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

NOTICE OF AMENDED2AGENDA FOR DISCLOSURE STATEMENT 

HEARING ON FEBRUARY 28, 2023 AT 9:30 A.M. AST 

Time and Date of 

Hearing:

Tuesday, February 28, 2023,

from 9:30 a.m. to 12:50 p.m., 

from 2:10 p.m. to 5:00 p.m.

(Atlantic Standard Time)

Location of Hearing:

Honorable Laura Taylor Swain, United States District Judge

Honorable Judith G. Dein, United States Magistrate Judge

The Hearing will be conducted virtually via videoconferencing and 

telephonic platforms.

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 (“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-BK3567-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).

2 A redline comparing this amended agenda to the original agenda filed at ECF No. 23619 in Case No. 17-3283 and 

ECF No. 3272 in Case No. 17-4780 is attached hereto as Exhibit B.

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2

Attorney Participation: Pursuant to the Order Regarding Procedures 

for February 28, 2023 Disclosure Statement Hearing [Case No. 17-

3283, ECF No. 23525; Case No. 17-4780, ECF No. 3212], attached to 

this Agenda as Exhibit A (the “Procedures Order”), attorneys who 

have entered an appearance in the Title III cases and wish to 

participate as speakers in the proceedings must file an Informative 

Motion in accordance with paragraphs 3 and 4 of the Procedures Order 

and, upon receipt of an invitation to register their appearance from the 

Court, must respond to the invitation to register for Zoom access. The

FOMB and AAFAF are limited to four attorneys appearing in the 

Zoom session at any given time, and all other parties will be limited to 

two attorneys appearing in the Zoom session at any given time.

Parties not represented by counsel. An individual Party not 

represented by counsel will only be permitted to appear in person 

and participate in the Hearing if he or she filed a timely objection 

or response to the Disclosure Statement Motion or the 

Confirmation Procedures Motion and filed a timely Informative 

Motion and Party Appearance Cover Sheet. Any individual Party 

who has filed a timely objection to or statement concerning the 

Disclosure Statement Motion or the Confirmation Procedures Motion 

and wishes to participate as a speaker in the proceedings must file a 

signed Informative Motion and a Party Appearance Cover Sheet in 

accordance with paragraphs 3 and 4 of the Procedures Order. Each 

such person must appear in person at the United States District Court 

for the District of Puerto Rico, 150 Carlos Chardón Street, Federal 

Building, San Juan, Puerto Rico 00918-1767 to participate in the 

Hearing.

Attorneys, Members of the Public and Press: Attorneys and members 

of the public and press may listen to (but not participate in) the 

proceedings by dialing (888) 363-4749 and entering the access code 

(7214978) and security code (7533) when prompted.

Copies of Documents: Copies of all documents filed in these Title III cases are available (a) 

free of charge by visiting https://cases.ra.kroll.com/puertorico or by 

calling +1 (844) 822-9231, and (b) on the Court’s website at 

http://www.prd.uscourts.gov, subject to the procedures and fees set 

forth therein.

I. CONTESTED MATTERS

1. Disclosure Statement Motion. Motion of Puerto Rico Electric Power Authority for Order 

(I) Approving Disclosure Statement, (II) Fixing Voting Record Date, (III) Approving 

Confirmation Hearing Notice and Confirmation Schedule, (IV) Approving Solicitation 

Packages and Distribution Procedures, (V) Approving Forms of Ballots and Voting 

Procedures, (VI) Approving Notice of Non-Voting Status, (VII) Fixing Voting and 

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Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case No. 17-

3283, ECF No. 23099; Case No. 17-4780, ECF No. 3113]

Disclosure Statement. 

A. Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico Electric 

Power Authority [Case No. 17-3283, ECF No. 23097; Case No. 17-4780, ECF No. 

3111]

B. Disclosure Statement for First Amended Title III Plan of Adjustment of the Puerto 

Rico Electric Power Authority [Case No. 17-3283, ECF No. 23507; Case No. 17-

4780, ECF No. 3201]

C. Modified Disclosure Statement for First Amended Title III Plan of Adjustment of the 

Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23584; Case No. 

17-4780, ECF No. 3245]

D. Disclosure Statement for Second Amended Title III Plan of Adjustment of the Puerto 

Rico Electric Power Authority [Case No. 17-3283, ECF No. 23631; Case No. 17-

4780, ECF No. 3279]

Objection Deadline: February 3, 2023 at 5:00 p.m. (Atlantic Standard Time).

