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Puerto Rico in Distress

Most Recent Bankruptcy Case Docket Information for Commonwealth of Puerto Rico (17-03283)

  • Motion for Interim Compensation - First Interim Fee Application PJT Partners LP as Investment Banker and Financial Advisor to the Financial Oversight and Management Board of Puerto Rico for Compensation and Reimbursement of Out-of-Pocket Expenses Incurred for the Period of February 1, 2019 through May 31, 2019 filed by HERMANN D BAUER ALVAREZ on behalf of The Financial Oversight and Management Board for Puerto Rico, as Representative of the Commonwealth of Puerto Rico, et al.
    Attachments:
  • Response to Debtor's Objection to Claims (Number(s): 27515) Re: 7286 Debtor's Omnibus Objection to Claims Fifty-Sixth Omnibus Objection (Non-Substantive) of the Commonwealth of Puerto Rico to Duplicate Bond Claims filed by COMMONWEALTH OF PUERTO RICO (Attachments: # 1 Exhibit # 2 Envelope) Evelyn Martino Gonzalez, pro se.
    Attachments: 1, 2
  • Motion for Interim Compensation Sixth Interim Application of CST Law, Local Counsel to Official Committee of Unsecured Creditors, for Allowance of Compensation and Reimbursement of Expenses for Period from 02/1/2019 through 05/31/2019 (Attachments: # 1 Sixth Motion for Interim Compensation # 2 Declaration of J. Casillas # 3 Exhibit A # 4 Exhibit B # 5 Exhibit C # 6 Exhibit D # 7 Exhibit E # 8 Exhibit F # 9 Exhibit G # 10 Proposed Order) filed by JUAN J. CASILLAS on behalf of Official Committee of Unsecured Creditors
    Attachments: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10
  • Docket listing powered by Prime Clerk. For previous documents and more information, please click here

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    ABI Analysis

    After three years of negotiations, Puerto Rico’s federal overseers are at last finishing up a plan to complete the restructuring of the island’s roughly $124 billion in debt. To resolve the biggest government financial collapse in U.S.

    A bill that would substantially boost federal Medicaid funding for Puerto Rico advanced out of a U.S. House subcommittee yesterday after lawmakers agreed to work on stricter safeguards in the wake of a government corruption scandal in the territory, Reuters reported. The Health Subcommittee sent the legislation, which would give the bankrupt U.S.

    The FBI yesterday arrested two former senior officials who served in the administration of Puerto Rico Gov. Ricardo Rosselló, leading the chair of the House committee that oversees Puerto Rico to call for the governor to step down, the Washington Post reported.

    A group of creditors that hammered out an $8.3 billion restructuring proposal covering Puerto Rico’s bankrupt power authority are receiving $151 million in special payments for their trouble, pushing their recoveries higher than the baseline of 77.5 cents on the dollar, WSJ Pro Bankruptcy reported.

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    The Financial Oversight and Management Board for Puerto Rico was created under the Puerto Rico Oversight, Management and Economic Stability Act of 2016. The Board consists of seven members appointed by the President of the United States and one ex officio member designated by the Governor of Puerto Rico. Access information on the Board, documents, videos of meetings, calendar of events and live webcasts by clicking here.