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Debt Restructuring News

Debt Restructuring


Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid invoking bankruptcy...
When Puerto Rico filed for court protection from creditors—the commonwealth's own bankruptcy-like process created as part of the financial-...
Puerto Rico Governor Ricardo Rossello said the government needs as long as five years to close a more than $7 billion budget shortfall, saying the ...
Law360, New York (August 9, 2017, 9:33 PM EDT) -- The federal judge overseeing Puerto Rico's landmark insolvency proceedings nudged forward a ...
An investment firm holding $65 million of Puerto Rico's bonds sued the island's bankrupt government on Wednesday in a bid to force its...
It is suggested that the PRHTA, AFI and the Convention District will seek the protection of the court
Puerto Rico's Governor Ricardo Rosselló officially requested a form of bankruptcy protection late Tuesday, triggering what is likely to be by...
A federal control board overseeing Puerto Rico's finances amid a dire economic crisis announced Thursday that it appointed Ukraine's former...
The government owes millions in refunds while offering minimum estimates to suppliers and legal claims
In a sharply worded letter to the chairman of the Financial Oversight and Management Board of Puerto Rico, Rep. Rob Bishop, R-Utah, said that by ...
Puerto Rico is set to file the largest public sector bankruptcy in history after vulture capitalist hedge funds that bought big pieces of the island...
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...
The Fiscal Plan contemplates a total of only $370 million to reform the government
Bondholders rejected an offer from Puerto Rico's government and started a series of lawsuits, the first ones after a temporary litigation .
Experts in public finances describe the difficulties that the Island would face against the possible collapse of the local economy