IN RE FINANCIAL OVERSIGHT & MANAGEMENT BD. FOR PR

No. 17 BK 3283-LTS (Jointly Administered) Adv. Proc. No. 17-189-LTS in 17 BK 3283-LTS.

300 F.Supp.3d 328 (2018)

IN RE: The FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, as Representative of Commonwealth of Puerto Rico, et al., Debtors. ACP Master, Ltd., Aurelius Capital Master, Ltd., Aurelius Convergence Master, Ltd., Aurelius Investment, LLC, Aurelius Opportunities Fund, LLC, Autonomy Master Fund Limited, Corbin Opportunity Fund, L.P., FCO Special Opportunities (A1) L.P., FCO Special Opportunities (D1) L.P., FCO Special Opportunities (E1) LLC — Master Series 1, Fundamental Credit Opportunities Master Fund L.P., Jacana Holdings I LLC, Jacana Holdings II LLC, Jacana Holdings III LLC, Jacana Holdings IV LLC, Jacana Holdings V LLC, Lex Claims, LLC, LMAP 903 Limited, MCP Holdings Master L.P., Monarch Alternative Solutions Master Fund Ltd., Monarch Capital Master Partners II L.P., Monarch Capital Master Partners III L.P., Monarch Capital Master Partners IV L.P., Monarch Debt Recovery Master Fund Ltd., Monarch Special Opportunities Master Fund Ltd., MPR Investors LLC, P Monarch Recovery Ltd., Pinehurst Partners, L.P., Prisma SPC Holdings Ltd. — Segregated Portfolio AG, and RRW I LLC., Plaintiffs, v. Commonwealth of Puerto Rico and The Financial Oversight and Management Board for Puerto Rico, Defendants.

United States District Court, D. Puerto Rico.

Signed January 30, 2018.


Attorney(s) appearing for the Case

O'NEILL & BORGES LLP, By: Hermann D. Bauer , Ubaldo M. Fernández , 250 Muños Rivera Ave., Suite 800, San Juan, Puerto Rico 00918, PROSKAUER ROSE LLP, By: Martin J. Bienenstock , Stephen L. Ratner , Timothy W. Mungovan , Kevin J. Perra , Jonathan E. Richman , Chantel L. Febus , Eleven Times Square, New York, New York 10036, Attorneys for the Financial Oversight and Management Board for Puerto Rico, as representative of the Commonwealth of Puerto Rico.

BENNAZAR, GARCÍA & MILIÁN, C.S.P., By: A.J. Bennazar-Zequeira , Edificio Union Plaza , PH-A piso 18, Avenida Ponce de León #416, Hato Rey, San Juan, Puerto Rico 00918, JENNER & BLOCK LLP, By: Robert Gordon , Richard Levin , 919 Third Avenue, New York, New York 10022, and Catherine Steege , Melissa Root, 353 N. Clark Street, Chicago, Illinois 60654, Attorneys for the Official Committee of Retired Employees of Puerto Rico.

JIMÉNEZ, GRAFFAM & LAUSELL, By: Ramón Rivera Morales , Andrés F. Picó Ramírez , P.O. Box 366104, San Juan, Puerto Rico 00936, ROBBINS, RUSSELL, ENGLERT, ORSECK, UNTEREINER & SAUBER LLP, By: Mark T. Stancil , Lawrence S. Robbins , Gary A. Orseck , Kathryn S. Zecca , Ariel N. Lavinbuk , Donald Burke , 1801 K Street, N.W., Suite 411-L, Washington, D.C. 20006, PAUL, WEISS, RIFKIND, WHARTON & GARRISON LLP, By: Andrew N. Rosenberg , Richard A. Rosen , Walter Rieman , Kyle J. Kimpler , Karen R. Zeituni , 1285 Avenue of the Americas, New York, New York 10019, Attorneys for the Ad Hoc Group of General Obligation Bondholders.

CASILLAS, SANTIAGO & TORRES LLC, By: Juan J. Casillas Ayala , Diana M. Battle-Barasorda , Alberto J. E. Añeses Negrón , Ericka C. Montull-Novoa , El Caribe Office Building, 53 Palmeras Street, Suite 1601, San Juan, Puerto Rico 00901, PAUL HASTINGS LLP, By: Luc A. Despins , James R. Bills , James B. Worthington , G. Alexander Bongartz , 200 Park Avenue, New York, New York 10166, Attorneys for the Official Committee of Unsecured Creditors.


PROMESA

Title III

OPINION AND ORDER GRANTING MOTION TO DISMISS PLAINTIFFS' COMPLAINT PURSUANT TO FED. R. CIV. P. 12(b)(1) AND 12(b)(6)

Before the Court is Defendants' Motion to Dismiss Plaintiffs' Complaint Pursuant to Fed. R. Civ. P. 12(b)(1) and 12(b)(6) (docket entry...

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