September 06, 2017
Puerto Rico's insolvent electric utility filed papers Tuesday to transfer a dispute over rate hikes to the federal court presiding over the island's historic bankruptcy-like proceedings, saying the matter challenges the authority of federal overseers and the law underpinning the territory's restructuring.
August 08, 2017
Bond insurers with interest in most of the $8.3 billion in outstanding bond debt issued by Puerto Rico's government-owned power company launched a complaint Monday to force the utility to remit pledged funds for debt service, saying the company has failed to honor contractual obligations.
July 18, 2017
A group of Puerto Rico Electric Power Authority bondholders Tuesday told a bankruptcy court that the utility's financial troubles make the bondholders legally entitled to see a receiver appointed to protect their interests.