Responses: 

A. Objection to the Adequacy of the Disclosure Statement, filed by Puerto Rico 

Legislative Leaders [Case No. 17-3283, ECF No. 23311]

B. PV Properties, Inc.’s Objection to Disclosure Statement [Case No. 17-3283, ECF 

No. 23391; Case No. 17-4780, ECF No. 3166]

C. UTIER’s Disclosure Statement Objection and Reservation of Rights [Case No. 17-

4780, ECF No. 3178]

D. SREAEE’s Disclosure Statement Objection and Reservation of Rights [Case No. 17-

4780, ECF No. 3179]

E. Objection to Disclosure Statement, filed by individual creditor Manuel Gonzalez Joy

[Case No. 17-4780, ECF No. 3181]

F. Limited Objection and Reservation of Rights of Whitefish Energy Holdings, LLC to 

the Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico Electric 

Power Authority [Case No. 17-4780, ECF No. 3185]

G. Omnibus Objection of Official Committee of Unsecured Creditors to (I) Disclosure 

Statement for Title III Plan of Adjustment of Puerto Rico Electric Power Authority 

and (II) Related Motions [Case No. 17-3283, ECF No. 23477; Case No. 17-4780, 

ECF No. 3186]

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H. Objections of PREPA Bond Trustee Regarding Motion for Approval of Disclosure 

Statement for Title III Plan of Adjustment of the Puerto Rico Electric Power 

Authority [Case No. 17-3283, ECF No. 23478; Case No. 17-4780, ECF No. 3187]

I. Assured Guaranty Corp. and Assured Guaranty Municipal Corp.’s (A) Objection to 

Motion of Puerto Rico Electric Power Authority for Order (I) Approving Disclosure 

Statement, (II) Fixing Voting Record Date, (III) Approving Confirmation Hearing 

Notice and Confirmation Schedule, (IV) Approving Solicitation Packages and 

Distribution Procedures, (V) Approving Forms of Ballots and Voting Procedures, 

(VI) Approving Notice of Non-Voting Status, (VII) Fixing Voting and Confirmation 

Deadlines, and (VIII) Approving Vote Tabulation Procedures, and (B) Joinder to 

Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to the Disclosure 

Statement for the Title III Plan of Adjustment of the Puerto Rico Electric Power 

Authority [ECF No. 3111], and Related Procedural Motions Related to the Disclosure 

Statement and Plan Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF 

No. 23479; Case No. 17-4780, ECF No. 3188]

J. Objection of Syncora Guarantee, Inc. to the Motion of Puerto Rico Electric Power 

Authority for an Order (I) Approving Disclosure Statement, (II) Fixing Voting 

Record Date, (III) Approving Confirmation Hearing Notice and Confirmation 

Schedule, (IV) Approving Solicitation Packages and Distribution Procedures, (V) 

Approving Forms of Ballots and Voting Procedures, (VI) Approving Notice of NonVoting Status, (VII) Fixing Voting and Confirmation Deadlines, and (VIII) 

Approving Vote Tabulation Procedures [Case No. 17-3283, ECF No. 23480; Case 

No. 17-4780, ECF No. 3190]

K. Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to the Disclosure 

Statement for the Title III Plan of Adjustment of the Puerto Rico Electric Power 

Authority [ECF No. 3111], and Related Procedural Motions Related to the Disclosure 

Statement and Plan Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF 

No. 23481; Case No. 17-4780, ECF No. 3189]

L. Motion Submitting Additional Exhibits to Omnibus Objections of the Ad Hoc Group 

of PREPA Bondholders to the Disclosure Statement for the Title III Plan of 

Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3111], and 

Related Procedural Motions Related to the Disclosure Statement and Plan 

Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF No. 23482; Case No. 

17-4780, ECF No. 3191]

Reply, Joinder & Statement Deadlines: February 10, 2023 at 5:00 p.m. (Atlantic Standard 

Time).

Replies, Joinders & Statements: 

A. Omnibus Reply of the Puerto Rico Electric Power Authority to Objections to the

(I) Adequacy of the Disclosure Statement, (II) Relief Requested in the Disclosure 

Statement Motion, and (III) Relief Requested in the Confirmation Discovery 

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Procedures Motion [Case No. 17-3283, ECF No. 23517; Case No. 17-4780, ECF 

No. 3206]

B. Reply and Statement of Fuel Line Lenders in Support of Approval of PREPA 

Disclosure Statement [Case No. 17-3283, ECF No. 23516; Case No. 17-4780, 

ECF No. 3205]

C. Statement of Support and Reservation of Rights of National Public Finance 

Guarantee Corporation to Debtor’s Joint Motion for an Order (I) Scheduling a 

Hearing to Consider the Adequacy of Information Contained in the Disclosure 

Statement, (II) Establishing the Deadline for Filing Objections to the Disclosure 

Statement and Replies Thereto, (III) Approving Form of Notice Thereof, (IV) 

Establishing Document Depository Procedures in Connection Therewith, and (V) 

Granting Related Relief [Case No. 17-3283, ECF No. 23520; Case No. 17-4780, 

ECF No. 3207]

Supplemental Objection Deadline: February 17, 2023 at 3:00 p.m. (Atlantic Standard 

Time).

Supplemental Responses: 

A. SREAEE’s Supplemental Disclosure Statement Objection [Case No. 17-3283, 

ECF No. 23557; Case No. 17-4780, ECF No. 3220]

B. UTIER’S Supplemental Disclosure Statement Objection and Joinder to SREAEE’s 

Supplemental Disclosure Statement Objection [Case No. 17-3283, ECF No. 

23558; Case No. 17-4780, ECF No. 3221]

C. Objection of the Ad Hoc Committee of National Claim Assignees to the Disclosure 

Statement for First Amended Title III Plan of Adjustment of the Puerto Rico 

Electric Power Authority [Case No. 17-4780, ECF No. 3222]

D. Supplemental Objection of Syncora Guarantee, Inc. to the Motion of Puerto Rico 

Electric Power Authority for an Order (I) Approving Disclosure Statement, (II) 

Fixing Voting Record Date, (III) Approving Confirmation Hearing Notice and 

Confirmation Schedule, (IV) Approving Solicitation Packages and Distribution 

Procedures, (V) Approving Forms of Ballots and Voting Procedures, (VI) 

Approving Notice of Non-Voting Status, (VII) Fixing Voting and Confirmation 

Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case No. 17-3283, 

ECF No. 23563; Case No. 17-4780, ECF No. 3223]

E. Supplemental Objection and Reservation of Rights of PREPA Bond Trustee 

Regarding Motion for Approval of Disclosure Statement for First Amended Title 

III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No. 17-

3283, ECF No. 23564; Case No. 17-4780, ECF No. 3224]

F. Supplemental Objection of Official Committee of Unsecured Creditors in Response 

to Disclosure Statement for First Amended Title III Plan of Adjustment of the 

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Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23565; Case 

No. 17-4780, ECF No. 3226]

G. Supplemental Objections of the Ad Hoc Group of PREPA Bondholders to the 

Disclosure Statement for the First Amended Title III Plan of Adjustment of the 

Puerto Rico Electric Power Authority [ECF No. 3201] [Case No. 17-3283, ECF 

No. 23566; Case No. 17-4780, ECF No. 3225]

H. PV Properties, Inc.’s Supplemental Objection to Disclosure Statement [Case No. 

17-3283, ECF No. 23567; Case No. 17-4780, ECF No. 3230]

I. Objection by Ahimsa Foundation to Disclosure Statement for First Amended Title 

III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No. 17-

3283, ECF No. 23569; Case No. 17-4780, ECF No. 3228]

J. Partial Joinder of Assured Guaranty Corp. and Assured Guaranty Municipal Corp. 

to the Relief Requested in the Supplemental Objections of the Ad Hoc Group of 

PREPA Bondholders to the Disclosure Statement for the First Amended Title III 

Plan of Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3225]

[Case No. 17-3283, ECF No. 23570; Case No. 17-4780, ECF No. 3229]

Supplemental Reply, Joinder & Statement Deadlines: February 21, 2023 at 3:00 p.m. 

(Atlantic Standard Time).

Supplemental Replies, Joinders & Statements: 

A. Reply and Statement of National Public Finance Guarantee Corporation in Support 

of the PREPA Disclosure Statement [Case No. 17-3283, ECF No. 23585; Case 

No. 17-4780, ECF No. 3244]

B. Supplemental Omnibus Reply of the Puerto Rico Electric Power Authority to 

Objections to the (I) Adequacy of the Disclosure Statement, (II) Relief Requested 

in the Disclosure Statement Motion, and (III) Relief Requested in the Confirmation 

Discovery Procedures Motion [Case No. 17-3283, ECF No. 23588; Case No. 17-

4780, ECF No. 3246]

Related Documents: 

A. Title III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No. 

17-3283, ECF No. 23094; Case No. 17-4780, ECF No. 3110]

B. Informative Motion of the Financial Oversight and Management Board Regarding 

Agreement in Principle Between the Oversight Board and National Public Finance 

Corporation [Case No. 17-3283, ECF No. 23101; Case No. 17-4780, ECF No. 

3115]

C. Order (I) Scheduling a Hearing to Consider the Adequacy of Information Contained 

in the Disclosure Statement, (II) Establishing the Deadline for Filing Objections to 

the Disclosure Statement and Replies Thereto, (III) Approving Form and Manner 

of Notice Thereof, (IV) Establishing Document Depository Procedures in

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Connection Therewith, and (V) Granting Related Relief [Case No. 17-3283, ECF 

No. 23159; Case No. 17-4780, ECF No. 3132]

D. Notice of Filing Spanish Translation of Disclosure Statement for the Title III Plan 

of Adjustment of the Puerto Rico Electric Power Authority [Case No. 17-3283, 

ECF No. 23302; Case No. 17-4780, ECF No. 3158]

E. Notice of Filing of Load Forecast and Illustrative Cash Flow and Best Interest Test 

Report for PREPA [Case No. 17-3283, ECF No. 23412; Case No. 17-4780, ECF 

No. 3169]

F. Notice of Distribution of Settlement Offer Notice to Uninsured Bondholders

PREPA [Case No. 17-3283, ECF No. 23434; Case No. 17-4780, ECF No. 3171]

G. First Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23506; Case No. 17-4780, ECF No. 3200]

H. Order Granting Urgent Motion to File Supplemental Objection to Disclosure 

Statement for First Amended Title III Plan of Adjustment of the Puerto Rico 

Electric Power Authority [Case No. 17-3283, ECF No. 23523; Case No. 17-4780, 

ECF No. 3210]

I. Notice of Submission of Financial Oversight and Management Board's, as Title III 

Representative of the Puerto Rico Electric Power Authority, Exhibit and 

Demonstrative List In Connection with the Disclosure Statement Hearing [Case

No. 17-3283, ECF No. 23594; Case No. 17-4780, ECF No. 3251]

J. Motion of the Ad Hoc Group of PREPA Bondholders Submitting Exhibit List in 

Connection with Disclosure Statement Hearing [Case No. 17-3283, ECF No.

23595; Case No. 17-4780, ECF No. 3252]

K. Notice of Filing of Revised Proposed Order (I) Approving Disclosure Statement, 

(II) Fixing Voting Record Date, (III) Approving Confirmation Hearing Notice and 

Confirmation Schedule, (IV) Approving Solicitation Packages and Distribution 

Procedures, (V) Approving Forms of Ballots and Voting and Election Procedures, 

(VI) Approving Notice of Nonvoting Status, (VII) Fixing Voting, Election, and 

Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case 

No. 17-3283, ECF No. 23600; Case No. 17-4780, ECF No. 3257]

L. Notice of Filing Spanish Translation of Disclosure Statement for the First Amended 

Title III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No. 

17-3283, ECF No. 23604; Case No. 17-4780, ECF No. 3261]

M. Second Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23630; Case No. 17-4780, ECF No. 3278]

N. Order Concerning Issues for Discussion at February 28, 2023 Disclosure Statement 

Hearing [Case No. 17-3283, ECF No. 23633; Case No. 17-4780, ECF No. 3280]

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O. Informative Motion Submitting Redlines of (I) Second Amended Title III Plan of 

Adjustment of the Puerto Rico Electric Power Authority and (II) Disclosure 

Statement for Second Amended Title III Plan of Adjustment of the Puerto Rico 

Electric Power Authority [Case No. 17-3283, ECF No. 23634; Case No. 17-4780, 

ECF No. 3281]

P. Notice of Filing of Proposed Letter of Official Committee of Unsecured Creditors 

with Respect to Second Amended Title III Plan of Adjustment of the Puerto Rico 

Electric Power Authority [Case No. 17-3283, ECF No. 23637; Case No. 17-4780, 

ECF No. 3285]

Status: This matter is going forward.

Estimated Time Required: 264 minutes. 

Order and Number of Speakers: The names of counsel who intend to speak on this matter 

and time allocations for each party are listed below, in the order in which the parties shall 

present argument:

I. Objections to Disclosure Statement

A. Supporting Parties:

1. FOMB: Martin Bienenstock, Ehud Barak and/or Paul Possinger, 58 minutes 

2. Fuel Line Lenders: Amy Wolf and/or Emil Kleinhaus, 10 minutes

3. National: Robert S. Berezin, 10 minutes

B. Government:

1. AAFAF: Peter Friedman, 5 minutes

C. Objecting Parties:

Bondholder Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Gary Orseck, 25 minutes

2. Ahimsa: William Kannel, 5 minutes

3. Assured: Mark Ellenberg, 2 minutes

4. Bond Trustee: Clark Whitmore, 10 minutes

5. Ad Hoc Committee of National Claim Assignees: Lawrence Larose, 5 

minutes

6. Syncora: Susheel Kirpalani, 20 minutes

Other Objecting Parties:

7. Unsecured Creditors Committee: Luc Despins, 35 minutes

8. UTIER: Zoé Negrón Comas, 8 minutes

9. SREAEE: Rafael Ortiz Mendoza, 5 minutes

10. PV Properties: Charles Cuprill, 3 minutes

11. PR House/Senate: Jorge Martínez Luciano, 5 minutes

12. Counsel to Manuel Gonzalez Joy: David Carrión Baralt, 3 minutes

D. Supporting Parties

1. FOMB: Martin Bienenstock, Ehud Barak and/or Paul Possinger, 33 minutes 

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2. Fuel Line Lenders: Amy Wolf and/or Emil Kleinhaus, 5 minutes

3. National: Robert S. Berezin, 5 minutes

II. Objections to Solicitation Procedures 

A. Supporting Parties: 

1. FOMB: Steve Ma, 4 minutes 

B. Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Matthew Madden, 2 minutes

2. Assured: William Natbony, 1 minute

3. Bond Trustee: Clark Whitmore, 1 minute

4. Unsecured Creditors Committee: Alex Bongartz, 2 minutes

C. Supporting Parties:

1. FOMB: Steve Ma, 2 minutes 

2. Confirmation Procedures Motion. Motion of Puerto Rico Electric Power Authority for 

Order Establishing, Among Other Things, Procedures and Deadlines Concerning 

Objections to Confirmation and Discovery in Connection Therewith [Case No. 17-3283, 

ECF No. 23100; Case No. 17-4780, ECF No. 3114]

Objection Deadline: February 3, 2023 at 5:00 p.m. (Atlantic Standard Time).

