US judge to join two bond insurer lawsuits against Puerto Rico - Reuters UK
Reuters UK | US judge to join two bond insurer lawsuits against Puerto Rico Reuters UK CHICAGO A second lawsuit over Puerto Rico's debt default will be joined with a similar suit in order to save time and money and avoid inconsistent rulings, a U.S. federal judge said on Thursday. Financial Guaranty Insurance Company, or FGIC, sued ... Puerto Rico Sued by Third Bond Insurer to Halt Revenue RaidBloomberg FGIC Sues Puerto RicoBond Buyer New bond insurer files lawsuit against Puerto Rico govtDaily Mail all 8 news articles » |
Puerto Rico's Updated Fiscal Plan Supports Federal Financial Control Board - Seeking Alpha
Puerto Rico's Updated Fiscal Plan Supports Federal Financial Control Board Seeking Alpha On January 18, 2016 the Working Group for the Economic and Fiscal Recovery of Puerto Rico (Working Group) released an updated version of its Fiscal and Economic Growth Plan (FEGP) to demonstrate that things are worse then the Working Group ... |
New bond insurer files lawsuit against Puerto Rico govt
SAN JUAN, Puerto Rico (AP) -- Another bond insurer has filed a lawsuit against Puerto Rican government officials over how they diverted tax revenues to meet certain bond payments amid an economic crisis. The lawsuit filed by Financial Guaranty Insurance ...
U.S. judge to join two bond insurer lawsuits against Puerto Rico
Financial Guaranty Insurance Company, or FGIC, sued Puerto Rico on Tuesday for diverting $164 million in revenue streams meant to pay the island's debt. The lawsuit mirrored one brought earlier this month by two other bond insurers, Assured Guaranty and ...
Bankruptcy for Puerto Rico Will Reward Big Government Spending
At some point, politicians discovered they could spend taxpayer money to buy votes, and spending has been out of control ever since. This has been true under governments run by both Democrats and Republicans, including on the island-based Commonwealth of ...
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