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Debt Restructuring News

Debt Restructuring


Inside a courtroom in San Juan, Puerto Rico, today, the largest government bankruptcy proceeding since that of Detroit will get underway as the U.S...
WASHINGTON - Puerto Rico's Governor is asking Congress to extend protections against debt lawsuits as the island charts a path for economic ...
Motivations behind the documents required by a committee of creditors and the Oversight Board
Puerto Rico's $123 billion in debt and pension obligations far exceeds the $18 billion bankruptcy filed by Detroit in 2013. Some of the island...
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...
Events are unfolding fast as the Fiscal Management & Oversight Board appointed to oversee the finances of Puerto Rico and ensure that the...
By Philip ScipioNEW YORK, May 19 (IFR) - Puerto Rico creditors that are owed roughly US$74bn took their brawl into federal court last week as the ...
Remember the Puerto Rico debt crisis? Because Rosselló is newly elected, he cannot be held responsible for the adverse fiscal conditions afflicting...
Puerto Ricans in early 2016 were suffering power outages at rates four to five times higher than average U.S. customers, said the report from the ...
Wall Street investment banks issued hundreds of Puerto Rico municipal bonds to take advantage of the triple feature that made the Caribbean Island...
Member of the Congress who promoted the approval of PROMESA strikes against the Board
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
Last week, Puerto Rico took another step in its long, mostly futile attempt to stabilize its economy and budget when it filed for a modified version...
About the PREPA issue, the governor indicated that it will continue with its normal operation