Hearing Date: June 7, 2023, at 9:30 am (AST)

or as otherwise ordered by the Court

Objection Deadline: May 23, 2023, at 4:00 p.m. (AST) (for parties other than the Fee Examiner)

UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO

-------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

 as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al.

 Debtors.1

-------------------------------------------------------------x

PROMESA

Title III

No. 17 BK 3283-LTS

(Jointly Administered)

NOTICE OF HEARING ON FINAL APPLICATION OF 

PHOENIX MANAGEMENT SERVICES, LLC, FINANCIAL ADVISOR TO THE 

MEDIATION TEAM, FOR ALLOWANCE OF COMPENSATION FOR SERVICES 

RENDERED FOR THE PERIOD AUGUST 4, 2017 THROUGH JANUARY 21, 2022

PLEASE TAKE NOTICE that a hearing on the Final Application of Phoenix Management 

Services, LLC, Financial Advisor to the Mediation Team, for Allowance of Compensation for Services 

Rendered for the Period August 4, 2017 through January 21, 2022 (the “Application”), filed February 6,

2023, will be held before the Honorable Laura Taylor Swain, United States District Court Judge, in the 

United States District Court for the District of Puerto Rico, 150 Carlos Chardón Street, Federal Building, 

Office 150, San Juan, Puerto Rico 00918-1767 (the “Court”), on June 7, 2023, at 9:30 a.m. (Atlantic 

Standard Time) or at such other place and time as ordered by the Court.

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”) (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).

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PLEASE TAKE FURTHER NOTICE that any response or objection (any “Objection”)

to the Application by parties other than the Fee Examiner must be in writing, must conform to the

Federal Rules of Bankruptcy Procedure and the Local Bankruptcy Rules for the District of Puerto Rico, 

must be filed with the Court (a) by attorneys practicing in the Court, including attorneys admitted pro 

hac vice, electronically in accordance with Rule 5 of the Local Rules for the District of Puerto Rico, and 

(b) by all other parties in interest, on a CD-ROM, in text-searchable portable document format (PDF), to 

the extent applicable, and shall be served in accordance with the Court’s Order (A) Imposing and 

Rendering Applicable Local Bankruptcy Rules to These Title III Cases, (B) Authorizing Establishment of 

Certain Notice, Case Management, and Administrative Procedures, and (C) Granting Related Relief, as 

amended (ECF Nos. 249, 20190) and Interim Compensation Order, Including the Due Date and 

Hearing Date for Interim Compensation (ECF Nos. 1594, 3269, 20564), so as to be filed and received 

no later than May 23, 2023 (the “Objection Deadline”).

PLEASE TAKE FURTHER NOTICE that if an Objection to the Application is not

received by the Objection Deadline, the relief requested shall be deemed unopposed, and the Court may 

enter an order granting the relief sought without a hearing pursuant to the case management procedures.

[Remainder of page left intentionally blank]

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Dated: February 6, 2023 Respectfully submitted,

/s/ Hermann D. Bauer 

Hermann D. Bauer 

USDC No. 215205 

O’NEILL & BORGES LLC 

250 Muñoz Rivera Ave., Suite 800 

San Juan, Puerto Rico 00918-1813 

Tel: (787) 764-8181 

Fax: (787) 753-8944 

s/ Martin J. Bienenstock 

Martin J. Bienenstock* 

Brian S. Rosen* 

(*Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP 

Eleven Times Square 

New York, New York 10036 

Tel: (212) 969-3000 

Fax: (212) 969-2900 

Attorneys for the Financial Oversight and 

Management Board for Puerto Rico

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