U.S. District Judge Laura Taylor Swain By THE STAR STAFF U.S. District Judge Laura Taylor Swain has rejected an effort by major Puerto Rico Electric Power Authority (PREPA) bondholders to obtain an administrative expense priority claim valued at no less than $3.7 billion. The ruling, issued in Puerto Rico’s long‑running electric utility bankruptcy, blocks the bondholders from receiving top‑of‑the‑line payment status ahead of other creditors. The bondholder group -- which includes Assured...