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Debt Restructuring News

Debt Restructuring


Law360, New York (June 8, 2017, 7:46 PM EDT) -- The dispute between COFINA bondholders and Puerto Rico's general obligation bondholders took .....
Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed to generate operating profits over ...
Puerto Rico bondholders rejected Gov. Ricardo Rossello's debt-restructuring proposal days before a Monday deadline to craft a deal or face a .....
Puerto Rico's entry into court protection ends a chaotic period of lawsuits and defaults. But the process likely won't satisfy everyone. A...
FAFAA believes they could reach a better agreement, and that they will negotiate with the other bondholders, with or without mediation
The Commonwealth of Puerto Rico's official committee of retired employees filed with the U.S. Bankruptcy Court a motion for an order (i)...
She designates a committee of federal judges for the purpose of facilitating the renegotiation of public debt
A federal judge in Puerto Rico is holding the first hearing in what's expected to be a lengthy battle over the island's $123 billion debt...
The largest mass shuttering of public schools in Puerto Rico's history follows the island declaring bankruptcy on a record $70 billion debt...
The revision of the RSA raises from five to eight years the moratorium on the payment of the principal
The recent election of a new governor in Puerto Rico, and the formation of a powerful federal financial control board this summer, have resulted in...
The pact would have a “detrimental effect on consumers”
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...
The trading prices of Puerto Rico bonds largely account for the losses investors will take when the island restructures its $70 billion debt, said...