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Debt Restructuring News

Debt Restructuring


Closer to home, though, the board appointed to oversee Puerto Rico's debt restructuring is demanding something even worse: It actually predicted...
Puerto Rico teetered into insolvency Wednesday as the chronically troubled U.S. territory of 3.4 million citizens buckled under its ever-increasing...
Puerto Rico Title III bankruptcy judge Laura Taylor Swain rejected lifting the Puerto Rico Electric Power Authority's debt litigation stay to...
Sánchez Sifonte said that the increase in government cash seeks to face the "dramatic" events that are looming
Besosa suggests a new rule to address voluntary agreements between bondholders and the Government
The board took some control away from local government, which has prompted protests from Puerto Ricans, who say the board - which has been ...
A securities arbitration law firm on Friday filed a claim against UBS Financial Services Inc. of Puerto Rico and UBS Financial Services, Inc. (...
Puerto Rico's entry into court protection ends a chaotic period of lawsuits and defaults. But the process likely won't satisfy everyone. A...
(Bloomberg) -- Hedge funds first starting buying Puerto Rico debt in the summer of 2013 because they liked what they saw: A government that was ...
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...
They will appeal Judge Besosa’s verdict, which allows the lawsuit of certain constitutional bondholders to be settled
The largest mass shuttering of public schools in Puerto Rico's history follows the island declaring bankruptcy on a record $70 billion debt.
A group of hedge funds that owns $3.3 billion of Puerto Rico bonds disclosed in court documents the amount that each of them holds. The disclosure ...
Puerto Rico's federal overseers took a first step Friday toward considering the use of bankruptcy-like proceedings to allow the island to escape...
Members of the Greater Hartford Puerto Rican community voice their concerns about the island's debt crisis to U.S. Sen. Richard Blumenthal.