid program (Caribbean Business, 9/17/19)

Moody’s views addition of bond insurers for Prepa RSA as ‘significant progress’ (Caribbean Business, 9/11/19)

Puerto Rico plan of adjustment expected by end of month (The Bond Buyer, 9/11/19)

Puerto Rico gov discusses recovery aid with federal officials in Washington (Caribbean Business, 9/10/19)

PREPA restructuring takes step forward (The Bond Buyer, 9/9/19)

Congress: Puerto Rico is standing on shifting ground (El Nuevo Dia, 9/8/19)

Private sector to assist Puerto Rico efforts to unblock federal disaster aid (Caribbean Business, 9/3/19)

Board appointments expired yesterday (El Nuevo Dia, 8/31/19)

Illinois Bonds Gain as Judge Denies Petition to Void Debt (Bloomberg, 8/29/19)

How little we know about Puerto Rico’s economy (Axios, 8/28/19)

Hurricane Dorian Spares Puerto Rico as Florida Prepares for Landfall (The New York Times, 8/28/19)

A near miss for Puerto Rico as Dorian strengthens into a hurricane (The Washington Post, 8/28/19)

Global commercial real estate shifts could benefit Puerto Rico economy (Caribbean Business, 8/26/19)

UPR and Tren Urbano are still suffering the effects of the hurricanes (El Nuevo Dia, 8/26/19)

Judge allows Puerto Rico board’s suit against governor to continue (The Bond Buyer, 8/23/19)

Democratic lawmakers request HUD publish disbursement requirements for Puerto Rico, USVI recovery funds (Caribbean Business, 8/23/19)

Could Puerto Rico’s moment be over? Leaders split on how to keep island in limelight (The Miami Herald, 8/21/19)

Puerto Rico Economic Development Secretary in Washington to seek support (Caribbean Business, 8/20/19)

Puerto Rico Governor Wanda Vázquez speaks with the White House (The Government of Puerto Rico, Office of the Governor, 8/16/19)

New Puerto Rico gov discusses transparency with Trump administration (Caribbean Business, 8/16/19)

AP Interview: Puerto Rico governor to stay, fight corruption (The Washington Post, 8/16/19)

Puerto Rico board urges federal help (The Bond Buyer, 8/14/19)

Puerto Rico oversight board publishes fiscal 2019 report: Says it wants to end its work as quickly as possible (Caribbean Business, 8/14/19)

Puerto Rico majority party mayors pleased with new governor (Caribbean Business, 8/14/19)

New Puerto Rico Governor Wanda Vasquez Finally Overcoming Challenges (NBC New York, 8/14/19)

Puerto Rico utility director wants FEMA to repair grid so it can be privatized (Caribbean Business, 8/13/19)

PRASA reached agreements to restructure $1 billion debt: The public corporation recovers access to funds for infrastructure (El Nuevo Dia, 8/12/19)

Puerto Rico’s Supreme Court overturns Pedro Pierluisi as new governor (CNN, 8/7/19)

Puerto Rico fiscal 2019 revenues came in 34.5% higher than projected (The Bond Buyer, 8/6/19)

Puerto Rico Revenue Tops Forecasts by $1 Billion Despite Turmoil (Bloomberg, 8/6/19)

New requirements to disburse federal funds: Agencies are expected to meet new requirements due to corruption allegations and administrative changes (El Nuevo Dia, 8/6/19)

Puerto Rico’s Lodging Comeback Is Cut Short by Political Turmoil: Island’s tourism and luxury housing sector appeared poised for a rebound before a series of disruptions (The Wall Street Journal, 8/6/19)

Department of Housing and Urban Development imposes Federal Monitor on the island: The agency based its decision on recent cases of corruption and the political crisis the government of Puerto Rico is facing (El Nuevo Dia, 8/3/19)

Federal Disaster Aid Not Around the Corner?: The Rosselló Administration’s Implosion Has Set in Motion Discussion in the Federal Realm to Rescind Disaster Funds (Caribbean Business, 8/1/19)

Trump administration to place new restrictions on billions in aid for Puerto Rico amid island’s political crisis (The Washington Post, 8/1/19)

Puerto Rico Governor Names Pedro Pierluisi as His Possible Successor (The New York Times, 7/31/19)

Departing Puerto Rico governor makes several appointments (Caribbean Business, 7/31/19)

PREPA privatization process continues (El Nuevo Dia, 7/30/19)

Why a Cleveland rating took collateral damage from Puerto Rico (The Bond Buyer, 7/30/19)

