UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

 

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 (Bankruptcy Case No. 17-BK-3284-LTS) 

(Last Four Digits of Federal Tax ID: 8474); (iii) Puerto Rico Highways and Transportation Authority 

(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 (Bankruptcy Case No. 17-

BK-3566-LTS) (Last Four Digits of Federal Tax ID: 9686); (v) Puerto Rico Electric Power Authority 

(Bankruptcy Case No. 17-BK-4780-LTS) (Last Four Digits of Federal Tax ID: 3747); and (vi) Puerto Rico 

Public Buildings Authority (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). 

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 

Case No. 17-BK-3283-LTS 

(Jointly Administered) 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

 as a representative of 

PUERTO RICO ELECTRIC POWER AUTHORITY, 

 Debtor. 

PROMESA Title III 

Case No. 17-BK-4780-LTS 

Case:17-03283-LTS Doc#:23432 Filed:01/30/23 Entered:01/30/23 15:05:43 Desc: Main

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THE FINANCIAL OVERSIGHT AND MANAGEMENT 

BOARD FOR PUERTO RICO, 

as representative of 

PUERTO RICO ELECTRIC POWER AUTHORITY,

Plaintiff/ 

CounterclaimDefendant, 

PUERTO RICO FISCAL AGENCY AND FINANCIAL 

ADVISORY AUTHORITY, THE OFFICIAL COMMITTEE 

OF UNSECURED CREDITORS OF ALL TITLE III 

DEBTORS, UNION DE TRABAJADORES DE LA 

INDUSTRIA ELECTRICA Y RIEGO INC., AND SISTEMA 

DE RETIRO DE LOS EMPLEADOS DE LA AUTORIDAD 

DE ENERGIA ELECTRICA, 

Plaintiff-Intervenors, 

v. 

U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, 

Defendant/ 

CounterclaimPlaintiff, 

THE AD HOC GROUP OF PREPA BONDHOLDERS, 

ASSURED GUARANTY CORP., ASSURED GUARANTY 

MUNICIPAL CORP., NATIONAL PUBLIC FINANCE 

GUARANTEE CORPORATION, AND SYNCORA 

GUARANTEE, INC., 

DefendantIntervenors/ 

CounterclaimPlaintiffs. 

Adv. Proc. No. 19-00391-LTS 

PROMESA Title III 

THE FINANCIAL OVERSIGHT AND MANAGEMENT 

BOARD FOR PUERTO RICO, 

 as a representative of 

PUERTO RICO ELECTRIC POWER AUTHORITY, 

 Movant, 

Adv. Proc. No. 19-00391-LTS 

PROMESA Title III 

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INFORMATIVE MOTION OF THE FINANCIAL OVERSIGHT AND MANAGEMENT 

BOARD OF PUERTO RICO, AS TITLE III REPRESENTATIVE OF THE PUERTO 

RICO ELECTRIC POWER AUTHORITY REGARDING EXHIBITS AND 

DEMONSTRATIVES IN CONNECTION WITH THE HEARING ON THE MOTIONS 

FOR SUMMARY JUDGMENT 

v. 

U.S. BANK NATIONAL ASSOCIATION, AS TRUSTEE, 

Defendant/ 

CounterclaimPlaintiff, 

THE AD HOC GROUP OF PREPA BONDHOLDERS, 

ASSURED GUARANTY CORP., ASSURED GUARANTY 

MUNICIPAL CORP., NATIONAL PUBLIC FINANCE 

GUARANTEE CORPORATION, AND SYNCORA 

GUARANTEE, INC., 

 Defendant-Intervenors/ 

 Counterclaim-Plaintiffs. 

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1 

The Financial Oversight and Management Board for Puerto Rico (the “Oversight Board”), 

as Title III representative of Puerto Rico Electric Power Authority (“PREPA”), pursuant to section 

315(b) of the Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), 

respectfully submits this informative motion regarding exhibits and demonstratives in connection 

with the February 1, 2023 Hearing on the Summary Judgment Motions2 pursuant to paragraph 8 

of the Court’s January 12, 2023 Order Regarding Procedures for Hearing on February 1-2, 2023, 

Omnibus Hearing [Case No. 17-3283, ECF No. 23253]. 

1. Below is a list of exhibits and demonstratives the Oversight Board may rely on at 

the February 1, 2023 Hearing on the Summary Judgment Motions. The Oversight Board continues 

to rely on the entirety of their written submissions on the Summary Judgment Motions, including 

all demonstratives and exhibits attached thereto, and reserves the right to modify this exhibit list 

and refer to any exhibit or demonstrative identified in any other parties’ informative motion 

pursuant to paragraph 8 of the Court’s January 12, 2023 Order Regarding Procedures for Hearing 

on February 1-2, 2023, Omnibus Hearing. 

Name of Party The Financial Oversight and Management 

Board for Puerto Rico

Does the Party intend to offer evidence? Yes 

Docket Entry No. for Party Exhibit List N/A 

2

 The “Summary Judgment Motions” are the: (1) Notice of Motion and Motion of the Financial Oversight and 

Management Board of Puerto Rico, as Title III Representative of the Puerto Rico Electric Power Authority, for 

Summary Judgment Pursuant to Bankruptcy Rule 7056 (Case No. 19-ap-391, ECF No. 62); and (2) Memorandum in 

Support of Defendant/Counterclaim-Plaintiff’s and Intervenor-Defendants/Counterclaim-Plaintiffs’ Motion for 

Summary Judgment Against Plaintiffs/Counterclaim-Defendants (Case No. 19-ap-391, ECF No. 62). 

