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Debt Restructuring News

Debt Restructuring


The bankruptcy process will cover about half of Puerto Rico's debt, though other local public agencies are restructuring out of court, and some...
A 100-year-old law enshrining tax-free bonds in Puerto Rico established the island as a haven for American investors. Credit Dennis M. Rivera ...
Aware of this activity, the senator moved forward to vote for the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) ...
Law360, New York (July 13, 2017, 6:31 PM EDT) -- The Federal Deposit Insurance Corp. and the directors of a failed Puerto Rico bank it is suing over...
The Governor will introduce his proposal tomorrow at the House of Representatives, as part of his speech on the Island’s situation
Law360, Los Angeles (May 19, 2017, 8:44 PM EDT) -- The U.S. Trustee on Friday told the federal judge overseeing Puerto Rico's unprecedented ...
Puerto Rico debt — Puerto Rico's business owners, retirees and public servants are caught in the middle of the largest local government...
Nobel economy laureate warns that the fiscal proposal will worsen the crisis
(Reuters) - U.S. mutual funds that held onto Puerto Rican debt as its economy crept toward collapse could get drawn into battles that pit their own...
Toa Baja, a mid-sized city in Puerto Rico, shut down last Monday after failing to pay municipal employees for several weeks. All public services have...
On May 3, Puerto Rico declared a type of special type of debt restructuring in a move to keep the multitude of lawsuits filed against it by its...
Puerto Rico Governor Ricardo Rosselló talks about the dire economic situation on the island. Last week it sought a special form of protection from ...
The expert sees possible violations of federal law
Court does not allow UPR retirees to have a representative either
Puerto Rico plans to begin restructuring talks with its multitude of creditors “immediately” after its turnround plan was on Monday approved by the...