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Debt Restructuring News

Debt Restructuring


Law360, New York (June 14, 2017, 8:09 PM EDT) -- A team of five sitting federal judges across several jurisdictions was appointed on Wednesday to ...
Toa Baja, a mid-sized city in Puerto Rico, shut down last Monday after failing to pay municipal employees for several weeks. All public services have...
It is now official: Puerto Rico is broke. Last Wednesday, on May 3, the island territorial government, unable to meet its commitments on more than $...
When some of Wall Street's savviest hedge funds piled into Puerto Rico's debt in 2014, it seemed like an easy bet: Buy up the island's...
The bondholders, a group that includes mutual-fund giants and hedge funds, has offered to lend Puerto Rico $1 billion to pay for urgent repairs and...
WASHINGTON, June 20, 2017 /PRNewswire-HISPANIC PR WIRE/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its ...
Puerto Rico plans to begin restructuring talks with its multitude of creditors “immediately” after its turnround plan was on Monday approved by the...
Puerto Rico reached a restructuring agreement with bondholders invested in the commonwealth's Government Development Bank, officials .....
When Puerto Rico filed for court protection from creditors—the commonwealth's own bankruptcy-like process created as part of the financial-...
Puerto Rico hired President Donald Trump's former campaign manager, Corey Lewandowski, to work his influence in Washington. But by Thursday .....
There are even people convicted of government corruption
A month away from the end of the moratorium, the GOP wants to emphasize on its restructuring process
It is suggested that the PRHTA, AFI and the Convention District will seek the protection of the court
Puerto Rico's Governor Ricardo Rosselló officially requested a form of bankruptcy protection late Tuesday, triggering what is likely to be by...
"Puerto Rico's debt restructuring agency, AAFAF, regrettably has broken the Commonwealth's decade-old promise not to impair its first...