Collector
Judge keeps PREPA court freeze in place, says key accounting fight must finish first. | Collector
Judge keeps PREPA court freeze in place, says key accounting fight must finish first.
San Juan Daily Star

Judge keeps PREPA court freeze in place, says key accounting fight must finish first.

U.S. District Judge Laura Taylor Swain By THE STAR STAFF U.S. District Judge Laura Taylor Swain ruled Wednesday that Puerto Rico Electric Power Authority (PREPA) bondholders will have to keep waiting before they can push ahead with their lawsuits. The judge said the court will not lift the long‑running freeze on litigation until it finishes a major accounting case that will determine how much money PREPA actually had -- and has -- available to pay bondholders. The ruling came after a two‑hour...

Go to News Site