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Debt Restructuring News

Debt Restructuring


"Make no mistake: The board has chosen to turn Puerto Rico into the next Argentina", says Andrew Rosenberg, a lawyer at Paul, Weiss,...
Puerto Rico is the terrifying Ghost of Illinois Future: a worst-case example of what happens when a government no longer can pay its bills. The...
(Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid invoking...
Puerto Rico Governor Ricardo Rossello comments on the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...
There are even people convicted of government corruption
Inside a courtroom in San Juan, Puerto Rico, today, the largest government bankruptcy proceeding since that of Detroit will get underway as the U.S...
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...
It would be an understatement to state that this week has turned out to be highly damaging for the Puerto Rican economy. If bankruptcy protection is...
The Oversight Board and the Government seek to employ the method used in Detroit to renegotiate the debt
Bond investment funds and three bond insurers filed papers Tuesday seeking the appointment of a receiver for the Puerto Rico Electric Power ...
Janine Jackson interviewed Ed Morales about Puerto Rico's recent filing for bankruptcy amidst its debt crisis for the May 12, 2017 episode of .....
Currently, Puerto Rico has $123 billion in outstanding debt, spread between bonds and unfunded pension liabilities, representing more than 68 per ...
The plaintiffs accuse Puerto Rico of taking their property "without just compensation or due process in violation of rights protected under the...
A new chapter in Puerto Rico's battle with creditors opens when the indebted US territory stares down a potential bankruptcy filing and the...
They tell the Oversight Board to start voluntary negotiations next week