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Debt Restructuring News

Debt Restructuring


PROMESA Law's Title III and IV are not discarded, and options will dwindle in the event that the stay against litigations expires
Puerto Rico Oversight Board members (l to r) Carlos García, Arthur González, and José González at Monday's meeting.
Law360, New York (July 18, 2017, 8:50 PM EDT) -- A group of Puerto Rico Electric Power Authority bondholders Tuesday told a bankruptcy court that ...
WASHINGTON – Two legislators are urging Puerto Rico's oversight board to focus more on economic growth than austerity and to freeze debt service...
Puerto Rico has filed for bankruptcy. It's the largest municipal bankruptcy in United States history. Advertisement. WEBVTT THE CAMPUS WAS ...
Puerto Rico, for those who may not know, is currently in debt. And where there is debt, there are typically lawsuits. Puerto Rico currently has a...
Puerto Rico's so-called COFINA bondholders allege that around $3.5 billion of the island's general obligation (G.O.) debt is invalid...
Arriving in Puerto Rico, sounds of the famous “Nuyorican” salsa musician Willie Colon's music blasted through the airport speakers in stores and...
The losses for Puerto Rico's bondholders are coming into view. It is a brutal accounting. The total red ink for mutual funds that invested in...
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 ...
Puerto Rico is now the largest bankruptcy in the history of the U.S. municipal debt market. Yet the event is barely mentioned in the news of the day.
The late filing of Promesa’s Title III opened the door for the most contentious investors to challenge Puerto Rico in the New York courts
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...
Creditors and insurers leave their disputes aside to claim that the Board and the Government are acting against PROMESA
Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion ...