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Debt Restructuring News

Debt Restructuring


Things are not looking all that great for Puerto Rico right now. The region has suffered from major financial turmoil as of late, and it looks like...
Judge Laura Taylor Swain could approve a mechanism for GOs and Cofina bondholders to start solving their disputes
The agreement, with the final approval of all the parties, including the Oversight Board, will provide Puerto Rico with the first tool to gain the...
Attorney Martin Bienenstock made the comments at a court hearing related to Puerto Rico's bankruptcy, at which a creditor of the Highway and .....
Puerto Rico's government warned in a liquidity report made public on Wednesday that it will run out of money in less than three months as the U...
Almost half of the people of Puerto Rico live in poverty while child poverty soars at 60 percent. Because Puerto Rico is an unincorporated territory...
Committee understands that bondholders of this public corporation do not have a secured debt
Puerto Rico's debt situation is constantly changing, with a recent change being the agreement of a new PREPA debt deal. PREPA, or the Puerto...
Rosselló warns he will activate Tittle III of PROMESA if creditors refuse to accept proposals
Law360, New York (June 15, 2017, 3:12 PM EDT) -- The U.S. bankruptcy watchdog on Thursday appointed two committees to represent retirees and ...
The island’s new governor, who’s considered sympathetic to hedge funds and insurers that want it to repay its debt rather than go bankrupt, is in...
But there has been an exodus of families from Puerto Rico in the face of its economic collapse, so little Luis Santaella School has a big problem:...
Puerto Rico's creditors, including some hedge funds known as "vulture funds," are reluctant to settle debts in bankruptcy proceedings...
Puerto Rico Gov. Ricardo Rosselló — pictured here before he was governor on Oct. 29, 2016 — announced bankruptcy proceedings for the country ...
On June 11, the citizens of Puerto Rico passed a non-binding referendum calling for Puerto Rico to be the 51st state of the United States. The vote...