IN RE FINANCIAL OVERSIGHT AND MGMT FOR PUERTO RICO

No. 17 BK 3283-LTS (Jointly Administered) Adv. Proc. No. 17-155-LTS in 17 BK 3283-LTS, Adv. Proc. No. 17-156-LTS in 17 BK 3567-LTS.

582 B.R. 579 (2018)

IN RE: The FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, as representative of Commonwealth of Puerto Rico, et al., Debtors. Assured Guaranty Corp.; Assured Guaranty Municipal Corp.; Financial Guaranty Insurance Company; and National Public Finance Guarantee Corporation, Plaintiffs, v. Commonwealth of Puerto Rico; Financial Oversight and Management Board for Puerto Rico; Puerto Rico Fiscal Agency and Financial Advisory Authority; Puerto Rico Highways and Transportation Authority; Hon. Ricardo Antonio Rosselló Nevares; Gerardo Portela Franco; Carlos Contreras Aponte; José Iván Marrero Rosado; Hon. Raúl Maldonado Gautier; and Natalie A. Jaresko, Defendants.

United States District Court, D. Puerto Rico.

Signed January 30, 2018.


Attorney(s) appearing for the Case

ADSUAR MUÑIZ GOYCO SEDA & PÉREZ-OCHOA, P.S.C., By: Eric Pérez-Ochoa , Luis A. Oliver Fraticelli , Alexandra Casellas-Cabrera , Lourdes Arroyo Portela , 208 Ponce de Leon Ave, Suite 1600, San Juan, Puerto Rico 00936, WEIL, GOTSHAL & MANGES LLP, By: Jonathan Polkes , Marcia Goldstein , Salvatore A. Romanello , Gregory Silbert , Kelly DiBlasi , Gabriel A. Morgan , 767 Fifth Avenue, New York, New York 10153, Attorneys for National Public Finance Guarantee Corp.

CASELLAS ALCOVER & BURGOS P.S.C., By: Heriberto Burgos Pérez , Ricardo F. Casellas-Sánchez , Diana Pérez-Seda , P.O. Box 364924, San Juan, Puerto Rico 00936-4924, CADWALADER, WICKERSHAM & TAFT LLP, By: Howard R. Hawkins, Jr. , Mark C. Ellenberg , Ellen Halstead , Thomas J. Curtin , Casey J. Servais , 200 Liberty Street, New York, New York 10281, Attorneys for Assured Guaranty Corp. and Assured Guaranty Municipal Corp.

O'NEILL & BORGES LLC, By: Hermann D. Bauer , Daniel J. Perez Refojos , 250 Muñoz Rivera Avenue, Suite 800, San Juan, Puerto Rico 00918-1813, PROSKAUER ROSE LLP, By: Martin J. Bienenstock , Stephen L. Ratner , Eleven Times Square , New York, NY 10036, and Timothy W. Mungovan , One International Place, Boston, Massachusetts 02110, and Michael A. Firestein , Lary A. Rappaport , 2049 Century Park East, Suite 3200, Los Angeles, California 90067-3206, Attorneys for the Financial Oversight and Management Board for Puerto Rico and the Financial Oversight and Management Board for Puerto Rico, as representative of the Commonwealth of Puerto Rico.

THE LAW OFFICES OF ANDRÉS W. LÓPEZ, P.S.C., By: Andrés W. López , 902 Fernández Juncos Avenue, San Juan, Puerto Rico 00907, Co-Attorneys for the Puerto Rico Fiscal Agency and Financial Advisory Authority and Gerardo Portela Franco.

REXACH & PICÓ, CSP, By: María E. Picó , 802 Ave. Fernández Juncos , San Juan, Puerto Rico 00907-4315, BUTLER SNOW LLP, By: Martin A. Sosland , 5430 LBJ Freeway, Suite 1200, Dallas, Texas 75240, and Stanford G. Ladner , 1700 Broadway, 41st Floor, New York, New York 10019, and Christopher R. Maddux , J. Mitchell Carrington , 1020 Highland Colony Parkway, Suite 1400, Ridgeland, Mississippi 39157, Attorneys for Financial Guaranty Insurance Company.

O'MELVENY & MYERS LLP, By: John J. Rapisardi , Suzzanne Uhland , Peter Friedman, 7 Times Square, New York, New York 10036, and Elizabeth L. McKeen , 610 Newport Center Drive, 17th Floor, Newport Beach, California 92660, Attorneys for the Puerto Rico Fiscal Agency and Financial Advisory Authority and the Hon. Geraldo Portelo Franco.

WANDA VÁZQUEZ GARCED , Secretary of Justice of Puerto Rico, By: Wandymar Burgos Vargas , Deputy Secretary in Litigation, Department of Justice, P.O. Box 9020192, San Juan, Puerto Rico 00902-0192, Attorney for Hon. Ricardo Antonio Bosselló Nevares and Hon. Raúl Maldonado Gautier


PROMESA

Title III

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

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

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