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Debt Restructuring News

Debt Restructuring


Law360, New York (May 30, 2017, 10:06 PM EDT) -- Payments on bonds issued by the Puerto Rico Sales Tax Financing Corp. were frozen on ...
Democrats in Congress and labor unions make calls for an audit and to restructure the public debt of Puerto Rico
It would be an understatement to state that this week has turned out to be highly damaging for the Puerto Rican economy. If bankruptcy protection is...
The Oversight Board and the Government seek to employ the method used in Detroit to renegotiate the debt
The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan
Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion ...
San Juan, Puerto Rico • The leader of debt-swamped Puerto Rico says the U.S. island's development bank has entered into a deal with creditors...
Law360, New York (June 14, 2017, 8:09 PM EDT) -- A team of five sitting federal judges across several jurisdictions was appointed on Wednesday to ...
The Oversight Board filed tittle III of PROMESA in the Island, but it could be heard in a different venue
A federal stay barring Puerto Rico's creditors from taking legal action against the commonwealth and most of its entities for nonpayment of debt...
“Having urgency is crucial,” said Kevyn Orr
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...
(CNN) The perils of progressive policies are on full display in Puerto Rico. On the brink of economic collapse, bankruptcy proceedings began ...
WASHINGTON, June 20, 2017 /PRNewswire-HISPANIC PR WIRE/ -- Today the Ad Hoc Group of Puerto Rico General Obligation Bondholders and its ...
Republicans in Congress maintain a low profile over territorial bankruptcy