Skip to content
Insolvency Advisory Accountants
Insolvency Services & Bankruptcy Advice
Insolvency Advisory Accountants
Document Upload
Facebook page opens in new windowInstagram page opens in new windowTwitter page opens in new window
  • Home
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
  • Our Process
  • Resources
  • FAQ
  • More ↓
    • About Us
    • Instructional Videos
    • Tools
    • Media
    • News
  • Contact
1300 844 350
  • Home
  • Forensic Services
    • Forensic Accounting
    • Business Valuations
  • Our Process
  • Resources
  • FAQ
  • More ↓
    • About Us
    • Instructional Videos
    • Tools
    • Media
    • News
  • Contact

Puerto Rico moves to cancel Whitefish power contract after uproar – Yahoo7 News

By Ginger Gibson and David Gaffen

Puerto Rico governor calls for cancellation of Whitefish contract

Puerto Rico governor calls for cancellation of Whitefish contract

WASHINGTON/NEW YORK (Reuters) – Puerto Rico’s government power company said on Sunday it will cancel a $300 million contract with a tiny Montana company to restore power to the storm-hit U.S. territory after an uproar over the deal.

The contract between Whitefish Energy Holdings and Puerto Ricos bankrupt power utility came under fire after it was revealed last week that the terms were obtained without a competitive public bidding process. Residents, local officials and U.S. federal authorities all criticized the arrangement.

The cancellation could further complicate …

Read the full article at: https://au.news.yahoo.com/a/37660885/puerto-rico-governor-calls-for-cancellation-of-whitefish-contract/

Category: BankruptcyBy Insolvency Advisory AccountantsOctober 30, 2017

Post navigation

PreviousPrevious post:Grocers brace for verdict on Tesco’s £3.7bn cash and carry takeover – Telegraph.co.ukNextNext post:Andhra Bank drags HDIL before NCLT – Economic Times

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024

Puerto Rico moves to cancel Whitefish power contract after uproar – Yahoo7 News

By Ginger Gibson and David Gaffen

WASHINGTON/NEW YORK (Reuters) – Puerto Rico’s government power company said on Sunday it will cancel a $300 million contract with a tiny Montana company to restore power to the storm-hit U.S. territory after an uproar over the deal.

The contract between Whitefish Energy Holdings and Puerto Rico’s bankrupt power utility came under fire after it was revealed last week that the terms were obtained without a competitive public bidding process. Residents, local officials and U.S. federal authorities all criticized the arrangement.

The cancellation could further complicate Puerto Rico’s most pressing challenge from the territory’s worst storm in 80 years – restoring power to its 3….

Read the full article at: https://au.news.yahoo.com/a/37665393/puerto-rico-moves-to-cancel-whitefish-power-contract-after-uproar/

Category: BankruptcyBy Insolvency Advisory AccountantsOctober 29, 2017

Post navigation

PreviousPrevious post:Thief planned to sell cosmetics to pay gambling debt – Herald.ieNextNext post:Grocers brace for verdict on Tesco’s £3.7bn cash and carry takeover – Telegraph.co.uk

Related Posts

Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
July 17, 2024
Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Insolvency Advisory Accountants
Visit Home Page
© Insolvency Advisory Accountants. All Rights Reserved.

1300 844 350
  Disclaimer

Go to Top
Call Now Button