Judge Taylor Swain orders a 120-day pause on bankruptcy lawsuits (El Nuevo Dia, 7/25/19)

Ricardo Rosselló, Puerto Rico’s Governor, Resigns After Protests (The New York Times, 7/24/19)

Trump asked to appoint reconstruction coordinator for Puerto Rico (The Bond Buyer, 7/24/19)

Oversight Board calls for urgent solution to the crisis (El Nuevo Dia, 7/24/19)

PREPA’s Executive Director against the Oversight Board (El Nuevo Dia, 7/23/19)

Economists join claims for governor’s ouster; PRMA asks for ‘swift action’ (News Is My Business, 7/18/19)

Protesters in downtown Miami call for Puerto Rican governor’s resignation (7 News Miami, 7/17/19)

After Tumultuous Protests, Puerto Rico Governor Insists He Will Not Resign (The New York Times, 7/16/19)

Puerto Rico Private Sector Coalition condemns corruption (Caribbean Business, 7/15/19)

Puerto Rico Bar Association assesses legal basis to impeach governor (Caribbean Business, 7/14/19)

Rep. Soto Introduces $14 Billion Medicaid Parity Bill for Puerto Rico, U.S. Territories (Orlando Political Observer, 7/10/19)

FBI makes arrests in Puerto Rico corruption scandal, prompting calls for governor’s ouster and concerns about billions in storm aid (The Washington Post, 7/10/19)

Delays in aid raise concerns (El Nuevo Dia, 7/10/19)

Medicaid funds to be discussed in July (El Nuevo Dia, 6/29/19)

Puerto Rico Treasury Dept. collects $922 million in May (Caribbean Business, 6/28/19)

FBI seeks tips on Puerto Rico gov’t contracts probe (Caribbean Business, 6/28/19)

Oversight Board Certifies Prepa Fiscal Plan (The Weekly Journal, 6/27/19)

2019 Fiscal Plan for the Puerto Rico Electric Power Authority (The Financial Oversight and Management Board for Puerto Rico, 6/27/19)

U.S. Territories Public Debt Outlook – 2019 Update (United States Government Accountability Office, 6/2019)

‘The show must go on,’ says Puerto Rico’s financial czar (Caribbean Business, 6/26/19)

Puerto Rico Manufacturers Association urges gov’t to address corruption allegations (Caribbean Business, 6/26/19)

Trump’s campaign brings in González and Carrión (El Nuevo Dia, 6/26/19)

Additional Medicaid Funding to Puerto Rico, Virgin Islands Is in Jeopardy (AIS Health, 6/24/19)

Puerto Rico Sales Tax Financing Corp. publishes audited statements (Caribbean Business, 6/20/19)

Watch U.S. House subcommittee hearing on Medicaid funding in territories (Caribbean Business, 6/20/19)

Puerto Rico Board Appointment Dispute Gets Supreme Court Review (Bloomberg, 6/20/19)

Ambac questions Puerto Rico board assertion that pension liabilities rose $5 billion (Caribbean Business, 6/19/19)

U.S. Reps. Pascrell, González introduce revised bill to provide supplement to Puerto Rico EITC (Caribbean Business, 6/19/19)

Sunsetting Puerto Rico Medicaid Money Gets Democrats’ Attention (Bloomberg Law, 6/18/19)

Puerto Rico board asks court for more time on members’ appointments (Reuters, 6/18/19)

Illinois tollway takes a rating blow in Puerto Rico-related fallout (The Bond Buyer, 6/18/19)

Board reaches restructuring deal with certain major bondholders (El Nuevo Dia, 6/17/19)

Executive director of Puerto Rico’s Oversight Board defends proposed restructuring deal (CNBC, 6/17/19)

A serious warning to the Board (El Nuevo Dia, 6/15/19)

Hotel room tax collections reach ‘record levels’ in April at almost $7M (News Is My Business, 6/13/19)

Sen. Sanders, co-sponsors introduce legislation to put territories on par with states for Medicaid (Caribbean Business, 6/12/19)

Puerto Rico statehood advocate posits territory’s incorporation (Caribbean Business, 6/11/19)

Resident Commissioner anticipates more funds to come (El Nuevo Dia, 6/8/19)

The high cost of the territorial bankruptcy (El Nuevo Dia, 6/7/19)

Fee examiner in Puerto Rico debt restructuring warns of rising litigation costs (Caribbean Business, 6/7/19)

Trump’s administration defends Promesa (El Nuevo Dia, 6/7/19)

