Hearing Date: June 7, 2023 at 9:30 a.m. (ET) / 9:30 a.m. (AST) 

Objection Deadline: April 4, 2023 at 4:00 p.m. (ET) / 4:00 p.m. (AST) 

UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

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 : 

In re: : 

 : 

THE FINANCIAL OVERSIGHT AND : PROMESA 

MANAGEMENT BOARD FOR PUERTO RICO, : Title III 

 : 

 as representative of : Case No. 17-BK-3283 (LTS) 

 : 

THE COMMONWEALTH OF PUERTO RICO, et al., : (Jointly Administered) 

 : 

Debtors.1

 : 

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ORDER GRANTING THIRD INTERIM FEE APPLICATION OF LONDON 

ECONOMICS INTERNATIONAL LLC, AS FINANCIAL ADVISOR TO 

OFFICIAL COMMITTEE OF UNSECURED CREDITORS, FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES FOR PERIOD FROM 

OCTOBER 1, 2022 THROUGH JANUARY 31, 2023 

Upon consideration of the application (the “Application”)2 of London Economics 

International LLC (“LEI”), as financial advisor to the Official Committee of Unsecured 

Creditors (the “Committee”) in PREPA’s Title III Case, for an order pursuant to sections 316 

and 317 of PROMESA, and section 503(b)(1), of the Bankruptcy Code made applicable to these 

 

1

 The Debtors in these title III cases, along with each Debtor’s respective title III case number listed as a 

bankruptcy case number due to software limitations 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) 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), (iii) Puerto Rico Highways and Transportation Authority (“HTA”) (Bankruptcy Case 

No. 17-BK-3567 (LTS)) (Last Four Digits of Federal Tax ID: 3808), (iv) Puerto Rico Sales Tax Financing 

Corporation (“COFINA”) (Bankruptcy Case No. 17-BK-3284 (LTS)) (Last Four Digits of Federal Tax ID: 

8474); (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17-BK-4780) (Last Four 

Digits of Federal Tax ID: 3747); and (vi) Puerto Rico Public Buildings Authority (“PBA”) (Bankruptcy Case 

No. 19-BK-5233) (Last Four Digits of Federal Tax ID: 3801). 

2

 Capitalized terms not defined herein shall have the meanings ascribed to them in the Application. 

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cases by section 301(a) of PROMESA, Bankruptcy Rule 2016, and Local Rule 2016-1, for 

allowance of compensation and reimbursement of expenses for the period from October 1, 2023 

through January 31, 2022, the Court hereby FINDS AND DETERMINES that (i) the Court has 

jurisdiction to consider the Application and the relief requested therein pursuant to section 306(a) 

of PROMESA; (ii) venue is proper before this Court pursuant to section 307(a) of PROMESA; 

(iii) due and proper notice of the Application has been provided under the particular 

circumstances and no other or further notice need be provided; (iv) any objections to the 

Application having been resolved; (v) all persons with standing having been afforded the 

opportunity to be heard on the Application; and after due deliberation and sufficient cause 

appearing therefor, it is hereby ORDERED THAT:

1. The Application is granted on an interim basis. 

2. LEI’s claims for fees and expenses for services rendered during the Application 

Period and reimbursement for actual and necessary expenses incurred during the Application 

Period are hereby allowed in the amounts of ________ and __________, respectively. 

3. For the avoidance of doubt, nothing here modifies the Retention Order. 

4. To the extent the amounts described in paragraph 2 hereof have not already been 

paid pursuant to the Interim Compensation Order, the Debtors are directed to pay LEI the 

outstanding fees and expenses promptly, but no later than fourteen days from the date of this 

Order. 

5. This Court shall retain jurisdiction to hear and determine all matters arising from 

the implementation of this Order. 

6. The Committee and LEI are authorized and empowered to take all necessary 

actions to implement the relief granted in this Order. 

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7. Notwithstanding the possible applicability of Bankruptcy Rules 6006(d), 7062, 

9014, or otherwise, the terms and conditions of this Order shall be immediately effective and 

enforceable upon its entry. 

8. All time periods set forth in this Order shall be calculated in accordance with 

Bankruptcy Rule 9006(a). 

Dated: 

HON. LAURA TAYLOR SWAIN 

UNITED STATES DISTRICT JUDGE 

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