Tag Archives: financial control board

Roundup Podcast: Update on PROMESA legal challenges; Discussion of Control Board’s Second Meeting

On .@prnewsroundup .@muddlaw and @gillamhall discuss 2nd control board meeting & legal challenges to PROMESA #muniland

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ROUNDUP: Gustavo Velez & Gil Hall Discuss Recent News & Events in Puerto Rico

by Gil Hall, gil@prnewsroundup.com Posted: 20160405 17012 Please note: this week’s roundup show was recorded on Saturday, the 3rd of April 2016, prior to Senate Bill 1591’s being introduced on 4th of April.  In this week’s round-up show, Gustavo Velez and Gil Hall discuss and analyze events from Puerto Rico. Topics include: Government Development Bank recent extraordinary measures taken by the Puerto …

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Deborah Kobes: “Out of Control? Local Democracy Failure and Fiscal Control Boards”

Puerto Rico is facing enormous fiscal and political challenges. The Commonwealth has almost $70 billion in debts and has been unable to work effectively with its creditors. The U.S. Congress appears to be ready to impose a control board on Puerto Rico to assist with fiscal and debt restructuring challenges. What shape and powers this board would have is being …

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