Puerto Rico Board Firings Entangle Prepa Bankruptcy Dispute

Island on Edge: Trump Board Shake-Up Sparks Fears in Puerto Rico - Non Profit News

ep_jhu, End Colonialism in Puerto Rico , CC BY-NC 2.0 The news left many wondering: What else is going to happen to us now? In a move that sent shockwaves from San Juan to Wall Street, President Donald Trump fired five members of the Financial Oversight and Management Board for Puerto Rico. “La junta”…is the federally appointed body with ultimate power over Puerto Rico’s finances. Its decapitation throws the island’s fragile recovery into chaos.…

Puerto Rico Board Firings Entangle Prepa Bankruptcy Dispute

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 status update on the board’s membership.

Fiscal board continues operations despite losing 5 members – PR informa

U.S. District Judge Laura Taylor Swain --- The judge overseeing the Puerto Rico Electric Power Authority’s (PREPA)...