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Debt Restructuring News

Debt Restructuring


It is suggested that the PRHTA, AFI and the Convention District will seek the protection of the court
The battle to recoup pennies on the dollar of Puerto Rican bonds has been epitomized by Wall Street's most prominent hedge-fund managers.
Puerto Rico's Governor Ricardo Rosselló officially requested a form of bankruptcy protection late Tuesday, triggering what is likely to be by...
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
The Commonwealth of Puerto Rico's official committee of retired employees filed with the U.S. Bankruptcy Court a motion for an order (i)...
She designates a committee of federal judges for the purpose of facilitating the renegotiation of public debt
Puerto Rico's financial oversight board on Wednesday filed a form of bankruptcy for the island under Title III of last year's Puerto Rico...
Bondholders rejected an offer from Puerto Rico's government and started a series of lawsuits, the first ones after a temporary litigation .
The federal entity warns that a general restructuring of the obligations is only achievable in court
The pact would have a “detrimental effect on consumers”
Law360, New York (May 9, 2017, 9:38 PM EDT) -- Picked to oversee Puerto Rico's unprecedented $70 billion bankruptcy case, U.S. District Judge ...
People protest looming austerity measures amid an economic crisis and demand an audit on the island's debt to identify those responsible, during...
NEW YORK, April 29 (Reuters) - Puerto Rico's government presented a debt restructuring offer late on Friday that could repay as much as 77...
March 29 (Reuters) - Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-...