221213 ORD GRANTING FEE EXAMINER FEE APP.DOCX VERSION DECEMBER 13, 2022 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

In re

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

As a representative of 

THE COMMONWEALTH OF PUERTO RICO

et al.,

Debtors.1

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PROMESA

Title III

No. 17 BK 3283-LTS

(Jointly Administered)

Re: Dkt. No. 22847

ORDER ALLOWING TENTH INTERIM AND CONSOLIDATED SEMIANNUAL 

APPLICATION OF THE FEE EXAMINER AND GODFREY & KAHN, S.C. BUT

ADJOURNING ONLY THE TAX WITHHOLDING ISSUE

This matter coming before the Court on the Tenth Interim and Consolidated 

Semiannual Application of the Fee Examiner and Godfrey & Kahn, S.C., Counsel to the Fee 

Examiner, for Allowance of Compensation for Services Rendered and Reimbursement of Expenses 

for the Period From April 1, 2022 Through September 30, 2022 (Docket Entry No. 22847 in Case 

No. 17-3283) (the “Application”), pursuant to section 316 of the Puerto Rico Oversight, 

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 BK 3283-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); and, (v) Puerto Rico Electric Power Authority 

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

ID: 3747) 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).

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221213 ORD GRANTING FEE EXAMINER FEE APP.DOCX VERSION DECEMBER 13, 2022 2

Management and Economic Stability Act (“PROMESA”), 48 U.S.C. §§ 2101-2241, and 

Rule 2016 of the Federal Rules of Bankruptcy Procedure, for the interim allowance of certain fees

and expenses, including all holdbacks, incurred by the applicants for the specific period of time 

set forth in the Application (the “Compensation Period”), filed in accordance with the Third

Amended Order Setting Procedures for Interim and Final Compensation and Reimbursement of 

Expenses of Professionals (Docket Entry No. 20546) (the “Interim Compensation Order”), the 

Sixteenth Amended Notice, Case Management and Administrative Procedures (Docket Entry 

No. 20190-1) (the “Case Management Procedures”), the First Amended Order Pursuant to 

PROMESA Sections 316 and 317 and Bankruptcy Code Section 105(A) Appointing a Fee 

Examiner and Related Relief (Docket Entry No. 3324) (the “Fee Examiner Order”), and the Order 

Authorizing the Employment of Godfrey & Kahn, S.C. as Counsel to the Fee Examiner (Docket 

Entry No. 1993), and the Court having reviewed the Application; and the Court finding that:

(a) the Court has jurisdiction over this matter pursuant to PROMESA section 306(a); and 

(b) notice of the Application and the hearing thereon was adequate under the circumstances; and 

(c) all parties with notice of the Application have been afforded the opportunity to be heard on the 

Application, and no objections having been filed; now therefore 

IT IS HEREBY ORDERED THAT:

1. The Application is GRANTED IN PART on an interim basis as set forth 

herein.

2. The applicants are allowed (a) $893,779.30 in interim compensation for 

services rendered during the Compensation Period, and (b) $103.90 in interim reimbursement for 

actual and necessary expenses incurred during the Compensation Period, including any and all 

holdbacks.

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221213 ORD GRANTING FEE EXAMINER FEE APP.DOCX VERSION DECEMBER 13, 2022 3

3. The matter of $116,526.30 in tax withholdings, the refund of which was 

part of the Application, will be adjourned to the February 1, 2023 omnibus hearing date.

4. To the extent not already paid pursuant to the Interim Compensation Order, 

the Debtors are hereby authorized and directed to pay the applicants—within 15 days of the entry 

of this order—100 percent of the fees for services rendered, 100 percent of the expenses incurred 

during the Compensation Period, but, pending further hearing, no part of the previously-withheld 

tax withholdings described above shall be paid.

Dated: December 13, 2022.

/s/ Laura Taylor Swain

THE HONORABLE LAURA TAYLOR SWAIN

UNITED STATES DISTRICT COURT JUDGE

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