Judge Taylor Swain Rejects Aee Bondholders' Claim
3 Articles
3 Articles
The executive director of the Fiscal Control Board, Robert Mujica, reported that federal judge Laura Taylor Swain denied a motion filed by certain bondholders of the Puerto Rico Electric Power Authority (PREPA) seeking priority for administrative expenses…
SAN JUAN – The Chief Executive Officer of the Fiscal Board, Robert Mujica, reported that federal judge Laura Taylor Swain filed a motion filed by certain Puerto Rico Electric Energy Authority (AEE) bondholders seeking to claim priority for administrative expenses of at least $3.7 billion in the restructuring of the Electricity Energy Authority’s (EEA) debt under Title III of PROMESA. “The judge of the U.S. District Court.
The Chief Executive Officer of the Fiscal Board, Robert Mujica, reported that federal judge Laura Taylor Swain, denied a motion filed by certain Puerto Rico Electric Energy Authority (AEE) bondholders seeking to claim priority for administrative expenses of at least $3.7 billion in the restructuring of the ESA’s debt under Title III of PROMESA. “The judge of the U.S. District Court.
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