221209 ORD RE FOMB PREPA EXT MOT VERSION DECEMBER 9, 2022 1

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

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In re: PROMESA

Title III

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of No. 17 BK 3283-LTS

THE COMMONWEALTH OF PUERTO RICO (Jointly Administered)

et al.,

Debtors.1

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In re: PROMESA

Title III

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of No. 17 BK 4780-LTS

PUERTO RICO ELECTRIC POWER 

AUTHORITY,

Debtor.

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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

Upon the 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. 23033 

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-BK3283-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#:23034 Filed:12/09/22 Entered:12/09/22 11:39:05 Desc: Main

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221209 ORD RE FOMB PREPA EXT MOT VERSION DECEMBER 9, 2022 2

in Case No. 17-3283 and Docket Entry No. 3104 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 Extension Motion is granted as set forth herein.

2. The December 8, 2022 deadline set forth in the Scheduling Order for the 

Oversight Board to file a proposed plan of adjustment for PREPA, corresponding 

disclosure statement, and related motions is extended to December 13, 2022, at 

7:00 p.m. (Atlantic Standard Time)/6:00 p.m. (Eastern Standard Time).

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

July 2023.

4. This Order resolves Docket Entry No. 23033 in Case No. 17-3283 and Docket 

Entry No. 3104 in Case No. 17-4780.

SO ORDERED.

Dated: December 9, 2022

 /s/ Laura Taylor Swain 

LAURA TAYLOR SWAIN

United States District Judge

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

in the Extension Motion.

Case:17-03283-LTS Doc#:23034 Filed:12/09/22 Entered:12/09/22 11:39:05 Desc: Main

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