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To confirm the PREPA-POA, Swain would hold another hearing - scheduled for next July - to determine whether the PREPA-POA is, in fact, reasonable and should be implemented.
To confirm the PREPA-POA, Swain would hold another hearing - scheduled for next July - to determine whether the PREPA-POA is, in fact, reasonable and should be implemented. (David Villafañe Ramos)

U.S. District Judge Laura Taylor Swain ordered yesterday the parties involved in the Puerto Rico Electric Power Authority´s (PREPA) debt restructuring process to be ready to discuss whether the proposed Plan of Adjustment (PREPA-POA) is “patently unconfirmable”, as the US Bank National Association alleged in its capacity as PREPA Bond Trustee.

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