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Debt Restructuring News

Debt Restructuring


The Puerto Rican government has requested federal protection from creditors for two pension systems covering public employees, opting to further ...
OLDWICK, N.J.--(BUSINESS WIRE)--Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have ...
Amid the current negotiations of the Puerto Rican government with various bondholders, one group, the Puerto Rico Electric Power Authority ...
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...
Dozens of creditors petition in the courts to annul the fiscal plan and halt the Government’s legislative and budgetary powers
WASHINGTON - Puerto Rico's Governor is asking Congress to extend protections against debt lawsuits as the island charts a path for economic ...
Projections place recurring operational deficits for the institution if it fails to renegotiate its debt
Puerto Rico fiscal officials delayed acceptance of measures in the island electric authority's $9 billion debt deal, spurring speculation that...
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 bondholders at a meeting Thursday sought substantially better terms from the Puerto Rico Oversight Board and government, according to ...
The Oversight Board filed tittle III of PROMESA in the Island, but it could be heard in a different venue
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...
Law360, New York (September 14, 2017, 5:22 PM EDT) -- The oversight powers of the federally appointed board guiding Puerto Rico's historic ...
University Rectors submit projections in order to face a lower cutback than the one announced by the Governor
(CNN) The perils of progressive policies are on full display in Puerto Rico. On the brink of economic collapse, bankruptcy proceedings began ...