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Debt Restructuring News

Debt Restructuring


Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
Members of the Greater Hartford Puerto Rican community voice their concerns about the island's debt crisis to U.S. Sen. Richard Blumenthal...
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor has announced a historic restructuring of a portion of the US territory's $70B debt...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
Judge Barbara J. Houser helds first meeting with creditors
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
Santiago Domenech, a general contractor with $2 million of his savings tied up in bonds Puerto Rico just defaulted on, once had 450 employees.
The new Puerto Rican government representative before the Board, Christian Sobrino, takes office with a way paved by the certification of the fiscal...
With the automatic freeze on litigations provided by PROMESA ending, various bondholder groups will seek to protect their interests by filing suits...
The federal entity warns that a general restructuring of the obligations is only achievable in court
Puerto Rico's bankruptcy process has spread to the territory's pension system and highway authority, bringing the amount involved to over $...
(Bloomberg) -- Puerto Rico's record-setting restructuring may leave bondholders with larger-than-expected losses, according to according Pacific...
The Oversight Board officially opens the path for submitting restructuring cases
PREPA in holding patternJudge Laura Taylor Swain leaves the request of several bondholders in order to appoint a trustee and increase rates unsaid
After a day of sometimes violent demonstrations in San Juan protesting austerity measures and government handling of the debt crisis, Puerto Rico ...