We are part of The Trust Project

Judge Laura Taylor Swain has reservations over PREPA agreement

She highlighted that the Oversight Board and the government have not presented evidence on the agreement’s reasonability

13 de junio de 2019 - 10:44 AM

Archival note
This content was published more than 6 years ago.
This file photo shows a Puerto Rico Electric Power Authority (PREPA) station. (GFR Media)
This file photo shows a Puerto Rico Electric Power Authority (PREPA) station. (GFR Media)

Judge Laura Taylor Swain, who presides over Title III cases, seemed to have shaken the Oversight Board and the Electric Power Authority (PREPA) yesterday when she indicated that the motion to approve the final Restructuring Support Agreement (RSA) in that public corporation lacks macroeconomic information and legal conclusions that would lead her to decide that it is a reasonable transaction.

Popular en la Comunidad


Ups...

Nuestro sitio no es visible desde este navegador.

Te invitamos a descargar cualquiera de estos navegadores para ver nuestras noticias: