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Debt Restructuring News

Debt Restructuring


A man dressed as Spider-Man walks past a burning barricade in San Juan, Puerto Rico, May 1, to protest the government's austerity measures in...
Puerto Rico came to Congress last year because it desperately needed some sort of help: after a decade of deficit financing, it is now $72 billion in...
In May, the Governor of Puerto Rico, Ricardo Rosello, filed for a protection 'similar' to bankruptcy hoping to restructure the territory...
He claims the municipalities have subsidized the central Government’s operations, and that the proposed changes exacerbate the economic problems in...
Puerto Rico teetered into insolvency Wednesday as the chronically troubled US territory of 3.4 million citizens buckled under its ever-increasing...
May 1 Frustrated with the Puerto Rican government, hedge funds and the Control Board tasked with sorting out the island's debt crisis, some...
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
Law360, New York (July 17, 2017, 7:14 PM EDT) -- The federally appointed board overseeing Puerto Rico's landmark financial crisis on Friday ...
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
Southern District Judge Laura Taylor Swain has been selected to preside over Puerto Rico's bankruptcy-protection filing, which may lead to the...
The Commonwealth of Puerto Rico is seeking the largest municipal bankruptcy filing in US history, after failed negotiations with creditors over its $...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
Law360, New York (August 3, 2017, 8:56 PM EDT) -- The federally appointed board overseeing Puerto Rico's historic debt restructuring said...
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
Swain filed a “notice of transfer of docket” in the cases on Thursday and announced new bankruptcy case numbers for each of the existing district...