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Debt Restructuring News

Debt Restructuring


Puerto Rico's "control" board sent a letter to current Governor Alejandro García Padilla and incoming Governor Ricardo Rossello...
Members of the Greater Hartford Puerto Rican community voice their concerns about the island's debt crisis to U.S. Sen. Richard Blumenthal.
What happens when securities used as collateral for a loan tumble in value? Some investors in Puerto Rico's bonds can tell you. More than 100 ...
SAN JUAN, Puerto Rico (AP) — Puerto Rico's governor has announced a historic restructuring of a portion of the US territory's $70B debt...
Stein's Law is now at work in Puerto Rico, which effectively entered bankruptcy hearings last week after painfully discovering that it could not...
After the irresponsible practices that led it to this crippling level of debt, the Government of Puerto Rico must be transparent in discharging its...
Puerto Rico Governor Ricardo Rossello discusses the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...
PREPA in holding patternJudge Laura Taylor Swain leaves the request of several bondholders in order to appoint a trustee and increase rates unsaid
Santiago Domenech, a general contractor with $2 million of his savings tied up in bonds Puerto Rico just defaulted on, once had 450 employees.
Law360, New York (June 8, 2017, 7:46 PM EDT) -- The dispute between COFINA bondholders and Puerto Rico's general obligation bondholders took ...
With the automatic freeze on litigations provided by PROMESA ending, various bondholder groups will seek to protect their interests by filing suits...
"Trump should use all the tools at his disposal to help American citizens living in Puerto Rico shed the predatory debt that Goldman Sachs and...
The Resident Commissioner assures that she seeks a good-faith agreement for PREPA's restructuring plan
A bankruptcy judge's ruling concerning the Puerto Rico Highways and Transportation Authority has ramifications for bonds far beyond those of the...
NEW YORK Puerto Rico's benchmark general obligation debt price fell to a record low on Tuesday in light trading as the prospect of a drawn-out...