Governments Rethink Their ‘Moral Obligation’ to Municipal Bondholders (Governing, 6/5/19)

Trump’s administration to file certiorari petition today (El Nuevo Dia, 6/5/19)

Air travel to Puerto Rico highest in 8 years (Caribbean Business, 6/5/19)

Puerto Rico’s central government has 47% more than anticipated (The Bond Buyer, 6/4/19)

U.S. Congress passes $19.1 billion disaster relief bill for states, territories (Caribbean Business, 6/3/19)

FBI evaluation of Board members still incomplete (El Nuevo Dia, 6/2/19)

Puerto Rico’s April revenues come in 24% above projections (The Bond Buyer, 5/24/19)

U.S. Senators submit bill to guarantee robust disclosure requirements (News Is My Business, 5/24/19)

When Will the U.S. Territories Exhaust Federal Medicaid Funding? (MACPAC, May 2019)

U.S. House Committee holds hearing on territories’ looming Medicaid Cliff (Caribbean Business, 5/23/19)

Puerto Rico’s Bankruptcy Case Casts a Shadow on Billions in Municipal Bonds (Barron’s, 5/23/19)

House Natural Resources Full Committee Hearing: The Insular Areas Medicaid Cliff (Video) (House Natural Resources Committee, 5/23/19)

San Juan objects to Board´s control over its finances (El Nuevo Dia, 5/22/19)

Medicaid Financing Cliff: Implications for the Health Care Systems in Puerto Rico and USVI (Kaiser Family Foundation, 5/21/19)

Puerto Rico builders, contractors reject fiscal board move to recover payments (Caribbean Business, 5/21/19)

Proskauer seeks $16.4 million in fees from Puerto Rico (Caribbean Business, 5/21/19)

Puerto Rico fiscal board sues retirement system bondholders to recover $392 million (Caribbean Business, 5/19/19)

Puerto Rico fiscal board says only it can propose ‘what recovery pensioners will receive’ (Caribbean Business, 5/17/19)

Swain opens the door to more complaints (El Nuevo Dia, 5/17/19)

U.S. Treasury sued for information on Puerto Rico fiscal board appointments (Caribbean Business, 5/15/19)

Fee examiners raise alarm about Puerto Rico board petition for extension (Caribbean Business, 5/15/19)

‘Aurelius risk’ cited as roadblock in Puerto Rico fiscal board effort to pursue claims (Caribbean Business, 5/15/19)

Illinois toll debt feels effect of Puerto Rico special revenue ruling (The Bond Buyer, 5/13/19)

Mayors recognize the power of PROMESA (El Nuevo Dia, 5/13/19)

Oversight board certifies Puerto Rico fiscal plan (Caribbean Business, 5/9/19)

Report: Puerto Rico population decline results in marked school enrollment drop (Caribbean Business, 5/8/19)

Sobrino Vega criticizes the Board for suing suppliers (El Nuevo Dia, 5/8/19)

Restructuring support agreement for Puerto Rico power company reached (Caribbean Business, 5/6/19)

Donald Trump has not yet sent the nominations of the Oversight Board (El Nuevo Dia, 5/6/19)

Government files financial statements (El Nuevo Dia, 5/6/19)

Puerto Rico Utility, Bondholders Reach Restructuring Agreement (Bloomberg, 5/3/19)

A thorough Senate evaluation process for Board nominations (El Nuevo Dia, 5/1/19)

New Senate GOP offer on disaster aid bill gives $300 million boost to Puerto Rico (The Washington Post, 5/1/19)

Puerto Rico Oversight Board sues 230 government suppliers (The Bond Buyer, 5/1/19)

Trump renominates Puerto Rico fiscal board members (Caribbean Business, 4/30/19)

Senate Republicans reach for deal on disaster aid amid ongoing dispute over Puerto Rico (The Washington Post, 4/30/19)

Puerto Rico Oversight Board specifies its clawback targets (The Bond Buyer, 4/29/19)

Puerto Rico oversight board loses bid to extend claims filing deadline (Reuters, 4/24/19)

Trump’s feud with Puerto Rico looms over congressional standoff on disaster aid (USA Today, 4/24/19)

Big Oil Traders Accused of Cheating Puerto Rico’s Power Utility (Bloomberg, 4/24/19)

Trump Considering Waiving Jones Act Mandate for Natural Gas, Sources Say (Bloomberg, 4/24/19)

Puerto Rico Board Takes Fight Over Members to Supreme Court (Bloomberg, 4/23/19)

