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Debt Restructuring News

Debt Restructuring


The battle to recoup pennies on the dollar of Puerto Rican bonds has been epitomized by Wall Street's most prominent hedge-fund managers...
Ricardo Rosselló Nevares' election as Puerto Rico's next governor is seen as positive for bondholders as the island's debt...
Puerto Rico's financial oversight board on Wednesday filed a form of bankruptcy for the island under Title III of last year's Puerto Rico...
The Commonwealth of Puerto Rico's official committee of retired employees filed with the U.S. Bankruptcy Court a motion for an order (i)...
The tiff shows the long odds of Puerto Rico meeting the stated goal of securing an agreement to restructure its debt by May 1, when the island risks...
Bondholders rejected an offer from Puerto Rico's government and started a series of lawsuits, the first ones after a temporary litigation ...
She designates a committee of federal judges for the purpose of facilitating the renegotiation of public debt
The premises used by the fiscal teams are different and must be clarified to enable a dialogue
Law360, New York (May 9, 2017, 9:38 PM EDT) -- Picked to oversee Puerto Rico's unprecedented $70 billion bankruptcy case, U.S. District Judge .....
Puerto Rico's Governor Ricardo Rossello addresses the audience during a meeting of the Financial Oversight and Management Board for Puerto Rico...
People protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, during...
The pact would have a “detrimental effect on consumers”
Puerto Rico's government reversed its stance on a $30 billion debt dispute while hedge funds escalated the continuing legal fight between...
It is now official: Puerto Rico is broke. Last Wednesday, on May 3, the island territorial government, unable to meet its commitments on more than $...
(Bloomberg) -- Puerto Rico bondholders rejected Governor Ricardo Rossello's debt-restructuring proposal days before a May 1 deadline to craft a...