221214 ORD RE PREPA EXT MOT VERSION DECEMBER 14, 2022 1

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

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

PROMESA

Title III

No. 17-BK-4780-LTS

(Jointly Administered)

RE: ECF No. 3013

ORDER GRANTING SECOND URGENT MOTION OF THE FINANCIAL 

OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO REQUESTING 

EXTENSION OF FILING DEADLINE TO DECEMBER 16, 2022 AUTOMATICALLY 

EXTENDABLE THROUGHT DECEMBER 21, 2022 FOR SUBMISSION OF PREPA 

PLAN OF ADJUSTMENT, DISCLOSURE STATEMENT, & RELATED MOTIONS 

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”) (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#:23069 Filed:12/14/22 Entered:12/14/22 16:44:12 Desc: Main

Document Page 1 of 3
221214 ORD RE PREPA EXT MOT VERSION DECEMBER 14, 2022 2

Upon the Second Urgent Motion of the Financial Oversight and Management 

Board for Puerto Rico Requesting Extension of Filing Deadline to December 16, 2022 for

Submission of PREPA Plan of Adjustment, Disclosure Statement, & Related Motions (Docket 

Entry No. 23064 in Case No. 17-3283 and Docket Entry No. 3108 in Case No. 17-4780) (the 

“Extension Motion”);2 and the Court having found that the relief requested in the Extension 

Motion is in the best interests of the Debtor; and the Court having found that the Debtor provided 

adequate and appropriate 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 requested relief in the Extension Motion is granted as set forth herein. 

2. The December 13, 2022 deadline set forth in the Order Granting Urgent Motion of the 

Financial Oversight and Management Board for Puerto Rico Requesting Extension of 

Filing Deadline to December 13, 2022, for Submission of PREPA Plan of Adjustment, 

Disclosure Statement & Related Motions (Docket Entry No. 23034 in Case No. 17-

3283 and Docket Entry No. 3106 in Case No. 17-4780) for the Oversight Board to file 

a proposed plan of adjustment for PREPA, corresponding disclosure statement, and 

related motions is extended through December 16, 2022, at 11:59 p.m. (AST), which, 

in turn, shall be automatically extended through December 21, 2022, at 11:59 p.m. 

(AST) if the Oversight Board advises the Mediation Team and the Bondholders’ 

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

in the Extension Motion. 

Case:17-03283-LTS Doc#:23069 Filed:12/14/22 Entered:12/14/22 16:44:12 Desc: Main

Document Page 2 of 3
221214 ORD RE PREPA EXT MOT VERSION DECEMBER 14, 2022 3

attorneys by December 16, 2022, at 11:59 p.m. (AST) that it would make a material 

change in position.

3. The proposed confirmation schedule shall contemplate a confirmation hearing in July

2023. This Order does not amend any litigation deadlines. 

4. This Order resolves Docket Entry No. 23064 in Case No. 17-3283 and Docket Entry 

No. 3108 in Case No. 17-4780.

Dated: December 14, 2022

/s/ Laura Taylor Swain

Laura Taylor Swain

United States District Court Judge

Case:17-03283-LTS Doc#:23069 Filed:12/14/22 Entered:12/14/22 16:44:12 Desc: Main

Document Page 3 of 3