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Puerto Rico Bankruptcy Judge Orders Monday Call on Debt Plan (1)

Oct. 22, 2021, 6:32 PM

The judge overseeing Puerto Rico’s record bankruptcy ordered Governor Pedro Pierluisi, the island’s political leaders and its financial oversight board to participate in a conference call Monday after lawmakers failed to enact legislation to restructure the commonwealth’s debt.

Confirmation hearings set for November on the oversight board’s debt restructuring plan will remain in place pending completion of the call, U.S. District Court Judge Laura Taylor Swain said in her order Friday.

The purpose of the conference is for the parties to explain the status of the debt restructuring plan “and any alternative measures in light of the absence of ...

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