220131 ORD RE IMO INVESTMENT REPLY VERSION JANUARY 31, 2022 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

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In re: PROMESA

Title III

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of No. 17 BK 3283-LTS

THE COMMONWEALTH OF PUERTO RICO, (Jointly Administered)

et al.,

Debtors.1

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ORDER REGARDING REPLY TO THE MOTION 

FOR RELIEF FROM THE AUTOMATIC STAY

The Court has received and reviewed the Reply to the Response of the 

Commonwealth of Puerto Rico (Docket Entry No. 19851 in Case No. 17-3283, the “Reply”),

filed by IMO Investment S.E., Israel Santiago-Lugo, Celenia Reyes-Padilla, Jason SantiagoRosado, Israel Santiago-Rosado, and Daniel Santiago-Rosado (the “Movants”). The Reply was 

filed with the Clerk’s Office on January 20, 2022, in connection with Movant’s Motion for Relief 

from the Automatic Stay (Docket Entry No. 19480 in Case No. 17-3283). Pursuant to the Court’s 

Order Scheduling Briefing of Motion for Relief from the Automatic Stay (Docket Entry No. 

19493), Movants’ reply papers had been due on December 29, 2021. On January 5, 2022, the 

Court issued its Memorandum Order Granting in Part and Denying in Part Motion for Relief 

from the Automatic Stay (Docket Entry No. 19669 in Case No. 17-3283, “the Lift Stay Order”). 

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#:19957 Filed:01/31/22 Entered:01/31/22 14:38:41 Desc: Main

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220131 ORD RE IMO INVESTMENT REPLY VERSION JANUARY 31, 2022 2

Movants acknowledge that the Reply was due December 29, 2021. (Reply at 1 

n.1.) However, Movants represent that a prison facility quarantine from December 28, 2021, to 

January 6, 2022, prevented Movants’ access to the law library. (Id.) The Court has, accordingly

reviewed the Reply. It provides no material information that warrants reconsideration or further 

modification of the limited stay relief imposed by the Court’s Lift Stay Order. Therefore, the 

Lift Stay Order stands and the automatic stay is modified only to the extent expressly set forth in 

the Lift Stay Order. 

SO ORDERED.

Dated: January 31, 2022

 /s/ Laura Taylor Swain 

LAURA TAYLOR SWAIN

United States District Judge

Case:17-03283-LTS Doc#:19957 Filed:01/31/22 Entered:01/31/22 14:38:41 Desc: Main

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