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Debt Restructuring News

Debt Restructuring


The Puerto Rican $70 billion dollar debt crisis is tragic, has led to massive levels of unemployment (almost half of the population of the island...
Which class of creditor is entitled to sales tax revenue is a disagreement that should not be possible. The only explanation is laws were broken by...
Puerto Ricans protest looming austerity measures in San Juan on Monday, two days before the island's governor announced it was seeking ...
The chairman of the U.S. congressional committee that oversees Puerto Rico on Thursday said the bankrupt island's federal oversight board was ...
Aware of this activity, the senator moved forward to vote for the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) ...
Sales tax creditors kick off likely wave of lawsuits against Puerto Rico ... The complaint, filed in federal court in San Juan, accuses Puerto Rico...
The Governor will introduce his proposal tomorrow at the House of Representatives, as part of his speech on the Island’s situation
Puerto Rico shares a story similar to Greece's (GREK) in terms of its dismal economic performance and exacerbated debt issues. With its rising...
At this year's Allied Media Conference in Detroit, Michigan, residents of the city and those of Puerto Rico gathered to compare notes on how...
Nobel economy laureate warns that the fiscal proposal will worsen the crisis
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...
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...
WASHINGTON – Two legislators are urging Puerto Rico's oversight board to focus more on economic growth than austerity and to freeze debt service...
A group representing University of Puerto Rico faculty has sued the island's cash-strapped government and its federal oversight board over $201...
Puerto Rico has filed for bankruptcy. It's the largest municipal bankruptcy in United States history. Advertisement. WEBVTT THE CAMPUS WAS ...