caribbeanbusiness.com/...s-to-hear-cofina-restructuring-deal/
During the morning, the parties discussed the so-called “9019 settlement,” consisting of the split of the 5.5% portion of the sales and use tax between the commonwealth and Cofina. No one opposed a statement filed by the executive director of Puerto Rico’s Financial Oversight and Management Board, Natalie Jaresko, in support of the split. Jaresko said ending the Cofina dispute would help avoid long and costly litigation in which the commonwealth would probably lose.
Es gab vorher schon richterlicher Genehmigungen für das Verfahren:
,,The fiscal board appointed two agents, Bettina Whyte and Luc Despins, representing the Unsecured Creditors Committee, to negotiate a settlement to the Cofina-Commonwealth dispute and the split of the sales and use tax. The settlement involving the new Cofina securities was conducted by several judges"