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Seeking a solution for suppliers

The fiscal entity certifies a new plan for the central government and designs a mechanism in favor of the suppliers that have been sued

10 de mayo de 2019 - 10:51 AM

Archival note
This content was published more than 6 years ago.
The Board during an audience on May 9, 2019. (GFR Media)
The Board during an audience on May 9, 2019. (GFR Media)

A week ago, the Board’s Special Claims Committee (SCC) and the Unsecured Creditors Committee (UCC) sued hundreds of suppliers, government bondholders and bankers expecting to recover millions of dollars in payments that could have been illegally made before the Puerto Rico bankruptcy process.

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