The oversight board filed the COFINA plan of adjustment and disclosure statement as part of the COFINA Title III case on October 19. The oversight board also filed a motion in the Commonwealth Title III case to approve the settlement of the commonwealth-COFINA dispute under bankruptcy Rule 9019. As described in publicly available documents, the commonwealth-COFINA settlement would entitle COFINA to a portion of the pledged sales tax base amount on a first-dollar basis. The COFINA restructuring further provides for the COFINA portion of the sales tax revenues to be held in segregated accounts, includes a non-impairment covenant as well as other strong protections.