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Puerto Rico Utility Bankruptcy Plan Faces Growing Opposition

Puerto Rico Utility Bankruptcy Plan Faces Growing Opposition
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Nova scotiaPuerto ricoLaura taylor swainThomas lauriaMark ellenbergNational public financePuerto rico electric power authorityUs district courtGoldentree asset managementSyncora guaranteeAssured guarantyCourt judge laura taylorBlackrock financial managementFund paradise hides puerto ricoInvesco advisers

Puerto Rico Utility Bankruptcy Plan Faces Growing Opposition

Puerto Rico Utility Bankruptcy Plan Faces Growing Opposition
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Puerto ricoThomas lauriaMark ellenbergLaura taylor swainBloomberg businessweekNational public financePuerto rico electric power authorityUs district courtGoldentree asset managementSyncora guaranteeAssured guarantyBlackrock financial managementFund paradise hides puerto ricoInvesco advisers

PREPA bankruptcy argues hypothetical receiver in claim hearing

Assured Guaranty's attorney argued the judge's procedure to estimate the bondholders' claim should assume the Oversight Board would not exist.

Puerto ricoMark ellenbergMaureen chakrabortyMartin bienenstockLaura taylor swainPeter friedmanPuerto rico electric power authorityFinancial advisory authority attorney peter friedmanPuerto rico fiscal agencyAd hoc groupUs district courtGuaranty attorney mark ellenbergCourt judge laura taylor swainOversight boardPuerto rico oversightEconomic stability

Board threatens 0 21% payment for PREPA bondholders who don t settle

"This settlement offer allows you to settle for payment in the form of new bonds of approximately half your claims," the Puerto Rico Oversight Board said.

Puerto ricoThomas mayerMark ellenbergMartin bienenstockSusheel kirpalanisaidAmy catonPedro jimenezSusheel kirpalani syncoraLaura taylor swainUnsecured creditors committeeAd hoc groupPuerto rico electric power authorityPuerto rico oversight boardOversight boardSyncora guarantee attorney susheel kirpalaniPuerto rico highways

Mark C Ellenberg | The National Law Review

Mark Ellenberg advises debtors and creditors in complex financial restructuring, workout, and bankruptcy matters

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