GoldenTree, Assured, National, Prepa Ad Hoc Bondholders & trustee respond to Prepa mediation team report & state: 
1) OBoard wants to attempt to litigate their non-consensual plan of adjustment that preferences unsecured creditors over secured bonds. Waste of time.
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2) The litigation stay deprives bondholders of the legal remedies that the trust agreement gives them (and the 1st Circuit affirmed) & the OBoard is unwilling to provide adequate protection
3) Bondholder collateral has been continously diminished & this is likely a taking under Promesa & 5th amendment
4) First Circuit stated that bondholders are entitled to an "accounting" for net revenues that the OBoard diverted from debt service payments (pgs 66/67 below  11/13/24 opinion)
5) Congress stated in Promesa that the stay on litigation should be only used for a short period & several circuits have opined that long stays are appealable (Conservation Law Foundation v. ExxonMobil Corp., No. 20-1456 (1st Cir. 2021))
Prepa bondholder motion:First Circuit Nov, 2024 Prepa lien opinion
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