UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

---------------------------------------------------------------------- x

:

In re: :

:

THE FINANCIAL OVERSIGHT AND : PROMESA

MANAGEMENT BOARD FOR PUERTO RICO, : Title III

:

as representative of : Case No. 17-BK-3283 (LTS)

:

THE COMMONWEALTH OF PUERTO RICO et al., : (Jointly Administered)

:

Debtors.1:

---------------------------------------------------------------------- x

:

In re: :

:

THE FINANCIAL OVERSIGHT AND : PROMESA

MANAGEMENT BOARD FOR PUERTO RICO, : Title III

:

as representative of : Case No. 17-BK-3566 (LTS)

:

THE EMPLOYEES RETIREMENT SYSTEM OF THE 

GOVERNMENT OF THE COMMONWEALTH OF 

PUERTO RICO (“ERS”),

: This filing relates only to Debtor 

ERS and shall be filed in the lead 

Case No. 17-BK-3283 (LTS) and 

Case No. 17-BK-3566 (LTS)

:

:

:

Debtor. :

---------------------------------------------------------------------- x

JOINDER OF OFFICIAL COMMITTEE OF UNSECURED CREDITORS 

IN ERS’S OPPOSITION TO THE PUERTO RICO FUNDS’ MOTION

CONDITIONING THE AUTOMATIC STAY ON THE CONTINUATION 

OF ERS BONDHOLDER PROTECTIONS OR, ALTERNATIVELY, 

TO ENFORCE THE COURT’S JULY 17, 2017 ORDER

 

1 The Debtors in these title III cases, along with each Debtor’s respective title III case number listed as a 

bankruptcy case number due to software limitations and the last four (4) digits of each Debtor’s federal tax 

identification number, as applicable, are the (i) Commonwealth of Puerto Rico (the “Commonwealth”) 

(Bankruptcy Case No. 17-BK-3283 (LTS)) (Last Four Digits of Federal Tax ID: 3481), (ii) 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), (iii) Puerto Rico Highways and Transportation 

Authority (“HTA”) (Bankruptcy Case No. 17-BK-3567 (LTS)) (Last Four Digits of Federal Tax ID: 3808), and 

(iv) Puerto Rico Sales Tax Financing Corporation (“COFINA”) (Bankruptcy Case No. 17-BK-3284 (LTS)) 

(Last Four Digits of Federal Tax ID: 8474).

Case:17-03283-LTS Doc#:1983 Filed:12/12/17 Entered:12/12/17 20:03:26 Desc: Main

Document Page 1 of 3
To the Honorable United States District Court Judge Laura Taylor Swain:

The Official Committee of Unsecured Creditors of all title III Debtors (other than 

COFINA) (the “Committee”) hereby submits this joinder (the “Joinder”), to ERS’s Opposition to 

the Puerto Rico Funds’ Motion Conditioning the Automatic Stay on the Continuation of ERS 

Bondholder Protections or, Alternatively, to Enforce the Court’s July 17, 2017 Order, dated 

December 12, 2017 [Docket No. 1978]

2

(the “Opposition”) and respectfully states as follows:

1. On November 28, 2017, certain creditors holding bonds issued by ERS filed The 

Puerto Rico Funds’ Motion Conditioning the Automatic Stay on the Continuation of ERS 

Bondholder Protections or, Alternatively, to Enforce the Court’s July 17, 2017 Order [Docket 

No. 1866] (the “Motion”). On December 12, 2017, ERS filed the Opposition. 

2. The Committee hereby joins ERS in opposing the Motion for the reasons stated in 

the Opposition.

[Remainder of page intentionally left blank.]

 

2 References to docket numbers shall be to the docket of the Commonwealth’s title III case.

Case:17-03283-LTS Doc#:1983 Filed:12/12/17 Entered:12/12/17 20:03:26 Desc: Main

Document Page 2 of 3
WHEREFORE, the Committee respectfully requests that the court enter an order denying

the Motion.

Dated: December 12, 2017

San Juan, Puerto Rico

/s/ G. Alexander Bongartz .

PAUL HASTINGS LLP

Luc. A. Despins, Esq. (Pro Hac Vice)

James R. Bliss, Esq. (Pro Hac Vice)

James B. Worthington, Esq. (Pro Hac Vice)

G. Alexander Bongartz, Esq. (Pro Hac Vice)

200 Park Avenue 

New York, New York 10166

Telephone: (212) 318-6000 

lucdespins@paulhastings.com 

jamesbliss@paulhastings.com

jamesworthington@paulhastings.com

alexbongartz@paulhastings.com

Counsel to the Official Committee of Unsecured 

Creditors

- and -

/s/ Juan J. Casillas Ayala .

CASILLAS, SANTIAGO & TORRES LLC

Juan J. Casillas Ayala, Esq., USDC - PR 218312

Diana M. Batlle-Barasorda, Esq., USDC - PR 213103

Alberto J. E. Añeses Negrón, Esq., USDC - PR 302710

Ericka C. Montull-Novoa, Esq., USDC - PR 230601 

El Caribe Office Building

53 Palmeras Street, Ste. 1601

San Juan, Puerto Rico 00901-2419

Telephone: (787) 523-3434

jcasillas@cstlawpr.com

dbatlle@cstlawpr.com

aaneses@cstlawpr.com 

emontull@cstlawpr.com

Local Counsel to the Official Committee of Unsecured 

Creditors

Case:17-03283-LTS Doc#:1983 Filed:12/12/17 Entered:12/12/17 20:03:26 Desc: Main

Document Page 3 of 3