IN THE 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) 

In re: 

THE FINANCIAL OVERSIGHT AND MANAGEMENT 

BOARD FOR PUERTO RICO, 

as representative of 

THE PUERTO RICO ELECTRIC POWER AUTHORITY, 

Debtor. 

PROMESA Title III 

No. 17-BK-4780-LTS 

 

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 (“Commonwealth”) (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 04780-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#:23135 Filed:12/21/22 Entered:12/21/22 16:50:16 Desc: Main

Document Page 1 of 4
PARTIAL JOINDER OF ASSURED GUARANTY CORP. AND 

ASSURED GUARANTY MUNICIPAL CORP. TO THE LIMITED OBJECTION OF 

THE AD HOC GROUP OF PREPA BONDHOLDERS TO THE URGENT MOTION 

OF PUERTO RICO ELECTRIC POWER AUTHORITY FOR ORDER 

(I) SCHEDULING A HEARING TO CONSIDER THE ADEQUACY OF 

INFORMATION CONTAINED IN THE DISCLOSURE STATEMENT, 

(II) ESTABLISHING THE DEADLINE FOR FILING OBJECTIONS TO THE 

DISCLOSURE STATEMENT AND REPLIES THERETO, (III) APPROVING FORM 

AND MANNER OF NOTICE THEREOF, (IV) ESTABLISHING DOCUMENT 

DEPOSITORY PROCEDURES IN CONNECTION THEREWITH, AND 

(V) GRANTING RELATED RELIEF [ECF NO. 3127] 

Assured Guaranty Corp. and Assured Guaranty Municipal Corp. (together, “Assured”) 

hereby respectfully submit this partial joinder (the “Partial Joinder”) to the Limited Objection of 

the Ad Hoc Group of PREPA Bondholders to the Urgent Motion of Puerto Rico Electric Power 

Authority for Order (I) Scheduling a Hearing to Consider the Adequacy of Information Contained 

in the Disclosure Statement, (II) Establishing the Deadline for Filing Objections to the Disclosure 

Statement and Replies Thereto, (III) Approving Form and Manner of Notice Thereof, (IV) 

Establishing Document Depository Procedures in Connection Therewith, and (V) Granting 

Related Relief [ECF No. 3112] (ECF No 3127,2 the “Limited Objection”).3 Assured respectfully 

states as follows: 

1. Assured joins the Limited Objection to the extent it seeks an earlier start to 

discovery and shares the concerns expressed about delaying the start of discovery until March of 

2023. 

2. Assured otherwise reserves all of its rights with respect to the Urgent Motion and 

any related filings and reserves the ability to comment on the Plan at the appropriate time. 

 

2

 “ECF No.” refers to documents filed in Case No. 17-BK-4780-LTS, unless otherwise noted. 

3

 Capitalized terms used in this Partial Joinder, but not defined herein, shall have the meanings ascribed to 

them in the Limited Objection. 

Case:17-03283-LTS Doc#:23135 Filed:12/21/22 Entered:12/21/22 16:50:16 Desc: Main

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Dated: New York, New York 

 December 21, 2022 

CASELLAS ALCOVER & BURGOS 

P.S.C. 

By: /s/ Heriberto Burgos Perez 

Heriberto Burgos Pérez 

USDC-PR No. 204,809 

Ricardo F. Casellas-Sánchez 

USDC-PR No. 203,114 

Diana Pérez-Seda 

USDC–PR No. 232,014 

P.O. Box 364924 

San Juan, PR 00936-4924 

Tel.: (787) 756-1400 

Fax: (787) 756-1401 

E-mail: hburgos@cabprlaw.com 

 rcasellas@cabprlaw.com 

 dperez@cabprlaw.com 

Counsel for Assured Guaranty Corp. and 

Assured Guaranty Municipal Corp. 

CADWALADER, WICKERSHAM & TAFT 

LLP 

By: /s/ Howard R. Hawkins, Jr. 

Howard R. Hawkins, Jr.* 

Mark C. Ellenberg* 

Casey J. Servais* 

William J. Natbony* 

Thomas J. Curtin* 

200 Liberty Street 

New York, New York 10281 

Tel.: (212) 504-6000 

Fax: (212) 406-6666 

Email: howard.hawkins@cwt.com 

 mark.ellenberg@cwt.com 

 casey.servais@cwt.com 

 bill.natbony@cwt.com 

 thomas.curtin@cwt.com 

 

*Admitted Pro Hac Vice 

Counsel for Assured Guaranty Corp. and 

Assured Guaranty Municipal Corp. 

 

Case:17-03283-LTS Doc#:23135 Filed:12/21/22 Entered:12/21/22 16:50:16 Desc: Main

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CERTIFICATE OF SERVICE 

 I hereby certify that I filed this document electronically with the Clerk of the Court for 

the United States District Court for the District of Puerto Rico by using the CM/ECF system, 

which will send notification of such filing to all parties of record in the captioned case. 

At New York, New York, the 21st day of December, 2022. 

By: /s/ Howard R. Hawkins, Jr. 

 Howard R. Hawkins, Jr.* 

 * admitted pro hac vice 

Case:17-03283-LTS Doc#:23135 Filed:12/21/22 Entered:12/21/22 16:50:16 Desc: Main

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