This chapter examines Judge Laura Taylor Swain's recent decision to deny Puerto Rico's government a motion to dismiss the Primiza Oversight Board's lawsuit. It highlights the legal conflicts surrounding reprogramming of funds and discusses the implications of Governor Vasquez's new appointments for stabilizing governance amid these challenges.
The Reorg Americas team takes a look back at the past week and previews what's to come in the week ahead, and our financial and covenant analysts look at allowed addbacks to EBITDA.
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