Responses: 

A. Omnibus Objection of Official Committee of Unsecured Creditors to (I) Disclosure 

Statement for Title III Plan of Adjustment of Puerto Rico Electric Power Authority 

and (II) Related Motions [Case No. 17-3283, ECF No. 23477; Case No. 17-4780, 

ECF No. 3186]

B. Assured Guaranty Corp. and Assured Guaranty Municipal Corp.’s (A) Objection 

to Motion of Puerto Rico Electric Power Authority for Order (I) Approving 

Disclosure Statement, (II) Fixing Voting Record Date, (III) Approving 

Confirmation Hearing Notice and Confirmation Schedule, (IV) Approving 

Solicitation Packages and Distribution Procedures, (V) Approving Forms of Ballots 

and Voting Procedures, (VI) Approving Notice of Non-Voting Status, (VII) Fixing 

Voting and Confirmation Deadlines, and (VIII) Approving Vote Tabulation 

Procedures, and (B) Joinder to Omnibus Objections of the Ad Hoc Group of 

PREPA Bondholders to the Disclosure Statement for the Title III Plan of 

Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3111], and 

Related Procedural Motions Related to the Disclosure Statement and Plan 

Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF No. 23479; Case 

No. 17-4780, ECF No. 3188]

C. Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to the

Disclosure Statement for the Title III Plan of Adjustment of the Puerto Rico Electric 

Power Authority [ECF No. 3111], and Related Procedural Motions Related to the

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Disclosure Statement and Plan Confirmation [ECF Nos. 3113, 3114] [Case No. 17-

3283, ECF No. 23481; Case No. 17-4780, ECF No. 3189]

Reply, Joinder & Statement Deadlines: February 10, 2023 at 5:00 p.m. (Atlantic Standard 

Time).

Replies, Joinders & Statements: 

A. Omnibus Reply of the Puerto Rico Electric Power Authority to Objections to the 

(I) Adequacy of the Disclosure Statement, (II) Relief Requested in the Disclosure 

Statement Motion, and (III) Relief Requested in the Confirmation Discovery 

Procedures Motion [Case No. 17-3283, ECF No. 23517; Case No. 17-4780, ECF 

No. 3206]

B. Supplemental Omnibus Reply of the Puerto Rico Electric Power Authority to 

Objections to the (I) Adequacy of the Disclosure Statement, (II) Relief Requested 

in the Disclosure Statement Motion, and (III) Relief Requested in the Confirmation 

Discovery Procedures Motion [Case No. 17-3283, ECF No. 23588; Case No. 17-

4780, ECF No. 3246]

Related Documents: 

A. Title III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No. 

17-3283, ECF No. 23094; Case No. 17-4780, ECF No. 3110]

B. Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico Electric 

Power Authority [Case No. 17-3283, ECF No. 23097; Case No. 17-4780, ECF 

No. 3111]

C. First Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23506; Case No. 17-4780, ECF No. 3200]

D. Disclosure Statement for First Amended Title III Plan of Adjustment of the Puerto 

Rico Electric Power Authority [Case No. 17-3283, ECF No. 23507; Case No. 17-

4780, ECF No. 3201]

E. Informative Motion of the Ad Hoc Group of PREPA Bondholders, Assured 

Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee, Inc. 

Concerning the Government Parties’ Refusal to Commence Plan Discovery [Case 

No. 17-3283, ECF No. 23554; Case No. 17-4780, ECF No. 3219]

F. Modified Disclosure Statement for First Amended Title III Plan of Adjustment of 

the Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23584; 

Case No. 17-4780, ECF No. 3245]

G. Response to Informative Motion of the Ad Hoc Group of PREPA Bondholders, 

Assured Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora 

Guarantee, Inc. Concerning the Government Parties’ Refusal to Commence Plan 

Discovery [Case No. 17-3283, ECF No. 23591; Case No. 17-4780, ECF No. 

3248]

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H. Joinder of the Puerto Rico Fiscal Agency and Financial Advisory Authority to the 

Financial Oversight and Management Board for Puerto Rico’s Response to 

Informative Motion of the Ad Hoc Group of PREPA Bondholders, Assured 

Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee, Inc. 

Concerning the Government Parties’ Refusal to Commence Plan Discovery [ECF 

No. 3248] [Case No. 17-3283, ECF No. 23611; Case No. 17-4780, ECF No. 3266]

I. Second Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23630; Case No. 17-4780, ECF No. 3278]

J. Disclosure Statement for Second Amended Title III Plan of Adjustment of the 

Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23631; Case 

No. 17-4780, ECF No. 3279]

K. Informative Motion Submitting Redlines of (I) Second Amended Title III Plan of 

Adjustment of the Puerto Rico Electric Power Authority and (II) Disclosure 

Statement for Second Amended Title III Plan of Adjustment of the Puerto Rico 

Electric Power Authority [Case No. 17-3283, ECF No. 23634; Case No. 17-4780, 

ECF No. 3281]

L. Order of Reference to Magistrate Judge [Case No. 17-3283, ECF No. 23635; Case 

No. 17-4780, ECF No. 3283]

M. Order Concerning Modifications to Proposed Discovery and Confirmation 

Schedule [Case No. 17-3283, ECF No. 23636; Case No. 17-4780, ECF No. 3284]

Status: This matter is going forward.

