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Debt Restructuring News

Debt Restructuring


WASHINGTON - Puerto Rico's Governor is asking Congress to extend protections against debt lawsuits as the island charts a path for economic ...
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...
Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government, according to ...
Law360, New York (July 17, 2017, 7:14 PM EDT) -- The federally appointed board overseeing Puerto Rico's landmark financial crisis on Friday ...
The report notes that the island faces a $1.3 billion debt payment in February, when a temporary debt moratorium imposed this year by the U.S...
Santiago Domenech, a general contractor with $2 million of his savings tied up in bonds Puerto Rico just defaulted on, once had 450 employees.
One has to pity Puerto Rico. With the temporary protection that Congress last year provided the island from its creditors due to expire on May 1,...
With the automatic freeze on litigations provided by PROMESA ending, various bondholder groups will seek to protect their interests by filing suits...
Law360, New York (August 3, 2017, 8:56 PM EDT) -- The federally appointed board overseeing Puerto Rico's historic debt restructuring said...
The Governing Board and the interim president agree that a $450-million cutback is impossible
The gates to the University of Puerto Rico's main Rio Piedras campus. The school has been shut down by protests for two months. Credit Erika P.
NEW YORK Puerto Rico's benchmark general obligation debt price fell to a record low on Tuesday in light trading as the prospect of a drawn-out...
Despite the almost two weeks of talks and mutual offers, the parties can’t reach an agreement
Puerto Rico on Wednesday filed for a form of bankruptcy protection, bumping aside Detroit for the title of the largest municipal insolvency case in U...