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

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...
The battle over Puerto Rico's bankruptcy filing, the largest ever by a local U.S. government, is expected to be long and bitter, as bondholders...
Sources say there are questions about the Government’s assumptions and foresee changes
Law360, New York (June 22, 2017, 3:50 PM EDT) -- The board overseeing Puerto Rico's financial restructuring Wednesday united with bondholders .....
San Juan, Puerto Rico — Puerto Rico's development bank has entered into a deal with financial creditors that would allow it to avoid a lengthy...
Besosa suggests a new rule to address voluntary agreements between bondholders and the Government
The selection comes two days after Puerto Rico Gov. Ricardo Rosselló said the government had officially notified the state's Fiscal Supervision...
A securities arbitration law firm on Friday filed a claim against UBS Financial Services Inc. of Puerto Rico and UBS Financial Services, Inc. (...
As Puerto Rico goes through its bankruptcy process, U.S. Rep. Rob Bishop, R-Utah, chairman of the U.S. House Committee on Natural Resources, ...
In San Juan, Puerto Rico, a federal judge Wednesday held a hearing to begin restructuring the U.S. territory's $74 billion public debt. It'...