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Robert Slavin

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Puerto Rico Governor Signs Cash and Spending Measures
July 6, 2015 Puerto Rico Gov. Alejandro García Padilla signed a bill that will allow the government the option of suspending general...

Puerto Rico Indicates September May Be Start of Defaults
July 2, 2015 Puerto Rico has indicated that September may be the start of the commonwealth government’s monetary defaults.

PREPA Makes $416 Million Bond Payment
July 1, 2015 The Puerto Rico Electric Power Authority announced Wednesday morning that it was making the full $416 million bond payment due...

PREPA Makes $415 Million Bond Payment
July 1, 2015 The Puerto Rico Electric Power Authority made the full $415 million bond payment due Wednesday and promised to reach a...

Puerto Rico Governor Signs $9.8 Billion Budget
July 1, 2015 Puerto Rico Gov. Alejandro García Padilla has signed a fiscal year 2016 General Fund budget for $9.8 billion.

Puerto Rico Is Seeking Several Years of Reduced Payments
June 30, 2015 Puerto Rico's government is seeking several years of reduced debt service payments, according to the governor and his staff.

OppenheimerFunds Threatens Suit over Puerto Rico Restructuring Plans
June 30, 2015 Puerto Rico faces a fight from one of its biggest bondholders as it seeks to reduce debt service payments for several years.

Debt Restructuring Is Part of Larger Puerto Rico Package
June 29, 2015 Puerto Rico Gov. Alejandro García Padilla's developing plan to restructure the public sector's $72 billion of debt is part of...

Puerto Rico Senate Approves an Automatic Spending Adjuster
June 26, 2015 The Puerto Rico Senate approved an automatic spending reduction mechanism to be used when there are revenue shortfalls.

Puerto Rico Senate Passes Balanced Budget
June 25, 2015 Puerto Rico’s Senate, in the midst of a credit crisis, passed a balanced budget that covers general obligation debt and...


Orrick, Herrington & Sutcliffe LLP attorneys take a look at the Securities and Exchange Commission settlements with 36 municipal securities underwriters pursuant to the Municipalities Continuing Disclosure Cooperation initiative.

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