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BRIGADE LEVERAGED CAPITAL v. GARCIA-PADILLA

Civil No. 16-1610 (FAB), Civil No. 16-2101 (FAB), Civil No. 16-2257 (FAB).

201 F.Supp.3d 223 (2016)

BRIGADE LEVERAGED CAPITAL STRUCTURES FUND LTD., et al., Plaintiffs, v. Alejandro GARCIA-PADILLA, et als., Defendants. National Public Finance Guarantee Corporation, Plaintiff, v. Alejandro Garcia-Padilla, et al., Defendants. Dionisio Trigo-Gonzalez, et al., Plaintiffs, v. Alejandro Garcia-Padilla, et al., Defendants.

United States District Court, D. Puerto Rico.

Signed August 22, 2016.

Attorney(s) appearing for the Case

Benjamin S. Kaminetzky , Brian M. Resnick , David Toscano , Donald S. Bernstein , Marc J. Tobak , Davis Polk & Wardwell, LLP, K. Ann McDonald , Jayne S. Robinson , Robinson McDonald & Canna LLP, New York, NY, Harold D. Vicente-Colon , Harold D. Vicente-Gonzalez , Vicente & Cuebas, San Juan, PR, for Plaintiffs.

Jose L. Ramirez-Coll , Salvador Antonetti-Zequeira , Antonetti Montalvo & Ramirez-Coll, San Juan, PR, Michael F. Williams , Peter A. Farrell , Kirkland & Ellis LLP, Washington, DC, for Defendants.

MEMORANDUM AND ORDER

Before the Court are the parties' arguments as to whether the automatic stay provision of the Puerto Rico Oversight, Management, and Economic Stability Act ("PROMESA") applies to these three actions. For the following reasons, the Court holds that it does and

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