Home » Events News » Puerto Rico News » Debt Restructuring » Debt Restructuring News

Debt Restructuring News

Debt Restructuring


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...
Mark Brodsky's distressed debt hedge fund Aurelius Capital Management alleged in a court filing on Monday that an element of Puerto Rico's...
The governor doesn’t rule out his government from declaring territorial bankruptcy
The judge presiding over Puerto Rico's court-supervised restructuring has decided to withhold payment on $17 billion in sales-tax bonds until...
With Title VI now looking a pipedream and Title III Restructuring a near certainty in Puerto Rico, Height Securities said in a note released on...
The Government sets aside more money for the public debt than what the Oversight Board requested
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 $...
Puerto Rico Gov. Ricardo Rosselló signed a negotiated debt restructuring deal for the Government Development Bank Thursday, affecting $4.1 billion ...
Law360, New York (June 14, 2017, 8:09 PM EDT) -- A team of five sitting federal judges across several jurisdictions was appointed on Wednesday to ...
The agreement, with the final approval of all the parties, including the Oversight Board, will provide Puerto Rico with the first tool to gain the...
Puerto Rico's government warned in a liquidity report made public on Wednesday that it will run out of money in less than three months as the U...
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...
The process called Title III would allow the government to petition a court to cut debt amassed by more than a dozen agencies