Estimated Time Required: 28 minutes. 

Order and Number of Speakers: The names of counsel who intend to speak on this matter 

and time allocations for each party are listed below, in the order in which the parties shall 

present argument: 

A. Supporting Parties: 

1. FOMB: Margaret Dale and/or Laura Stafford, 6 minutes 

B. Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Matthew Madden, 10 minutes

2. Assured: William Natbony, 1 minute

3. Unsecured Creditors Committee: Alex Bongartz, 3 minutes

C. Supporting Parties: 

1. FOMB: Margaret Dale and/or Laura Stafford, 8 minutes 

[Remainder of Page Intentionally Left Blank]

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12

Dated: February 27, 2023

San Juan, Puerto Rico

Respectfully submitted,

/s/ Martin J. Bienenstock

Martin J. Bienenstock

Paul V. Possinger

Ehud Barak

Margaret A. Dale

Michael T. Mervis

Daniel S. Desatnik

(Admitted Pro Hac Vice)

PROSKAUER ROSE LLP

Eleven Times Square

New York, NY 10036

Tel: (212) 969-3000

Fax: (212) 969-2900

Email: mbienenstock@proskauer.com

 ppossinger@proskauer.com

 ebarak@proskauer.com

 ddesatnik@proskauer.com

Attorneys for the Financial 

Oversight and Management Board 

as representative for PREPA

/s/ Hermann D. Bauer

Hermann D. Bauer

USDC No. 215205

O’NEILL & BORGES LLC

250 Muñoz Rivera Ave., Suite 800

San Juan, PR 00918-1813

Tel: (787) 764-8181

Fax: (787) 753-8944

Email: hermann.bauer@oneillborges.com

Co-Attorney for the Financial Oversight and 

Management Board as representative for 

PREPA

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Exhibit A

Order Regarding Procedures for February 28, 2023

Disclosure Statement Hearing

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 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 REGARDING PROCEDURES FOR FEBRUARY 28, 2023, DISCLOSURE STATEMENT HEARING

The Court will hear oral argument in connection with the Motion of Puerto Rico 

Electric Power Authority for Order (I) Approving Disclosure Statement, (II) Fixing Voting 

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).

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 2

Record Date, (III) Approving Confirmation Hearing Notice and Confirmation Schedule, (IV) 

Approving Solicitation Packages and Distribution Procedures, (V) Approving Forms of Ballots 

and Voting Procedures, (VI) Approving Notice of Non-Voting Status, (VII) Fixing Voting and 

Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures (Docket Entry No. 

23099 in Case No. 17-3283) (the “Disclosure Statement Motion”),2 the Motion of Puerto Rico 

Electric Power Authority for Order Establishing, Among Other Things, Procedures and 

Deadlines Concerning Objections to Confirmation and Discovery in Connection Therewith

(Docket Entry No. 23100) (the “Confirmation Procedures Motion”), on February 28, 2023,

from 9:30 a.m. to 12:50 p.m. (Atlantic Standard Time), and resume, if necessary, from 2:10 

p.m. to 5:00 p.m. (Atlantic Standard Time) (the “Hearing”). The Court will conduct the 

Hearing virtually using videoconferencing and telephonic platforms as set forth herein, and the 

Hearing shall be governed by the following procedures.

Registration for Videoconference; Listen-In Facilities for Attorneys, Members of Public 

and Press

1. Videoconferencing via Zoom. The Court will conduct the Hearing using the 

audio and video features of the Zoom platform as a virtual courtroom. An invitation to register 

will be sent by the Court to attorneys who have filed a timely objection to or statement 

concerning the Disclosure Statement Motion or the Confirmation Procedures Motion and

registered their appearance by filing an Informative Motion in accordance with paragraph 3 

below. A party represented by counsel shall participate in the hearing by Zoom. An individual 

Party not represented by counsel, who has timely filed an objection and wishes to participate,

will be permitted to participate as set forth in paragraph 3 below. Parties appearing by Zoom 

2 All docket entry number references are to Case No. 17-3283 unless specified otherwise.

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 3

must respond to the invitation to register for Zoom access and will automatically receive the link 

and relevant login information to join the virtual proceeding. To optimize performance of the 

Zoom platform and in the interest of avoiding excessive billing of fees, the Financial Oversight 

and Management Board for Puerto Rico (the “Oversight Board”) and the Puerto Rico Fiscal 

Agency and Financial Advisory Authority (“AAFAF”) shall each be limited to four attorneys 

appearing in the Zoom session at any given time, and each other Party (as defined in paragraph 

3(a) below) will be limited to two attorneys appearing in the Zoom session at any given time. 

