Puerto Rico Mediators Warn Utility Debt Fix Is ‘Years Away’
There remains no clear path on how to best reduce the debt of Puerto Rico’s power utility, a mediation team warned US ...
Council, public advocate sue NYC Mayor Adams over order suspending solitary confinement ban
The City Council and Public Advocate Jumaane Williams filed suit against Mayor Adams early Monday over his emergency order to ...
Council, public advocate sue NYC Mayor Eric Adams over order suspending solitary confinement ban
The City Council and Public Advocate Jumaane Williams filed suit against Mayor Eric Adams early Monday over his emergency ...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse
A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently ...
The Bond Buyer1d
PREPA mediation said to be dead as neither side will compromise
Calling it a "tragedy" for residents, without a negotiated setllement resolution could be years away, mediators said.
El Nuevo Día18h
“A tragedy for Puerto Rico”: this is how mediators described the impasse between the Fiscal Board and PREPA bondholders
In a report to Judge Laura Taylor Swain, the team in charge of promoting an understanding revealed that there is no ...
Former Allianz employee spared prison time over $7 billion funds collapse
A former Allianz fund manager was spared prison time on Friday over his role in a meltdown of private investment funds ...
WDRB6d
Judge finds New York City in contempt over jail conditions, moves closer to a federal takeover
Judge Laura Taylor Swain in Manhattan issued a written ruling on Wednesday, finding the city in contempt over 18 separate contempt claims. The ruling stemmed from litigation that began in 2012 ...