Home » Events News » Puerto Rico News » Debt Restructuring » Debt Restructuring News

Debt Restructuring News

Debt Restructuring


In the largest bankruptcy of a U.S. state or territory, Puerto Rico Gov. Ricardo Rossello requested court protection for his U.S. commonwealth to...
In a move that could dwarf the massive municipal bankruptcy of Detroit in 2013, the government of Puerto Rico indicated Wednesday that it would ...
Judge Laura Taylor Swain could approve a mechanism for GOs and Cofina bondholders to start solving their disputes
WASHINGTON - Within weeks, Puerto Rico will likely enter bankruptcy proceedings tailored by Congress specifically for the US territory. The island...
Law360, New York (June 5, 2017, 9:58 PM EDT) -- Holders of $65 million in bonds issued by Puerto Rico's Highways and Transportation Authority ...
Activists are calling for the resignation of two members of Puerto Rico’s fiscal control board over the roles they previously played in boosting bank...
Claude LeBlanc, CEO, said, "While our results this quarter were heavily influenced by an increase in reserves related to Puerto Rico, we...
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 ...
Committee understands that bondholders of this public corporation do not have a secured debt
(Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid invoking...
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 Governor Ricardo Rossello comments on the country's plan to close a more than $7 billion budget shortfall. He speaks with Bloomberg...
Puerto Rico's fiscal tug-of-war with pensioners, bondholders, other creditors and its own finances starts a new, uncharted chapter on May 17.
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...
It would be an understatement to state that this week has turned out to be highly damaging for the Puerto Rican economy. If bankruptcy protection is...