Only Parties who are identified in properly submitted registration documents, including a 

Party Appearance Sheet, will be permitted to appear at the Hearing. All proceedings will 

be conducted in the English language as required by law. See 48 U.S.C. § 864. If an individual 

Party not represented by counsel has filed a Party Appearance Sheet indicating a need for 

interpretation services, the Oversight Board is directed to arrange for a certified interpreter to be 

present at the San Juan Courthouse (as defined herein) during the Hearing. Recording and 

retransmission of the proceedings by any means are prohibited.

2. Listen-Only Access to the Hearing. Members of the public, press, and 

attorneys may listen to but not participate in the Hearing by dialing (888) 363-4749, and, when 

prompted, entering the access code (7214978) and security code (7533) for listen-only access. 

This telephonic access line for the press and the general public will be in listen-only mode at all 

times. Recording and retransmission of the proceedings by any means are prohibited. 

Party Informative Motion and Exhibit List Procedures

3. Counsel for any party-in-interest (each, a “Party”) and any individual 

Party not represented by counsel that wishes to participate in the Hearing must file an 

informative motion by February 21, 2023, at 5:00 p.m. (Atlantic Standard Time). The 

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 4

informative motion shall contain a completed Exhibit A and Exhibit B. Counsel who have not 

filed exhibits and/or demonstratives may write “N/A” on the Exhibit B cover sheet. 

a. Party Appearance Sheet. Counsel for any Party that has filed a timely 

objection to or statement concerning the Disclosure Statement Motion or the Confirmation 

Procedures Motion and wishes to participate in the Hearing must register an appearance by 

completing the Party Appearance Sheet. Counsel must identify (a) the Party for which they 

intend to appear, and (b) the name(s), email address(es), and method of appearance for the

attorney(s) who wish to participate in the Hearing.

b. Parties not represented by counsel. Any individual Party who has filed a 

timely objection to or statement concerning the Disclosure Statement Motion or the 

Confirmation Procedures Motion and wishes to participate in the Hearing must file a signed 

informative motion and a Party Appearance Cover Sheet (the form of which is attached as 

Exhibit A to this Order) as Exhibit A to the Informative Motion, no later than February 21, 

2023, at 5:00 p.m. (Atlantic Standard Time). The informative motion and Party Appearance 

Cover Sheet must be mailed or hand delivered to the Clerk’s Office at the United States District 

Court for the District of Puerto Rico located at 150 Ave. Carlos Chardon Suite 150, San Juan, 

Puerto Rico 00918, so as to be received no later than February 21, 2023, at 5:00 p.m. (Atlantic 

Standard Time). An individual Party not represented by counsel will only be permitted to 

appear in person and participate in the Hearing if he or she filed a timely objection or 

response to the Disclosure Statement Motion or the Confirmation Procedures Motion and 

filed a timely Informative Motion and Party Appearance Cover Sheet. Each such person 

must appear in person at the United States District Court for the District of Puerto Rico, 150 

Carlos Chardón Street, Federal Building, San Juan, Puerto Rico 00918-1767 to participate in the 

Hearing.

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 5

c. Exhibit List/Demonstrative Procedures and Exhibit Cover Sheet. Exhibit lists 

are due by February 21, 2023. Importantly, you must file the exhibits using the procedures 

set forth below, before you are able to file the Exhibit Cover Sheet. Each Party must follow 

the below instructions for filing the Exhibit List.

i. Each Party is directed to file an Exhibit List using the CM/ECF event 

“Motion Submitting.”

ii. Each Party must upload each exhibit as a separate attachment to the 

Exhibit List. Hyperlinks may not be used in lieu of uploading an exhibit.

iii. The Exhibit List is intended to be a single filing (with multiple exhibits). 

If your Exhibit List and attachments exceed the upload capacity of 

CM/ECF, you may divide your submission into multiple filings.

A. Large Exhibits. If a single exhibit is too large to file, Parties shall 

divide the exhibit into separate attachments. In this scenario, the 

Party assigns each part of the exhibit the same exhibit letter or 

number, and types in the text field “Part 1 of [Total Number].” 

Parties must select the same exhibit letter or number to indicate to 

the Court that an uploaded exhibit is continued in the next 

attachment. For example, if “Party ABC” needs to divide 

Exhibit C into 3 attachments due to its size, “Party ABC” will 

upload and designate the exhibit as follows: Exhibit C: “Part 1 of 

3,” the next attachment as Exhibit C “Part 2 of 3,” and the final 

attachment as Exhibit C “Part 3 of 3.” The next attachment will 

then proceed to Exhibit D.

B. Multiple Filings. If a group of exhibits reaches the 20MB 

capacity for a single CM/ECF filing, parties must continue to file 

their exhibits by starting a new filing. Parties will again select the 

“Motion Submitting” CM/ECF Activity when filing the next set of 

exhibits. The main document for a continued filing should be 

titled “Continued Exhibits of [Party Name]” and may include a list 

of the exhibits attached to that single filing.

