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Debt Restructuring News

Debt Restructuring


Creditors claim for $ 102.6 million in federal court
June 14 The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy.
The Trump administration and Congress should act swiftly to prevent a federal oversight board from turning Puerto Rico into the next Argentina.
SAN JUAN, Puerto Rico (AP) — The Puerto Rico government is offering to pay its senior creditors around 50 cents on the dollar as part of efforts to...
The municipal insurers seek to annul the fiscal plan and halt the bankruptcy process
Creditors and insurers leave their disputes aside to claim that the Board and the Government are acting against PROMESA
The reasons for Puerto Rico's financial insolvency are complicated, but essentially the local government defaulted on $72 billion in bonds...
Los ingresos de Puerto Rico han subido, impulsados por una sólida ... junto con una presentación más detallada titulada "Puerto Rico: separando...
The endgame for Puerto Rico's debilitating fiscal crisis has begun. Unable to manage a $74 billion debt that has accompanied a decade of...
A bit of background: A compromise between Congress and the Obama administration early last summer allowed Puerto Rico to avoid a very likely ...
Bondholders were still waiting Monday afternoon to learn whether the Puerto Rico Oversight Board would be filing for a Title III bankruptcy process...
The Fiscal Plan’s proposals could divest some government entities of their main functions
Swain chairs the first "omnibus" hearing in the case of the Island
The government failed to include previsions in the fiscal plan in the event courts rule on higher payments for creditors
Natalie Jaresko will advocate for Puerto Rico in the federal capital while she believes that the government and the main creditors may reach an...