221017 ORD RE SIFC LIFT STAY EXT.DOCX VERSION OCTOBER 17, 2022 1

UNITED STATES DISTRICT COURT 

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 URGENT MOTION REQUESTING EXTENSION 

OF TIME TO FILE A RESPONSE TO MOTION FOR RELIEF FROM STAY

Upon the Urgent Motion Requesting Extension of Time to File a Response to the 

Motion for Relief from Stay (Docket Entry No. 22618 in Case No. 17-3283) (the “Extension 

Motion”);2 and the Court having found it has subject matter jurisdiction over this matter pursuant 

to PROMESA section 306; and it appearing that venue in this district is proper pursuant to 

PROMESA section 307; and the Court having found that SIFC provided adequate and appropriate 

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); (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”) (Last Four Digits of Federal Tax ID: 3801) (Last Four Digits 

of Federal Tax ID: 3801) (Bankruptcy Case No. 19-BK-5523-LTS). (Title III case numbers 

are listed as Bankruptcy Case numbers due to software limitations).

2

 Capitalized terms used but not otherwise defined herein have the meanings given to them 

in the Extension Motion. 

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221017 ORD RE SIFC LIFT STAY EXT.DOCX VERSION OCTOBER 17, 2022 2

notice of the Extension Motion under the circumstances and that no other or further notice is 

required; and the Court having reviewed the Extension Motion; and the Court having determined 

that the factual bases set forth in the Extension Motion establish just cause for the relief granted 

herein; and after due deliberation and sufficient cause appearing therefor, it is HEREBY 

ORDERED THAT:

1. The Extension Motion is granted as set forth herein. 

2. The deadline to respond to the Motion for Relief is extended to November 4, 2022. 

3. The deadline for Movant to file a reply shall be extended to November 11, 2022.

4. The Court will thereafter take the Motion on submission, unless the Court determines 

that a hearing is necessary.

5. The consensual request for an extension of the briefing schedule is deemed to be 

consent to an extension of the period referenced in 11 U.S.C. § 362(e)(1) pending the 

Court’s determination of the Motion for Relief.

6. This Order resolves Docket Entry No. 22618 in Case No. 17-3283.

Dated: October 17, 2022

/s/ Laura Taylor Swain

HONORABLE LAURA TAYLOR SWAIN

UNITED STATES DISTRICT JUDGE

Case:17-03283-LTS Doc#:22623 Filed:10/17/22 Entered:10/17/22 16:04:11 Desc: Main

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