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Debt Restructuring News

Debt Restructuring


One of the fundamental pillars of the island’s economic recovery is a stable and reliable electrical system
Bondholders rejected an offer from Puerto Rico's government and started a series of lawsuits, the first ones after a temporary litigation ...
A federal control board overseeing Puerto Rico's finances amid a dire economic crisis announced Thursday that it appointed Ukraine's former...
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 .....
The Coalition asks that the Board, the Legislature and the Governor have a meeting in order to standardize the solutions for the fiscal problems in...
People protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, during...
Puerto Rico is set to file the largest public sector bankruptcy in history after vulture capitalist hedge funds that bought big pieces of the island...
The Fiscal Plan contemplates a total of only $370 million to reform the government
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 $...
MAYAGUEZ, Puerto Rico — The economic crisis afflicting Puerto Rico for the last decade has also taken a toll on the island's only zoo, with...
When some of Wall Street's savviest hedge funds piled into Puerto Rico's debt in 2014, it seemed like an easy bet: Buy up the island's...
Puerto Rico is crumbling under a recession and $70 billion in debt, some of which the Commonwealth defaulted on last year. While this may seem like...
He guaranteed that his formula meets the requirements of the Oversight Board and will reform taxes without affecting public services
Puerto Rico reached a restructuring agreement with bondholders invested in the commonwealth's Government Development Bank, officials .....
The Board, for its part, presents a stipulation to resolve the GO-Cofina controversy