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Debt Restructuring News

Debt Restructuring


March 29 Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-offer to...
A group representing University of Puerto Rico faculty has sued the island's cash-strapped government and its federal oversight board over $201...
OLDWICK, N.J.--(Business Wire)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed ...
Dozens of creditors petition in the courts to annul the fiscal plan and halt the Government’s legislative and budgetary powers
The Swiss firm, which has faced more than 75% of the claims related to Puerto Rico municipal bonds, has paid at least $205.6 million in settlements...
WASHINGTON - Puerto Rico's Governor is asking Congress to extend protections against debt lawsuits as the island charts a path for economic ...
They claim to increase the electricity rates to cover operations and debt, as stated in the bond contract
San Juan, Puerto Rico • The leader of debt-swamped Puerto Rico says the U.S. island's development bank has entered into a deal with creditors...
Puerto Rico's federal oversight board is seeking bankruptcy protection for the island's highway authority and public pension. The board...
The Oversight Board filed tittle III of PROMESA in the Island, but it could be heard in a different venue
Puerto Rico bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government, according to ...
The report notes that the island faces a $1.3 billion debt payment in February, when a temporary debt moratorium imposed this year by the U.S...
Judge Laura Taylor Swain could approve a mechanism for GOs and Cofina bondholders to start solving their disputes
(CNN) The perils of progressive policies are on full display in Puerto Rico. On the brink of economic collapse, bankruptcy proceedings began ...
Law360, New York (June 5, 2017, 9:58 PM EDT) -- Holders of $65 million in bonds issued by Puerto Rico's Highways and Transportation Authority ...