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Debt Restructuring


They claim that neither PREPA nor FAFAA have submitted any amendments to the preliminary agreement
Puerto Ricans in early 2016 were suffering power outages at rates four to five times higher than average U.S. customers, said the report from the ...
A man dressed as Spider-Man walks past a burning barricade in San Juan, Puerto Rico, May 1, to protest the government's austerity measures in...
Member of the Congress who promoted the approval of PROMESA strikes against the Board
Puerto Rico is set to file the largest public sector bankruptcy in history after vulture capitalist hedge funds that bought big pieces of the island...
The Fiscal Plan contemplates a total of only $370 million to reform the government
Puerto Rico teetered into insolvency Wednesday as the chronically troubled US territory of 3.4 million citizens buckled under its ever-increasing...
The entity will not go to Court yet, since it is negotiating with several creditors
May 1 Frustrated with the Puerto Rican government, hedge funds and the Control Board tasked with sorting out the island's debt crisis, some...
Puerto Rico is crumbling under a recession and $70 billion in debt, some of which the Commonwealth defaulted on last year. While this may seem like...
Southern District Judge Laura Taylor Swain has been selected to preside over Puerto Rico's bankruptcy-protection filing, which may lead to the...
He guaranteed that his formula meets the requirements of the Oversight Board and will reform taxes without affecting public services
Hedge funds holding Puerto Rico bonds sued the U.S. government, the first time creditors have tried to put federal taxpayers on the hook for losses...
The Commonwealth of Puerto Rico is seeking the largest municipal bankruptcy filing in US history, after failed negotiations with creditors over its $...
Law360, New York (May 22, 2017, 6:51 PM EDT) -- The number of entities engaged in Puerto Rico's restructuring doubled over the weekend to four...