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Debt Restructuring


Activists protested what they called Aurelius Capital Management's support for austerity in Puerto Rico at the hedge fund's New York City...
April 21 (Reuters) - Lawyers for Puerto Rico's government are drafting a forbearance agreement that could allow the U.S. territory to avoid...
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 ...
The new plan entails stricter adjustments to balance the budget, and it insists on greater cutbacks to the bondholders
"Make no mistake: The board has chosen to turn Puerto Rico into the next Argentina", says Andrew Rosenberg, a lawyer at Paul, Weiss,...
Puerto Rico is the terrifying Ghost of Illinois Future: a worst-case example of what happens when a government no longer can pay its bills. The...
Experts in public finances describe the difficulties that the Island would face against the possible collapse of the local economy
The federal entity warns that a general restructuring of the obligations is only achievable in court
Inside a courtroom in San Juan, Puerto Rico, today, the largest government bankruptcy proceeding since that of Detroit will get underway as the U.S...
Puerto Rico's $123 billion in debt and pension obligations far exceeds the $18 billion bankruptcy filed by Detroit in 2013. Some of the island...
NEW YORK, April 29 (Reuters) - Puerto Rico's government presented a debt restructuring offer late on Friday that could repay as much as 77...
Title III of the law, offers an equivalent mechanism of a federal bankruptcy to clarify the differences between the government and the bondholders,...
March 29 (Reuters) - Creditors of Puerto Rico's struggling power authority, PREPA, have presented the island's government with a counter-...
Janine Jackson interviewed Ed Morales about Puerto Rico's recent filing for bankruptcy amidst its debt crisis for the May 12, 2017 episode of ...
The plaintiffs accuse Puerto Rico of taking their property "without just compensation or due process in violation of rights protected under the...