Puerto Rico Insurance Commissioner: Title III Court Confirmed Debt Adjustment Plan

Mealey's (March 18, 2022, 10:13 AM EDT) -- BOSTON — In a Feb. 14 status report, the Puerto Rico insurance commissioner and auxiliary rehabilitator informed the First Circuit U.S. Court of Appeals that an order and judgment confirming a modified joint plan of adjustment of its debts has been issued in proceedings filed by the commonwealth of Puerto Rico under Title III of the Puerto Rico Oversight, Management and Economic Stability Act (PROMESA)....