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Debt Restructuring News

Debt Restructuring


Jenniffer González says that we should start putting pressure on Congress regarding the moratorium
In a move that could dwarf the massive municipal bankruptcy of Detroit in 2013, the government of Puerto Rico indicated Wednesday that it would ...
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 ...
Stein's Law is now at work in Puerto Rico, which effectively entered bankruptcy hearings last week after painfully discovering that it could not...
Puerto Rico has until May 1st to restructure $70 billion in debt. Negotiations with the U.S. legislature re-opened Thursday, but there is a growing...
Claude LeBlanc, CEO, said, "While our results this quarter were heavily influenced by an increase in reserves related to Puerto Rico, we...
This municipal debt binge has gone unnoticed in the local and U.S. media, with most of the attention going to the financial woes of the Commonwealth...
Puerto Rico has asked for a form of bankruptcy protection to help it grapple with more than $70 billion in public-sector debt. The unprecedented ...
PREPA in holding patternJudge Laura Taylor Swain leaves the request of several bondholders in order to appoint a trustee and increase rates unsaid
Law360, New York (June 8, 2017, 7:46 PM EDT) -- The dispute between COFINA bondholders and Puerto Rico's general obligation bondholders took ...
One has to pity Puerto Rico. With the temporary protection that Congress last year provided the island from its creditors due to expire on May 1,...
Puerto Rico's fiscal tug-of-war with pensioners, bondholders, other creditors and its own finances starts a new, uncharted chapter on May 17.
The Governing Board and the interim president agree that a $450-million cutback is impossible
Law360, New York (May 4, 2017, 4:07 PM EDT) -- The insurers of $9 billion of Puerto Rico's $70 billion debt told a federal court Wednesday that...
The Commonwealth of Puerto Rico's official committee of retired employees filed with the U.S. Bankruptcy Court a motion for an order (i)...