The McKinsey Way to Save an Island – Why is a bankrupt Puerto Rico spending more than a billion dollars on expert advice? (New York Magazine, 4/17/19)

Puerto Rico revenues jump 23% over projections through first seven months (The Bond Buyer, 4/16/19)

Puerto Rico Ruling Sends Shock Through $3.8 Trillion Muni Market (Bloomberg, 4/12/19)

U.S. court’s Puerto Rico bond ruling prompts Fitch ratings warning for other issuers (Reuters, 4/11/19)

Fitch Places Seven USPF Special Revenue Ratings on Negative Watch Pending Court Decision (Fitch Ratings, 4/11/19)

Puerto Rico utility nears deal on $9 billion restructuring (The Wall Street Journal, 4/10/19)

Puerto Rico fiscal board again requests audited statements (Caribbean Business, 4/10/19)

Congress will probably leave town without voting on a disaster bill (Roll Call, 4/9/19)

Puerto Rico oversight board may seek money back from bondholders (Reuters, 4/3/19)

Proposed claw back of fees for Puerto Rico GOs could backfire (The Bond Buyer, 4/3/19)

Nutritional Assistance stalls in the Senate (El Nuevo Dia, 4/2/19)

Senate Democrats block disaster aid measure (Caribbean Business, 4/1/19)

Court ruling in Puerto Rico bankruptcy fans revenue bond fears (Reuters, 3/28/19)

CDBG-DR funds: Puerto Rico asks for permanent regulations (El Nuevo Dia, 3/27/19)

Report says Puerto Rico has moderate level of economic freedom (Caribbean Business, 3/25/19)

FOMB Letter – Audits Timeline (Financial Oversight & Management Board for Puerto Rico, 3/23/19)

Grijalva perceives Puerto Ricans favor statehood (El Nuevo Dia, 3/23/19)

Puerto Rico private sector jobs higher than before 2017 hurricanes (Caribbean Business, 3/22/19)

Current Status of Puerto Rico Debt Restructuring (MunicipalBonds.com, 3/20/19)

Raúl Grijalva sets his priorities (El Nuevo Dia, 3/19/19)

Puerto Rico oversight board rejects government’s proposed fiscal plan (Caribbean Business, 3/18/19)

Upcoming Event: AFGI Puerto Rico Bankruptcy Risk Summit (Event Taking Place on April 9, 2019)

Congressional delegation to examine Puerto Rico disaster recovery, Promesa austerity measures (Caribbean Business, 3/14/19)

Puerto Rico’s new draft fiscal plan banks on reforms, federal recovery funding (Caribbean Business, 3/13/19)

Rosselló to propose amendments to Promesa (El Nuevo Dia, 3/10/19)

Puerto Rico aid among issues complicating disaster bill talks (Roll Call, 3/8/19)

Puerto Rico gov implores U.S. Senate to pass supplemental appropriations bill (Caribbean Business, 3/7/19)

Puerto Rico Electric Power Authority Under Risk of Receivership (Caribbean Business, 3/7/19)

Legal fees in Puerto Rico bankruptcy drop (Caribbean Business, 3/7/19)

Sanders and Velázquez filed bill to end unequal treatment (El Nuevo Dia, 3/7/19)

U.S. Senate can be open to amend PROMESA (El Nuevo Dia, 2/27/19)

Fiscal board invalidates several Puerto Rico spending bills (Caribbean Business, 2/27/19)

US territorial governors call Congress to help with disaster, fiscal recovery (Pacific Daily News, 2/27/19)

Puerto Rico governor challenges U.S. Senate to cut red tape (Caribbean Business, 2/27/19)

Rosselló requests Trump meeting to discuss reconstruction (El Nuevo Dia, 2/26/19)

Studies peg cost of Jones Act on Puerto Rico at $1.5 billion (Caribbean Business, 2/21/19)

Court decision may lead to friendlier Puerto Rico Oversight Board (The Bond Buyer, 2/19/19)

Puerto Rico congresswoman’s renewable energy proposal introduced in U.S. Senate (Caribbean Business, 2/19/19)

Court gives Trump, Senate 90 days to validate Puerto Rico fiscal board (Caribbean Business, 2/15/19)

Puerto Rico fiscal board goes to court to obtain Senate financial data (Caribbean Business, 2/14/19)

Puerto Rico fiscal board’s revitalization coordinator resigns (Caribbean Business, 2/13/19)

Jenniffer González supports the appointment of a federal reconstruction coordinator (El Nuevo Dia, 2/12/19)

