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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...
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...
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...
Puerto Rico plans to begin restructuring talks with its multitude of creditors “immediately” after its turnround plan was on Monday approved by the...
With the end of the federal stay, Puerto Rico's Governor has announced that the territory intends to file for bankruptcy protection. A...
Motivations behind the documents required by a committee of creditors and the Oversight Board
SAN FRANCISCO Puerto Rico's federally appointed financial oversight and management board on Friday filed for Title III bankruptcy protection for...
Stockton bankruptcy judge among five tapped to mediate Puerto Rico debt ... Puerto Rico, the U.S. territory with $70 billion of debt and a 45 percent...
Puerto Rico hired President Donald Trump's former campaign manager, Corey Lewandowski, to work his influence in Washington. But by Thursday ...
A month away from the end of the moratorium, the GOP wants to emphasize on its restructuring process
They’ve become activated to defend the Island’s educators in the face of school closures
Long before Hurricane Maria left millions on the island without power or water, Puerto Rico was battling a financial crisis years in the making...