Prepa Bankruptcy Back On Track After Court Ruling
Yahoo Financeยท2025-10-23 18:36
Core Viewpoint - The bankruptcy process of Puerto Rico's power utility is advancing, influenced by the Trump administration's actions to dismiss most members of the oversight board responsible for managing the utility's debt restructuring [1] Group 1 - The Trump administration's attempt to fire all but one member of the oversight board is a significant development in the bankruptcy proceedings of Puerto Rico's power utility [1] - The oversight board plays a crucial role in the utility's debt workout, and changes in its composition may impact the restructuring process [1]