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2 

Oversight 

Board Ex. / 

Demonstrative 

Description ECF 

Location3

Pending 

Request 

to Seal? 

PREPA 

Demonstrative 

No. 1 

Form of Bond Excerpted from Joint Conformed 

Trust Agreement (ECF No. 118-1 at 7-12) 

(highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 2 

Words of Agreement Clause Excerpted from Joint 

Conformed Trust Agreement (ECF No. 118-1 at 16) 

(highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 3 

Portions of Section 507 Excerpted from Joint 

Conformed Trust Agreement (ECF No. 118-1 at 78) 

(highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 4 

Portions of Sections 503, 505-512 Excerpted from 

Joint Conformed Trust Agreement (ECF No. 118-1 

at 70, 74, 79, 81, 83-85) (highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 5 

Section 701 Excerpted from Joint Conformed Trust 

Agreement (ECF No. 118-1 at 93) (highlighting 

added) 

N/A No 

PREPA 

Demonstrative 

No. 6 

Portions of Sections 804-805 Excerpted from Joint 

Conformed Trust Agreement (ECF No. 118-1 at 107-

108) (highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 7 

Opinions of Counsel Excerpted from Official 

Statement filed by PREPA on August 16, 2013, in 

connection with PREPA’s Issuance of Power 

Revenue Bonds, Series 2013A (ECF No. 66-22 at 

226-229) (highlighting added) 

N/A No 

PREPA 

Demonstrative 

No. 8 

Specimen Bond for the Power Revenue Bonds, 

Series 2013A (ECF No. 66-23) (highlighting added) 

N/A No 

PREPA Ex. 1 Joint Conformed Trust Agreement 118-1 No 

PREPA Ex. 2 Official Statement filed by PREPA on August 16, 

2013, in connection with PREPA’s Issuance of 

Power Revenue Bonds, Series 2013A 

66-22 No 

3All docket references in this table refer to those in Adv. Proc. No. 19-00391-LTS 

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Oversight 

Board Ex. / 

Demonstrative 

Description ECF 

Location3

Pending 

Request 

to Seal? 

PREPA Ex. 3 Specimen Bond for the Power Revenue Bonds, 

Series 2013A 

66-23 No 

PREPA Ex. 4 Financing Statements Naming PREPA as the Debtor 

(using both PREPA’s English name and Spanish 

name) 

65-2 & 

65-3 

No 

PREPA Ex. 5 Declaration of Nelson Morales in Respect of Motion 

of the Puerto Rico Electric Power Authority, by and

Through the Financial Oversight and Management 

Board for Puerto Rico, for Summary Judgment 

Pursuant to Bankruptcy Rule 7056 

66 No 

2. The demonstratives and exhibits listed above are attached in the following volumes: 

Volume I: PREPA Demonstrative Nos. 1-8

 Volume II: PREPA Exhibits Nos. 1-3

Volume III.A: PREPA Exhibit No. 4A 

Volume III.B: PREPA Exhibit No. 4B

Volume IV: PREPA Exhibit No. 5 

[Remainder of Page Intentionally Left Blank] 

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Dated: January 30, 2023 

 San Juan, Puerto Rico 

Respectfully submitted, 

/s/ Martin J. Bienenstock

Martin J. Bienenstock 

Ehud Barak 

Margaret A. Dale 

Jeff W. Levitan 

Michael T. Mervis 

Daniel S. Desatnik 

Elliot R. Stevens 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

Eleven Times Square 

New York, NY 10036 

Tel: (212) 969-3000 

Fax: (212) 969-2900 

Steven O. Weise 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

2029 Century Park East, Suite 2400 

Los Angeles, CA 90067 

Tel: (310) 557-2900 

Fax: (310) 557-2193 

Paul V. Possinger 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

70 West Madison, Suite 3800 

Chicago, IL 60602 

Tel: (312) 962-3550 

Fax: (312) 962-3551 

William D. Dalsen 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

One International Place 

Boston, MA 02110 

Tel: (617) 526-9600 

Fax: (617) 526-9899 

Mee Rina Kim 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

1001 Pennsylvania Avenue N.W. 

Suite 600 South

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Washington, DC 20004 

Tel: (202) 416-6800 

Fax: (202) 416-6899 

Jared M. DuBosar 

(Admitted Pro Hac Vice) 

PROSKAUER ROSE LLP

2255 Glades Road, Suite 421 Atrium 

Boca Raton, FL 33431 

Tel: (561) 241-7400 

Fax: (561) 241-7145 

Attorneys for the Financial 

Oversight and Management Board 

as sole Title III representative for PREPA 

/s/ Luis F. del Valle-Emmanuelli

 Luis F. del Valle-Emmanuelli 

USDC-PR No. 209514 

P.O. Box 79897 

Carolina, Puerto Rico 00984-9897 

Tel. 787.647.3503 

Fax. N/A 

dvelawoffices@gmail.com 

Of Counsel for A&S Legal Studio, PSC 

434 Avenida Hostos 

San Juan, PR 00918 

Tel (787) 751-6764/763-0565 

Fax (787) 763-8260 

Co-Attorney for the Financial 

Oversight and Management Board 

as Representative for PREPA 

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