230308 ORD RE 521ST OMNI OBJ VERSION MARCH 8, 2023 1

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)

ORDER GRANTING FIVE HUNDRED TWENTY-FIRST OMNIBUS OBJECTION 

(SUBSTANTIVE) OF THE COMMONWEALTH OF PUERTO RICO TO 

PARTIALLY SATISFIED AND PARTIALLY NO LIABILITY CLAIMS

Upon the Five Hundred Twenty-First Omnibus Objection (Substantive) of the 

Commonwealth of Puerto Rico to Partially Satisfied and Partially No Liability Claims (Docket 

Entry No. 22256) (the “Five Hundred Twenty-First Omnibus Objection”)2 of the Commonwealth 

of Puerto Rico (the “Commonwealth”), dated September 16, 2022, for entry of an order modifying 

 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 (the “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); (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”, and together with the 

Commonwealth, COFINA, HTA, ERS, and PREPA, the “Debtors”) (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)

2 Capitalized terms not otherwise defined herein shall have the meanings given to such terms 

in the Five Hundred Twenty-First Omnibus Objection.

Case:17-03283-LTS Doc#:23728 Filed:03/08/23 Entered:03/08/23 14:19:49 Desc: Main

Document Page 1 of 3
230308 ORD RE 521ST OMNI OBJ VERSION MARCH 8, 2023 2

certain claims filed against the Debtors, as more fully set forth in the Five Hundred Twenty-First 

Omnibus Objection and supporting exhibits thereto; and the Court having jurisdiction to consider 

the Five Hundred Twenty-First Omnibus Objection and to grant the relief requested therein 

pursuant to PROMESA Section 306(a); and venue being proper pursuant to PROMESA Section 

307(a); and due and proper notice of the Five Hundred Twenty-First Omnibus Objection having 

been provided to those parties identified therein, and no other or further notice being required; and 

each of the claims identified in the column titled “Claims to Be Reduced and Allowed” in Exhibit 

A to the Five Hundred Twenty-First Omnibus Objection (collectively, the “Claims to Be 

Reduced”) having been partially satisfied and/or not giving rise to any liability of the 

Commonwealth; and the Court having determined that the relief sought in the Five Hundred 

Twenty-First Omnibus Objection is in the best interest of the Debtors, their creditors, and all the 

parties in interest; and the Court having determined that the legal and factual bases set forth in the 

Five Hundred Twenty-First Omnibus Objection establish just cause for the relief granted herein; 

and after due deliberation and sufficient cause appearing therefor, it is

ORDERED that the Five Hundred Twenty-First Omnibus Objection is GRANTED 

as set forth herein; and it is further

ORDERED that the Claims to Be Reduced are hereby modified as set forth in 

Exhibit A to the Five Hundred Twenty-First Omnibus Objection; and it is further 

ORDERED that Kroll is authorized and directed to modify the amounts of the 

Claims to Be Reduced set forth on the official claims register in the Title III Cases; and it is further

Case:17-03283-LTS Doc#:23728 Filed:03/08/23 Entered:03/08/23 14:19:49 Desc: Main

Document Page 2 of 3
230308 ORD RE 521ST OMNI OBJ VERSION MARCH 8, 2023 3

ORDERED that this Court shall retain jurisdiction to hear and determine all matters arising 

from or related to the implementation, interpretation, or enforcement of this Order.

SO ORDERED.

Dated: March 8, 2023

/s/ Laura Taylor Swain

LAURA TAYLOR SWAIN

United States District Judge

Case:17-03283-LTS Doc#:23728 Filed:03/08/23 Entered:03/08/23 14:19:49 Desc: Main

Document Page 3 of 3