220126 ORD RE COBRA STATUS REPORT VERSION JANUARY 26, 2022 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of

THE COMMONWEALTH OF PUERTO RICO et al.,

Debtors.1

PROMESA

Title III

Case No. 17 BK 3283-LTS

(Jointly Administered)

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

PROMESA

Title III

Case No. 17 BK 4780-LTS

ORDER SETTING DEADLINE FOR FURTHER STATUS REPORT 

The Court has received and reviewed the Joint Status Report Pursuant to August 

10, 2021 Order Denying Cobra Acquisitions LLC’s Motion to Lift the Stay Order (Docket Entry 

No. 19835 in Case No. 17-3283 and Docket Entry No. 2690 in Case No. 17-4780, the “Status 

1 The Debtors in these Title III Cases, along with each Debtor’s respective Title III case 

number and the last four (4) digits of each Debtor’s federal tax identification number, as 

applicable, are the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17-BK3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax 

Financing Corporation (“COFINA”) (Bankruptcy Case No. 17-BK-3284-LTS) (Last Four 

Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and Transportation 

Authority (“HTA”) (Bankruptcy Case No. 17-BK-3567-LTS) (Last Four Digits of 

Federal Tax ID: 3808); (iv) Employees Retirement System of the Government of the 

Commonwealth of Puerto Rico (“ERS”) (Bankruptcy Case No. 17-BK-3566-LTS) (Last 

Four Digits of Federal Tax ID: 9686); (v) Puerto Rico Electric Power Authority 

(“PREPA”) (Bankruptcy Case No. 17-BK-4780-LTS) (Last Four Digits of Federal Tax 

ID: 3747); and (vi) Puerto Rico Public Buildings Authority (“PBA”) (Bankruptcy Case 

No. 19-BK-5523-LTS) (Last Four Digits of Federal Tax ID: 3801) (Title III case 

numbers are listed as Bankruptcy Case numbers due to software limitations).

Case:17-03283-LTS Doc#:19897 Filed:01/26/22 Entered:01/26/22 09:53:35 Desc: Main

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220126 ORD RE COBRA STATUS REPORT VERSION JANUARY 26, 2022 2

Report”), filed by the Parties.2 For the reasons stated on the record at the August 4, 2021,

omnibus hearing and those set forth in the Court’s Order Denying Cobra Acquisitions LLC’s 

Motion to Lift the Stay Order (Docket Entry No. 17729 in Case No. 17-3283 and Docket Entry 

No. 2590 in Case No. 17-4780), the stay that was originally imposed by the Order Granting 

Joint Urgent Motion of the Oversight Board, PREPA, and AAFAF to Extend All Applicable 

Deadlines to Cobra Acquisition LLC’s Motion for Allowance and Payment of Administrative 

Expense Claims (Docket Entry No. 8886 in Case No. 17-3283 and Docket Entry No. 1670 in 

Case No. 17-4780), will remain in effect. The Parties are directed to file a further status report

addressing (i) the status of FEMA’s review of Cobra’s First and Second Contract, (ii) the status 

of any administrative appeals in connection with FEMA’s determinations regarding the First and 

Second Contract, and (iii) the status of the Criminal Case by July 25, 2022, at 5:00 p.m. 

(Atlantic Standard Time). 

SO ORDERED.

Dated: January 26, 2022

 /s/ Laura Taylor Swain 

LAURA TAYLOR SWAIN 

United States District Judge

2 Capitalized terms used but not defined herein shall have the meanings ascribed to them in 

the Status Report.

Case:17-03283-LTS Doc#:19897 Filed:01/26/22 Entered:01/26/22 09:53:35 Desc: Main

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