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Debt Restructuring News

Debt Restructuring


Which class of creditor is entitled to sales tax revenue is a disagreement that should not be possible. The only explanation is laws were broken by...
(Adds background on PREPA debt talks) By Nick BrownNEW YORK, March 29 (Reuters) - Creditors of Puerto Rico's struggling power authority, ...
The chairman of the U.S. congressional committee that oversees Puerto Rico on Thursday said the bankrupt island's federal oversight board was ...
Judge Laura Taylor Swain will preside over the government’s debt restructuring cases
With Puerto Rico on the brink of entering an unprecedented bankruptcy, Wall Street firms with billions of dollars on the line are losing hope of...
The Swiss firm, which has faced more than 75% of the claims related to Puerto Rico municipal bonds, has paid at least $205.6 million in settlements...
At this year's Allied Media Conference in Detroit, Michigan, residents of the city and those of Puerto Rico gathered to compare notes on how...
WASHINGTON - Puerto Rico's Governor is asking Congress to extend protections against debt lawsuits as the island charts a path for economic ...
According to the New York Times (link is external), on Wednesday, Puerto Rico's local government made a move that was months in the making -...
SAN JUAN, Puerto Rico — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an ...
Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government, according to ...
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
Judge Barbara J. Houser helds first meeting with creditors
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
OLDWICK, N.J.--(Business Wire)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed ...