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Debt Restructuring News

Debt Restructuring


Motivations behind the documents required by a committee of creditors and the Oversight Board
He claims the municipalities have subsidized the central Government’s operations, and that the proposed changes exacerbate the economic problems in...
Stockton bankruptcy judge among five tapped to mediate Puerto Rico debt ... Puerto Rico, the U.S. territory with $70 billion of debt and a 45 percent...
DALLAS, May 11, 2017 /PRNewswire/ -- The Puerto Rico International Insurers Association (PRIIA) issued the following statement in response to the ...
A territorial bankruptcy process under Tittle III of Promesa protects only government essential services
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
Long before Hurricane Maria left millions on the island without power or water, Puerto Rico was battling a financial crisis years in the making...
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
A trustee of the United States designates committees to renegotiate debt
On Saturday May 13, students from the Río Piedras Campus of the University of Puerto Rico (UPR) marched in San Juan to denounce the ...
It seeks to halt suits and engage in negotiations with bondholders through Tittle III of PROMESA
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
The leaders of the private sector and former representatives of consumers in the PREPA Governing Board concur over that matter
Puerto Rico's creditors told a judge Wednesday they intend to continue talks with the government in an effort to resolve the island's $70...