Rep. Rob Bishop (R-Utah), chairman of the House Natural Resources Committee, announced a member forum for Wednesday, Oct. 4, at 3 p.m. to discuss potential legislative actions within the committee’s purview to reinforce ongoing rescue and recovery efforts in Puerto Rico and the U.S. Virgin Islands, Caribbean Business reported on Friday.
Puerto Rico in Distress
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The U.S. Trustee Program (USTP) yesterday announced a temporary waiver of the federal statutory requirements for credit counseling and personal financial management education for consumer bankruptcy filers in the District of Puerto Rico and the District of the U.S. Virgin Islands, due to the effects of Hurricanes Irma and Maria, according to a press release. The Bankruptcy Code permits U.S.
After wondering for seven sweltering days who would pay to rebuild their ruined electrical grid, Puerto Ricans got a possible answer from an unexpected source yesterday: investors holding the island power company’s defaulted bonds, the New York Times reported.
Judge Laura Taylor Swain issued an order on yesterday delaying two upcoming hearings that were scheduled for Sept. 27 and Oct. 4, TheStreet.com reported. The first of these was to take place in New York in an adversarial proceeding brought by a bond insurer. The oral arguments that had been scheduled will be moved to Oct. 4 from Sept. 27.