Luis Valentin Ortiz

Delay sought for hearing on Puerto Rico electric utility debt restructuring

Jan 29 2020

SAN JUAN, Jan 29 An agreement to restructure more than $8 billion of bonds issued by Puerto Rico's bankrupt electric utility needs more time to obtain approval from the U.S. commonwealth's legislative body, a lawyer for the island's federally created financial oversight board said on Wednesday.

Power back on, but thousands still homeless, in quake-hit Puerto Rico

Jan 13 2020

SAN JUAN, Puerto Rico Puerto Rico's public power utility said on Monday it has restored electricity to almost all the island, nearly a week after the strongest earthquake in more than a century knocked out all power and caused at least $110 million in damage.

Puerto Ricans sleep outside, wait for power after 'devastating' quake

Jan 08 2020

SAN JUAN, Puerto Rico, Jan 8 Many Puerto Ricans woke up on Wednesday to a second day without electricity after the island's worst earthquake in over a century knocked out its biggest power plant, collapsed homes and killed at least one person.

'Everyone's scared': Puerto Rico declares emergency after earthquakes

Jan 08 2020

SAN JUAN, Puerto Rico Puerto Rico Governor Wanda Vazquez declared a state of emergency on Tuesday after a series of earthquakes killed at least one person, toppled buildings and knocked out power to nearly the entire island of more than 3 million people. | Video

Puerto Rico governor says she will seek same office in 2020

Dec 16 2019

SAN JUAN Puerto Rico Governor Wanda Vazquez, who had said she was reluctant to take power after her predecessor resigned in disgrace this past summer, on Monday declared her candidacy for the same office in next year's elections.

Road map for Puerto Rico's exit from bankruptcy filed in U.S. court

Sep 27 2019

SAN JUAN Puerto Rico would reduce a major portion of its debt by more than 60% under a long-awaited restructuring proposal the bankrupt U.S. commonwealth's federally created financial oversight board filed in court on Friday.

Major plan for Puerto Rico debt coming this month: attorney

Sep 11 2019

SAN JUAN A long-awaited plan to restructure Puerto Rico's core government debt will finally be filed in court later this month, an attorney for the bankrupt U.S. commonwealth's federally created financial oversight board told a federal judge on Wednesday.

Puerto Rico gets another governor after supreme court clears the way

Aug 07 2019

SAN JUAN Puerto Rico got its third governor in less than a week on Wednesday just hours after the bankrupt U.S. territory's supreme court ruled that Pedro Pierluisi's assumption of the office was unconstitutional and ordered him to leave. | Video

Top Puerto Rico officials resign in group chat scandal that ensnares governor

Jul 14 2019

(This story has been corrected to fix a typo in final paragraph.)

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