- Swain ruled Monday that a $115 million annual fee, to be paid in monthly installments, is an administrative expense. That gives it a higher priority for repayment
- The $115 million is a charge that Puerto Rico’s
Electric Power Authoritywill pay during an interim period, which is set to begin on June 1 when Luma takes over management and ends when the utility’s debt-restructuring plan...
May 4, 2021, 1:40 PM