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Debt Restructuring News

Debt Restructuring


Puerto Rico came to Congress last year because it desperately needed some sort of help: after a decade of deficit financing, it is now $72 billion in...
Puerto Rico owes bondholders more than $70 billion, and it's going to court to try to get its debts rescheduled. On Monday, a stay on lawsuits...
He claims the municipalities have subsidized the central Government’s operations, and that the proposed changes exacerbate the economic problems in...
With the end of the federal stay, Puerto Rico's Governor has announced that the territory intends to file for bankruptcy protection. A...
A group of eight people wrote to Judge Swain to request their bonds payment and offer solutions to the fiscal crisis
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
SAN FRANCISCO Puerto Rico's federally appointed financial oversight and management board on Friday filed for Title III bankruptcy protection for...
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
They’ve become activated to defend the Island’s educators in the face of school closures
Law360, New York (July 28, 2017, 6:55 PM EDT) -- The U.S. bankruptcy watchdog Friday asked a Puerto Rican federal court to deny requests to ...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
Puerto Rico's financial oversight board filed a debt restructuring petition in federal court Wednesday, the day after several creditors sued...
Title III for Roads will affect PREPA and Retirement Systems
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
Projections place recurring operational deficits for the institution if it fails to renegotiate its debt