230618 ORD RE PREPA STATUS REPORT VERSION JUNE 18, 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

Case No. 17 BK 3283-LTS

(Jointly Administered)

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

PROMESA

Title III

Case No. 17 BK 4780-LTS

ORDER CONCERNING INFORMATIVE MOTION OF THE FINANCIAL OVERSIGHT 

AND MANAGEMENT BOARD FOR PUERTO RICO REGARDING EXTENSION 

TO JUNE 23, 2023 FOR CERTIFICATION OF 2023 PREPA FISCAL PLAN

The Court has received and reviewed the Informative Motion of the Financial 

Oversight and Management Board for Puerto Rico Regarding Extension to June 23, 2023 for 

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-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#:24606 Filed:06/18/23 Entered:06/18/23 09:23:41 Desc: Main

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230618 ORD RE PREPA STATUS REPORT VERSION JUNE 18, 2023 2

Certification of 2023 PREPA Fiscal Plan (Docket Entry No. 24605 in Case No. 17-3283 and 

Docket Entry No. 3767 in Case No. 17-4780) (the “Informative Motion”), filed by the Oversight 

Board.

2

The Informative Motion states that the Oversight Board did not certify the 2023 

Fiscal Plan by June 16, 2023, and represents that “new information . . . and its impact on the 

projections included in the 2023 PREPA Fiscal Plan will determine amendments that will be 

required to the Title III Plan to maintain its feasibility.” (Informative Motion ¶¶ 2-3.) The 

Informative Motion further states that “it is likely the Oversight Board (and other parties) may 

seek to change the confirmation schedule based on these developments, especially the June 26, 

2023 deadline for witness declarations because any amendments could impact witness 

declarations.” (Informative Motion ¶ 4.)

The Oversight Board is directed to meet and confer with counsel for the objectors 

as soon as practicable after the 2023 PREPA Fiscal Plan is certified, and in no event more than 

24 hours thereafter subject to the parties’ availability. The Oversight Board is directed to upload 

to the Plan Depository the model and other source data supporting the 2023 PREPA Fiscal Plan 

as soon as it is available. The Oversight Board’s request for adjournment of the filing deadline 

for the joint Status Report to June 28, 2023, is granted. The Status Report must be filed by 5:00 

p.m. (Atlantic Standard Time).

The Oversight Board is directed to meet and confer with counsel for the objectors 

and to file a joint status report by 2:00 p.m. (Atlantic Standard Time) on June 21, 2023,

concerning whether and to what extent the parties believe that confirmation-related dates and 

deadlines should be altered or suspended in advance of the Oversight Board’s Status Report.

SO ORDERED.

Dated: June 18, 2023

 /s/ Laura Taylor Swain

LAURA TAYLOR SWAIN

United States District Judge

2 Capitalized terms used but not defined herein have the meaning given to them in the 

Informative Motion.

Case:17-03283-LTS Doc#:24606 Filed:06/18/23 Entered:06/18/23 09:23:41 Desc: Main

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