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The die is cast for PREPA: adjustment plan hearings end
Judge Laura Taylor Swain closes the process on the public utility’s plan of adjustment, the largest municipal bankruptcy case in U.S. history
Judge Laura Taylor Swain closes the process on the public utility’s plan of adjustment, the largest municipal bankruptcy case in U.S. history
After 11 days of technical concepts, legal references, and marathon questioning, the Oversight Board asked U.S. District Judge Laura Taylor Swain Monday to approve the Plan of Adjustment that would reduce the Puerto Rico Electric Power Authority’s (PREPA-POA) obligations by approximately 75%.
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