New sales tax bonds issued under latest Puerto Rico debt restructuring (Reuters, 2/12/19)

Puerto Rico gov follows up on request for $600 million in nutrition assistance aid (Caribbean Business, 2/11/19)

Puerto Rico gov’t disagrees with resident commissioner proposal for U.S. recovery czar for the island (Caribbean Business, 2/8/19)

Cofina deal enshrined, even if Puerto Rico fiscal board declared null (Caribbean Business, 2/7/19)

Why SSI is not available to Puerto Rico? (El Nuevo Dia, 2/6/19)

Judge Swain approves Cofina plan of adjustment (Caribbean Business, 2/4/19)

Prepa to Submit Integrated Resource Plan Feb. 12 (Caribbean Business, 1/31/19)

U.S. Appeals Court reverses ruling on Puerto Rico pension bonds (Reuters, 1/30/19)

Appeals court rules in favor of Puerto Rico ERS bondholders (The Bond Buyer, 1/31/19)

Oversight Board Delineates Fiscal 2020 Budget Process; Issues Revenue Forecasts (Caribbean Business, 1/30/19)

Economic Activity Index up 21.5% in Nov. 2018 vs. same year-ago month (News Is My Business, 1/24/19)

Public power versus privatized power: The debate in P.R. before and after María (News Is My Business, 1/24/19)

Puerto Rico Picks Bidders for Ailing Power Utility (The Wall Street Journal, 1/20/19)

Velázquez revives bill targeting conflicts of interest (El Nuevo Dia, 1/19/19)

Puerto Rico’s $18 Billion Bond Restructuring Nears Completion (The Wall Street Journal, 1/19/19)

Certain utilities selected to vie for T&D in Puerto Rico considered high risk (Caribbean Business, 1/18/19)

Unsecured Creditors inform court of extension to object procedures involving annulment of $6 billion of Puerto Rico debt (Caribbean Business, 1/17/19)

All COFINA classes vote in favor of deal (The Bond Buyer, 1/9/19)

FOMB Letter citing continued delays in the submission of audited financial statements by the Government of Puerto Rico (Financial Oversight and Management Board for Puerto Rico, 1/9/19)

Jenniffer González plans to introduce a new pro-statehood bill (El Nuevo Dia, 1/8/19)

Carmelo Ríos and “Tatito” Hernández promote their proposal in Congress (El Nuevo Dia, 1/6/19)

Congress renews pressure for new allocations (El Nuevo Dia, 1/4/19)

Puerto Rico’s resistance may slow Oversight Board, restructuring (The Bond Buyer, 1/3/19)

Transparency of Puerto Rico bankruptcy is the aim of a new bill (The New York Times, 12/19/18)

A bill to avoid conflicts of interest in debt restructuring (El Nuevo Dia, 12/17/18)

Efforts to avoid Puerto Rico’s health care crisis (El Nuevo Dia, 12/16/18)

Puerto Rico gov meets with Trump officials, members of Congress (Caribbean Business, 12/13/18)

Puerto Rico recovery office chief: Federal red tape delaying over 3,000 reconstruction projects (Caribbean Business, 12/13/18)

PREPA’s moves to rebuild its system seen as positive (The Bond Buyer, 12/12/18)

Why the Puerto Rico Oversight Board may be overturned (The Bond Buyer, 12/6/18)

Puerto Rico gov says he didn’t defy fiscal board by paying the Christmas bonus (Caribbean Business, 12/5/18)

Utier challenges Promesa in Boston (El Nuevo Dia, 12/3/18)

Final and firm agreement on GDB (El Nuevo Dia, 11/30/18)

Puerto Rico Treasury: October revenue is highest for month in 5 years (Caribbean Business, 11/28/18)

Fiscal board certifies amended Cofina adjustment plan (Caribbean Business, 11/28/18)

U.S. House leaders call for Puerto Rico status plebiscite (The Bond Buyer, 11/27/18)

Rosselló and González ask Congress for more funds (El Nuevo Dia, 11/26/18)

Puerto Rico Oversight Board turns focus to another $9.2B of debt (The Bond Buyer, 11/14/18)

Puerto Rico fiscal board urges Congress to consider PRIMA bill (Caribbean Business, 11/14/18)

Puerto Rico Legislature passes tax reform despite fiscal board objections (Caribbean Business, 11/13/18)

COFINA deal approval advances PROMESA goals (The Bond Buyer, 11/12/18)

