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Debt Restructuring News

Debt Restructuring


SAN JUAN, P.R. — Puerto Rico's first day in federal court to reduce its $123 billion in bond debt and unfunded pensions got off to a cordial...
Puerto Rico Gov. Ricardo Rosselló presented a fiscal year 2018 budget Wednesday that allots at least $2.04 billion for pensions and nothing for the...
Puerto Rico Gov. Ricardo Rosselló and his financial advisors are insisting that the Title III judge cannot review the amount of debt that Puerto Rico...
Puerto Rico is facing a May 1 deadline to restructure its $70 billion debt. At that time, a freeze on lawsuits against Puerto Rico will expire. The...
They favor extending the stay on litigations until next December
The judicial process to address the debt becomes another risk factor for the economy
WASHINGTON – House Natural Resources Committee chair Rob Bishop is warning members of Puerto Rico's oversight board that the board's...
Judge Laura Taylor Swain will preside over the government’s debt restructuring cases
Beyond Puerto Rico's undefeated march to the World Baseball Classic final, it seems the island can't catch a break. Mediated talks between...
With Puerto Rico on the brink of entering an unprecedented bankruptcy, Wall Street firms with billions of dollars on the line are losing hope of...
SAN JUAN – Besides the meeting with Gov. Ricardo Rosselló, U.S. Treasury Secretary Steven Mnuchin also spoke over the phone Friday with fiscal...
Law360, New York (June 22, 2017, 3:50 PM EDT) -- The board overseeing Puerto Rico's financial restructuring Wednesday united with bondholders ...
According to the New York Times (link is external), on Wednesday, Puerto Rico's local government made a move that was months in the making -...
Instead, the 38-year-old second-generation governor submitted a new plan that would wind down Puerto Rico's Government Development Bank's...
SAN JUAN, Puerto Rico — Uncertainty is spreading across Puerto Rico and the U.S. municipal bond market now that the U.S. territory has taken an ...