U.S. District Judge Laura Taylor Swain has set a schedule for considering establishing a committee to represent retail holders of Puerto Rico bonds, The Bond Buyer reported. Judge Swain on June 30 approved a motion by a retail bondholder to consider the committee, which would provide legal representation of retail bondholders in the bankruptcy. New York attorney and Puerto Rico bondholder Peter Hein had made earlier motions to establish a retail bondholders committee but Swain had struck them down in April 2019.
