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Unsecured Creditors Committee and the Oversight Board gain ground in Court

Although Judge Laura Taylor Swain requested some changes, she approved the procedures the court will follow to decide on the validity of $6 billion bond debt.

31 de enero de 2019 - 10:18 AM

Archival note
This content was published more than 5 years ago.

Judge Laura Taylor Swain asked the Unsecured Creditors Committee (UCC) and the Oversight Board for improvements in the language of notices to be sent to thousands of General Obligations (GO) bondholders, in order to capture their attention and warn them about the possibility of losing a part or even everything they lent to the government. 

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