Puerto Rico bank gets court blessing to restructure debt (The Bond Buyer, 11/7/18)

COFINA deal takes step forward with proposed settlement (The Bond Buyer, 11/6/18)

Puerto Rico Energy Bureau to Investigate Institute’s Claims (Caribbean Business, 10/31/18)

Changes to Tax System Has to Balance at a Fiscal Level (El Nuevo Dia, 10/31/18)

Puerto Rico Oversight Board Voices Concerns Over Tax Reform (The Bond Buyer, 10/30/18)

Natalie Jaresko warns “political will” is needed (El Nuevo Dia, 10/23/18)

Puerto Rico’s Revised Fiscal Plan Approved Over Government Opposition (Reuters, 10/23/18)

Puerto Rico Fiscal Plan Predicts Surplus if Reforms are Carried Out (Caribbean Business, 10/22/18)

New Puerto Rico Fiscal Plan Reflects Updated Data (Bond Buyer, 10/22/18)

Puerto Rico Bonds Soar, Pointing to Hope for Restructuring (Wall Street Journal, 10/22/18)

Puerto Rico Treasury: September’s Net General Fund Revenue is Record for the Month (Caribbean Business, 10/22/18)

Prepa’s Restructuring Accord Lacks Meaningful Reforms (Caribbean Business, 10/19/18)

Puerto Rico Unemployment Declines to Lowest Rate in at Least 76 Years (Bond Buyer, 10/19/18)

Puerto Rico governor introduces bill for COFINA restructuring (Bond Buyer, 10/11/18)

Assured Guaranty Renews Motion to Lift Automatic Stay and Commence an Action Against PREPA for the Appointment of a Receiver (10/4/18)

Puerto Rico Treasury: August Revenue Was Highest Since 2005 For The Month (Caribbean Business, 9/28/18)

Report: Puerto Rico needs regulatory structures to provide clean, affordable electricity (Caribbean Business, 9/28/18)

Puerto Rico’s Fiscal Plans Are Not Helping It Improve (Forbes, 9/24/18)

Puerto Rico Bond Restructuring Approved in Initial Vote Tally (U.S. News & World Report, 9/13/18)

It took 11 months to restore power to Puerto Rico after Hurricane Maria. A similar crisis could happen again (Vox, 8/15/18)

Court of Appeals remands request for Puerto Rico power utility receivership to District Court (Caribbean Business, 8/9/18)

Assured Guaranty Joins Agreement Between Senior and Subordinate COFINA Bondholders (8/9/18)

Assured Guaranty Files Lawsuit Challenging Constitutionality of Board Appointments to Puerto Rico’s Financial Oversight and Management Board (7/23/18)

Uncertainty about financial statements; KPMG External auditor issues mixed opinion since he could not verify the accuracy of the financial information provided by the government (El Nuevo Dia, 7/5/18)

Puerto Rico bondholders offer debt deal, snubbed by oversight board (Reuters, 5/14/18)

US releases Puerto Rico debt crisis report, offers solutions (AP, 5/9/18)

Billing for Professional Services in Puerto Rico’s Bankruptcy Cases Reaches $135 Million (Centro De Periodismo Investigative, 4/3/18)

Puerto Rico Bonds Soar as Island Forecasts Swifter Recovery (Bloomberg, 3/26/18)

Puerto Rico board must bring creditors to table: U.S. lawmaker (Reuters, 3/29/18)

Puerto Rico Board Scolded by Lawmaker, Defied by Governor (Bloomberg, 3/29/18)

Opinion, Arthur Laffer: Puerto Rico’s ‘shortsighted’ fiscal plan totally ‘misses the mark’ (CNBC, 3/2/18)

Opinion, A. W. Maldonado: Should Puerto Rico pay its debt? (Caribbean Business, 2/20/18)

A Political and Constitutional Analysis of Puerto Rican Debt Crisis (Forbes, 11/6/18)

Puerto Rico offers fiscal plan settling debt for pennies on the dollar (The Washington Post, 1/25/18)

In bleak forecast, Puerto Rico sees no debt payment ability until 2022 (Reuters, 1/24/18)

Who owns Puerto Rico’s mountain of debt? You do (CNN, 10/9/18)

Why you can’t ignore Puerto Rico’s bankruptcy (USA Today, 5/4/17)

Puerto Rico to pay $1.4 million in general obligation debt (Reuters, 2/9/17)

Congress Shouldn’t Provide A ‘Super Chapter 9’ Escape for Puerto Rico (Forbes, 11/6/15)