Tag Archives: clawback

Gov Garcia Padilla Signs Executive Order Authorizing Clawbacks

Puerto Rico’s governor Alejandro García Padilla has issued an executive order that specifies the sources for clawback of debt service funds that he says will pay for operating expenses of the government and to continue to provide critical services to the citizens of Puerto Rico Executive Order number 46-2015 is dated November 30, 2015, but was released on December 1st following the …

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