Prepa Bankruptcy Back On Track After Court Ruling

BloombergThursday, October 23, 2025 at 6:34:51 PM
Prepa Bankruptcy Back On Track After Court Ruling
The bankruptcy proceedings for Puerto Rico's power utility are gaining momentum again after a recent court ruling, which comes in the wake of the Trump administration's controversial attempt to dismiss most members of the oversight board responsible for managing the utility's debt. This development is significant as it could lead to a more effective restructuring of the utility's finances, ultimately benefiting the residents of Puerto Rico who rely on stable power services.
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