While the Executive branch and the Oversight Board say it is a favorable agreement, creditors and economists state that the adjustment of the government´s most important debt does not meet the Bankruptcy Code and PROMESA criteria
While the Executive branch and the Oversight Board say it is a favorable agreement, creditors and economists state that the adjustment of the government´s most important debt does not meet the Bankruptcy Code and PROMESA criteria
If next Tuesday, Judge Laura Taylor Swain concludes that the Board and the administration of Ricardo Rosselló complied with all the requirements of PROMESA and the applicable provisions of the Bankruptcy Code, then Puerto Rico will enter the final stage of the modification of the Sales Tax Financing Corporation (Cofina, Spanish acronym) debt.
Te invitamos a descargar cualquiera de estos navegadores para ver nuestras noticias: