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Debt Restructuring News

Debt Restructuring


Puerto Rico's $123 billion in debt and pension obligations far exceeds the $18 billion bankruptcy filed by Detroit in 2013. Some of the island...
Projections place recurring operational deficits for the institution if it fails to renegotiate its debt
Nobel economy laureate warns that the fiscal proposal will worsen the crisis
Puerto Rico fiscal officials delayed acceptance of measures in the island electric authority's $9 billion debt deal, spurring speculation that...
Toa Baja, a mid-sized city in Puerto Rico, shut down last Monday after failing to pay municipal employees for several weeks. All public services have...
Janine Jackson interviewed Ed Morales about Puerto Rico's recent filing for bankruptcy amidst its debt crisis for the May 12, 2017 episode of ...
The plaintiffs accuse Puerto Rico of taking their property "without just compensation or due process in violation of rights protected under the...
Law360, New York (September 14, 2017, 5:22 PM EDT) -- The oversight powers of the federally appointed board guiding Puerto Rico's historic ...
University Rectors submit projections in order to face a lower cutback than the one announced by the Governor
Puerto Rico plans to begin restructuring talks with its multitude of creditors “immediately” after its turnround plan was on Monday approved by the...
Last week, Puerto Rico took another step in its long, mostly futile attempt to stabilize its economy and budget when it filed for a modified version...
The scale of Puerto Rico's debt is also unusual: it has about $123 billion in debt and pension obligations. For comparison, Detroit had $18...
Beyond Puerto Rico's undefeated march to the World Baseball Classic final, it seems the island can't catch a break. Mediated talks between...
The Coalition asks that the Board, the Legislature and the Governor have a meeting in order to standardize the solutions for the fiscal problems in...
SAN JUAN – Besides the meeting with Gov. Ricardo Rosselló, U.S. Treasury Secretary Steven Mnuchin also spoke over the phone Friday with fiscal...