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Debt Restructuring News

Debt Restructuring


Committee understands that bondholders of this public corporation do not have a secured debt
Puerto Rico benchmark GO debt price drops to record low ... Puerto Rico's bankruptcy dwarfs the prior record of $18 billion in 2013 that was...
Law360, New York (June 15, 2017, 3:12 PM EDT) -- The U.S. bankruptcy watchdog on Thursday appointed two committees to represent retirees and ...
Puerto Rico teetered into insolvency Wednesday as the chronically troubled U.S. territory of 3.4 million citizens buckled under its ever-increasing...
A new chapter in Puerto Rico's battle with creditors opens when the indebted US territory stares down a potential bankruptcy filing and the...
They tell the Oversight Board to start voluntary negotiations next week
Despite the ongoing economic issues in Puerto Rico, the domestic property/casualty (P/C) insurers have managed to generate operating profits over ...
On June 11, the citizens of Puerto Rico passed a non-binding referendum calling for Puerto Rico to be the 51st state of the United States. The vote...
Puerto Rico's leaders who put the island into a form of bankruptcy on Wednesday have gained access to a powerful tool that has helped a handful...
Assured Guaranty Corp., the biggest municipal bond insurer, formally requested that the Puerto Rico Oversight Board revoke certification of its 10-...
The imposition of a fiscal control board on Puerto Rico last year raised hopes that the island's tattered economy might be headed for a...
The bankruptcy process will cover about half of Puerto Rico's debt, though other local public agencies are restructuring out of court, and some...
Judge Barbara J. Houser helds first meeting with creditors
A 100-year-old law enshrining tax-free bonds in Puerto Rico established the island as a haven for American investors. Credit Dennis M. Rivera ...
They argue Bank of NY Mellon turned a blind eye to alleged violations by the government