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Debt Restructuring News

Debt Restructuring


Puerto Rico essentially filed for bankruptcy this week in order to restructure more than $120 billion in debt and pension obligations. With the...
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...
They claim that the low management capacity goes against their interests
Federal US court proceedings began May 17 in San Juan on Puerto Rico's $123 billion bankruptcy. New York District Court is handling the...
"Trump should use all the tools at his disposal to help American citizens living in Puerto Rico shed the predatory debt that Goldman Sachs and...
The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan...
Puerto Ricans protest looming austerity measures in San Juan on Monday, two days before the island's governor announced it was seeking .....
Sales tax creditors kick off likely wave of lawsuits against Puerto Rico ... The complaint, filed in federal court in San Juan, accuses Puerto Rico...
Law360, New York (August 7, 2017, 7:28 PM EDT) -- Hedge fund Aurelius Capital Management, a significant stakeholder in Puerto Rico's historic .....
Big transformations are anticipated for the Department of Economic Development and Commerce of Puerto Rico and the Department of Family Affairs
A federal stay barring Puerto Rico's creditors from taking legal action against the commonwealth and most of its entities for nonpayment of debt...
“Having urgency is crucial,” said Kevyn Orr
Puerto Rico shares a story similar to Greece's (GREK) in terms of its dismal economic performance and exacerbated debt issues. With its rising...
SAN JUAN, Puerto Rico — Puerto Rico's governor turned to the courts Wednesday to protect the US territory from its crushing $73 billion debt in...
Motivations behind the documents required by a committee of creditors and the Oversight Board