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Debt Restructuring News

Debt Restructuring


FAFAA seeks to extend PREPA’s restructuring support agreement
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 ...
Southern District Judge Laura Taylor Swain has been selected to preside over Puerto Rico's bankruptcy-protection filing, which may lead to the...
The Commonwealth of Puerto Rico is seeking the largest municipal bankruptcy filing in US history, after failed negotiations with creditors over its $...
The public utility’s RSA were extended to April 13, and the government estimates savings of $2.2 billion due to new terms
The fiscal plan introduced by Governor Ricardo Rosselló is based on a series of projections that provide more questions than answers
There are even people convicted of government corruption
Swain filed a “notice of transfer of docket” in the cases on Thursday and announced new bankruptcy case numbers for each of the existing district...
A territorial bankruptcy process under Tittle III of Promesa protects only government essential services
WASHINGTON - Within weeks, Puerto Rico will likely enter bankruptcy proceedings tailored by Congress specifically for the US territory. The island...
Activists are calling for the resignation of two members of Puerto Rico’s fiscal control board over the roles they previously played in boosting bank...
They claim that the low management capacity goes against their interests
On Saturday May 13, students from the Río Piedras Campus of the University of Puerto Rico (UPR) marched in San Juan to denounce the ...
Federal US court proceedings began May 17 in San Juan on Puerto Rico's $123 billion bankruptcy. New York District Court is handling the...