Since the company took over operations on the island one year ago, rate increases and blackouts have been constant.
Puerto Rico's governor approved the legislation that increases private sector worker benefits and time off, but the financial oversight board says it would hurt the island’s economy.
The former governor's campaign team allegedly accepted financing from a foreigner, which is prohibited by federal law.
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The lawsuit plans to represent all business and residential customers of the company, which blames its inefficient service on the poor state of the island's power grid.
While these short-term rental properties represent an opportunity for economic development for locals and foreigners, other issues such as gentrification and unfair competition require their regulation.
Justice Sonia Sotomayor was the lone dissenter of the proposal that also had the support of Biden's administration.