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prima:Swain grants one more week to file PREPA’s Plan of Adjustment

The federal district judge approved the request by the mediation team hoping that the Oversight Board and bondholders will reach a final agreement

December 2, 2022 - 2:52 PM

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This content was published more than 2 years ago.
En la foto la sede de la Autoridad de Energía Eléctrica, en Santurce. (GFR Media)
This Thursday was the deadline that the judge addressing Puerto Rico’s bankruptcy process gave the Oversight Board to restructure some $12 billion in PREPA obligations.

U.S. District Judge Laura Taylor Swain granted Thursday the Mediation Team’s request to postpone the filing of the Puerto Rico Electric Power Authority’s Plan of Adjustment (PREPA-POA) for one week.

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