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Reuters: Judge Approves Puerto Rico Consensual Debt Restructuring Deal

November 06, 2018

On Tuesday, a US federal judge approved Puerto Rico’s debt restructuring deal, addressing approximately US $4 billion of the island’s existing debt. “I’m glad we took this step forward toward a new foundation for Puerto Rico,” said Judge Laura Taylor Swain, who is presiding over the country’s bankruptcy cases. O’Melveny lawyers served as lead legal advisors to the government. Click here to access the full article.