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

No. 17 BK 3283-LTS

(Jointly Administered)

ORDER GRANTING SECOND INTERIM FEE APPLICATION OF 

CONTINENTAL PLLC AS SPECIAL LITIGATION COUNSEL TO 

OFFICIAL COMMITTEE OF UNSECURED CREDITORS, FOR 

SERVICES RENDERED AND REIMBURSEMENT OF EXPENSES FOR

THE PERIOD FROM JUNE 1, 2022 THROUGH SEPTEMBER 30, 2022

Upon consideration of the Second Interim Fee Application (the “Second Interim 

Application”)

2 of Continental PLLC (“Continental”), as special litigation counsel to the Official 

Committee of Unsecured Creditors of all Title III Debtors (the “Committee”)

3

, for an order 

pursuant to sections 316 and 317 of PROMESA, section 503(b) of the Bankruptcy Code made 

applicable to these cases by section 301(a) of PROMESA, Bankruptcy Rule 2016, and Local Rule 

2016-1, for allowance of compensation and reimbursement of expenses for the period from June

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

BK-3284 (LTS)) (Last Four Digits of Federal Tax ID: 8474); (v) Puerto Rico Electric Power Authority (“PREPA”) 

(Bankruptcy Case No. 17-BK-4780) (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).

2 Capitalized terms not defined shall have the meanings ascribed to them in the Second Interim Application.

3 The Committee is the official committee of unsecured creditors for all Title III Debtors, other than PBA and COFINA.

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1, 2022 through September 30, 2022, the Court hereby FINDS AND DETERMINES that (i) the 

Court has jurisdiction to consider the Second Interim Application and the relief requested therein 

pursuant to section 306(a) of PROMESA; (ii) venue is proper before this Court pursuant to section 

307(a) of PROMESA; (iii) due and proper notice of the Second Interim Application has been 

provided under the particular circumstances and no other or further notice need be provided; (iv) 

any objections to the Second Interim Application having been resolved; (v) all persons with 

standing having been afforded the opportunity to be heard on the Second Interim Application; and 

after due deliberation and sufficient cause appearing therefor, it is hereby ORDERED THAT:

1. The Second Interim Application is granted on an interim basis.

2. Continental’s claim for fees and expenses for services rendered during the 

Application Period and reimbursement for actual and necessary expenses incurred during the 

Application Period are hereby allowed in the amounts of $273,196.00 and $1,813.58, respectively.

3. To the extent the amounts described in paragraph 2 hereof have not already been 

paid pursuant to the Interim Compensation Order, (a) the Debtors are directed to pay Continental 

the outstanding fees in the amount of $21,855.68 which represents 100% of the fees requested

within fourteen days of the date of this Order, and any such payment shall be made net of any 

payments made by the Debtors pursuant to the Interim Compensation Order, withholding or other 

applicable taxes, and (b) the Debtors are directed to reimburse Continental for its outstanding 

expenses in the amount of $0.00, which represents 100% of the expenses requested within fourteen 

days of the date of this Order.

4. This Court shall retain jurisdiction to hear and determine all matters arising from 

the implementation of this Order.

5. Continental is authorized and empowered to take all necessary actions to implement 

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the relief granted in this Order.

6. Notwithstanding the possible applicability of Bankruptcy Rules 6006(d), 7062, 

9014, or otherwise, the terms and conditions of this Order shall be immediately effective and 

enforceable upon its entry.

7. All time periods set forth in this Order shall be calculated in accordance with 

Bankruptcy Rule 9006(a).

Dated:_____________, 2022.

 

_______________________________________

HON. LAURA TAYLOR SWAIN 

UNITED STATES DISTRICT JUDGE

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