IN RE: The FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, as Representative for the Commonwealth of Puerto Rico; The Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Sales Tax Financing Corporation, a/k/a Cofina; The Financial Oversight and Management Board for Puerto Rico, as Representative for the Employees Retirement System of the Government of the Commonwealth of Puerto Rico; The Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Highways and Transportation Authority; The Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Electric Power Authority (PREPA); The Financial Oversight and Management Board for Puerto Rico, as Representative of the Puerto Rico Public Buildings Authority, Debtors.
GoldenTree Asset Management LP; Syncora Guarantee, Inc., Movants-Appellants,
v.
The Financial Oversight and Management Board for Puerto Rico, as Representative for the Puerto Rico Electric Power Authority, Debtor-Appellee,
Puerto Rico Fiscal Agency and Financial Advisory Authority, Interested Party-Appellee,
Official Committee of Unsecured Creditors of all Title III Debtors other than PBA and Cofina, Intervenor,
U.S. Bank National Association, as Trustee, Intervenor.
United States Court of Appeals, First Circuit.https://leagle.com/images/logo.png
Pedro A. Jimenez , with whom Luc A. Despins , Eric D. Stolze , and Paul Hastings LLP were on brief, for intervenor Official Committee of Unsecured Creditors for all Title III Debtors, other than PBA and Cofina.
Michael C. McCarthy and Maslon LLP on brief for intervenor U.S. Bank National Association, as Trustee.
Before Kayatta, Thompson, and Rikelman, Circuit Judges.
KAYATTA, Circuit Judge.
This case arises from a proceeding to restructure the debts of the Commonwealth of Puerto Rico's public power company ("PREPA") under Title III of the Puerto Rico Oversight, Management, and Economic Stability Act ("PROMESA"). Appellants GoldenTree Asset Management and Syncora Guarantee...
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