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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...
The Fiscal Plan contemplates a total of only $370 million to reform the government
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 ...
They claim to increase the electricity rates to cover operations and debt, as stated in the bond contract
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 is crumbling under a recession and $70 billion in debt, some of which the Commonwealth defaulted on last year. While this may seem like...
Puerto Rico's federal oversight board is seeking bankruptcy protection for the island's highway authority and public pension. The board...
Puerto Rico debt — Puerto Rico's business owners, retirees and public servants are caught in the middle of the largest local government...
He guaranteed that his formula meets the requirements of the Oversight Board and will reform taxes without affecting public services
Judge Laura Taylor Swain could approve a mechanism for GOs and Cofina bondholders to start solving their disputes
WASHINGTON - Within weeks, Puerto Rico will likely enter bankruptcy proceedings tailored by Congress specifically for the US territory. The island...
Law360, New York (June 5, 2017, 9:58 PM EDT) -- Holders of $65 million in bonds issued by Puerto Rico's Highways and Transportation Authority ...
Puerto Rico Governor Ricardo Rosselló talks about the dire economic situation on the island. Last week it sought a special form of protection from ...
Activists are calling for the resignation of two members of Puerto Rico’s fiscal control board over the roles they previously played in boosting bank...
The expert sees possible violations of federal law