Puerto Rico's first mediation meeting in its Title III bankruptcy case will take place on July 12.

On Wednesday, Chief Mediator Barbara Houser said that an introductory meeting would be held on July 12 in the Ceremonial Courtroom of the Moynihan Courthouse, 500 Pearl St., New York, N.Y.

She said parties that have been actively involved in the case should participate. Other parties will be able to request to attend.

Puerto Rico Title III bankruptcy Judge Laura Swain introduced Chief Mediator Barbara Houser on Wednesday.
Puerto Rico Title III bankruptcy Judge Laura Swain introduced Chief Mediator Barbara Houser on Wednesday. U.S. Courts

The Title III case currently affects holders of general obligation bonds and Puerto Rico Sales Tax Financing Corp. (COFINA) bonds. It also potentially affects Puerto Rico pensioners.

Mediation discussions will be conducted privately, confidentially, and separately from the main case hearings. The press will be barred from participating.

More information about the hearing will be posted to the federal Public Access to Court Electronic Records web site.

On June 14 Judge Laura Taylor Swain named five judges to run mediation sessions in the bankruptcy case.

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