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Debt Restructuring News

Debt Restructuring


The Puerto Rico Electric Power Authority (PREPA) was the first, and so far the only, government agency in Puerto Rico to negotiate a debt...
Background Puerto Rico's central government and several agencies are currently undergoing court- supervised restructuring, also known as Title III...
On May 1, 2017 a stay over debt service payments established by the PROMESA Act, which essentially stops creditors’ lawsuits for debt defaults...
On May 3, 2017, in an unprecedented move, the Fiscal Oversight Board requested for bankruptcy-like protection under Title III of the PROMESA Act. The...
After the May 1st deadline, Puerto Rico is facing a historical moment. A lot has been said about the events that were going to unfold after the end...
She designates a committee of federal judges for the purpose of facilitating the renegotiation of public debt
Puerto Rico COFINA bondholder sues trustee Bank of New York ... payouts on COFINA debt after technical defaults by the Puerto Rican government, ...
The bankruptcy process will cover about half of Puerto Rico's debt, though other local public agencies are restructuring out of court, and some...
Puerto Rico Governor-Elect Ricardo Rosselló is seeking $900 million to get Puerto Rico through the current fiscal year.
A 100-year-old law enshrining tax-free bonds in Puerto Rico established the island as a haven for American investors. Credit Dennis M. Rivera ...
The pact would have a “detrimental effect on consumers”
Puerto Rico's creditors may be headed to court after the territory's representatives refused to budge from a fiscal plan limiting debt...
Law360, Los Angeles (May 19, 2017, 8:44 PM EDT) -- The U.S. Trustee on Friday told the federal judge overseeing Puerto Rico's unprecedented ...
Ensuring financial stability, controlling public debt and reducing budget deficits are important tasks. There is also widespread agreement that...