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Debt Restructuring News

Debt Restructuring


In the largest bankruptcy of a U.S. state or territory, Puerto Rico Gov. Ricardo Rossello requested court protection for his U.S. commonwealth to...
In a move that could dwarf the massive municipal bankruptcy of Detroit in 2013, the government of Puerto Rico indicated Wednesday that it would ...
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 ...
Puerto Rico plans to begin restructuring talks with its multitude of creditors “immediately” after its turnround plan was on Monday approved by the...
Claude LeBlanc, CEO, said, "While our results this quarter were heavily influenced by an increase in reserves related to Puerto Rico, we...
Title III for Roads will affect PREPA and Retirement Systems
Puerto Rico has asked for a form of bankruptcy protection to help it grapple with more than $70 billion in public-sector debt. The unprecedented ...
Puerto Rico hired President Donald Trump's former campaign manager, Corey Lewandowski, to work his influence in Washington. But by Thursday ...
Projections place recurring operational deficits for the institution if it fails to renegotiate its debt
A month away from the end of the moratorium, the GOP wants to emphasize on its restructuring process
It’s asking for an audit that leads to the prosecution of those who indebted Puerto Rico
Puerto Rico fiscal officials delayed acceptance of measures in the island electric authority's $9 billion debt deal, spurring speculation that...
Bond insurers Assured Guaranty, Assured Guaranty Municipal and National Public Finance Guarantee filed a challenge to Puerto Rico's certified...
"Puerto Rico's debt restructuring agency, AAFAF, regrettably has broken the Commonwealth's decade-old promise not to impair its first...
Law360, New York (September 14, 2017, 5:22 PM EDT) -- The oversight powers of the federally appointed board guiding Puerto Rico's historic ...