The Exhibit Cover Sheet, Exhibit B to the Pretrial Informative Motion, must 

include all docket entry numbers for each exhibit that was previously filed in connection with the 

Exhibit List. Thus, a Party is only able to complete the Exhibit Cover Sheet after the Party has 

filed their Exhibit List.

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 6

d. Registration Issues. If a Party has filed an Informative Motion and has not 

received an invitation to register within 48 hours of the Hearing, counsel and/or pro se party may 

seek technical assistance by emailing promesaregistration@prd.uscourts.gov. 

Pre-Hearing Filing Deadlines

4. Party Informative Motion and Party Appearance Cover Sheet. Counsel 

for any party in interest (each, a “Party”) and any individual Party not represented by counsel

that wishes to participate in the Hearing must file an informative motion by February 21, 2023, 

at 5:00 p.m. (Atlantic Standard Time) as set forth in paragraph 3, above. Each Informative 

Motion must be accompanied by a Party Appearance Cover Sheet, otherwise, the Party will not 

be registered to participate in the proceedings. 

5. Agenda. An agenda outlining the matters to be addressed and the projected 

timetable shall be filed by Debtors’ counsel by February 24, 2023, in accordance with the 

Sixteenth Amended Notice, Case Management and Administrative Procedures. (See Docket 

Entry No. 20190-1, § III.M.) The agenda shall also include a compilation of the information 

filed pursuant to Paragraph 4, supra, including (a) the names of the individuals who intend to 

appear and speak on behalf of each relevant party in connection with each of the motions, (b) the 

order in which the parties to the relevant motions shall present argument, and (c) time allocations 

for each party. Debtors’ counsel shall file a revised agenda on February 27, 2023, if 

circumstances have changed or if requested to do so by the Court. Debtors’ counsel shall email a 

proposed agenda, including preliminary time allocations, to the Court by February 23, 2023, at 

12:00 p.m. (Atlantic Standard Time). 

6. Exhibits or Demonstratives. To the extent that a Party intends to direct the 

Court’s attention to particular exhibits and/or demonstratives at the Hearing, it shall file a 

separate informative motion using the Exhibit Cover Sheet (the form of which is attached as 

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 7

Exhibit B to this Order) by 5:00 p.m. (Atlantic Standard Time) on February 21, 2023. The 

informative motion must (i) include the Exhibit Cover Sheet and (ii) include each exhibit and/or 

demonstrative as a separate, text searchable attachment. The naming convention of each exhibit 

must adhere to the specifications indicated on the Exhibit Cover Sheet.

7. Courtroom Procedures. All persons granted remote access to the 

proceedings are reminded of the general prohibition against photographing, recording, and 

rebroadcasting of court proceedings. Violation of this prohibition may result in sanctions, 

including removal of court issued media credentials, restricted entry to future hearings, denial of 

entry to future hearings, or any other sanctions deemed necessary by the Court. The formalities 

of a courtroom must be observed. When appearing by Zoom, each counsel must be situated in 

such a manner as to be able to view the video screen and be seen by the Court. Counsel’s

camera must be turned on when addressing the Court. Counsel appearing by Zoom may be 

removed from the virtual courtroom if they do not comply with this Order. During the Hearing, 

individuals who are registered to participate via Zoom are directed to observe the following 

rules:

a. The following naming conventions must be used by Zoom participants for 

admission to the Zoom virtual courtroom. For example: 

i. Attorney participants: [Party Represented (abbreviations may be 

used)] / [Last Name of Attorney, First Name of Attorney] / [Law 

Firm/Government Office].

a. PARTY A / Doe, John / ABC Law Firm, or

b. XYZ Agency/ Doe, Jane / Office of the ABC Government

ii. Pro se participants: Pro se / [Last Name, First Name].

a. For example: Pro se / Doe, Jane

b. Identify yourself if asked to do so.

c. Identify yourself by name each time you speak.

d. Mute yourself when you are not speaking to eliminate background noise.

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230213 PROCEDURES ORD RE DS HEARING VERSION FEBRUARY 13, 2023 8

e. Turn off your video unless you are speaking or otherwise directly involved 

in the argument or examination, unless the Court directs otherwise.

SO ORDERED.

Dated: February 13, 2023

 /s/ Laura Taylor Swain

LAURA TAYLOR SWAIN

United States District Judge

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Exhibit B

Redline

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In re:

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of

THE COMMONWEALTH OF PUERTO RICO, et al.,

Debtors.1

Time and Date of

Hearing:

Tuesday, February 28, 2023,

from 9:30 a.m. to 12:50 p.m.,

from 2:10 p.m. to 5:00 p.m.

(Atlantic Standard Time)

PROMESA

Title III

Case No. 17–BK–3283–LTS

(Jointly Administered)

UNITED STATES DISTRICT COURT

FOR THE DISTRICT OF PUERTO RICO

In re:

THE FINANCIAL OVERSIGHT AND

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of

PUERTO RICO ELECTRIC POWER AUTHORITY,

Debtor.

Location of Hearing:

Honorable Laura Taylor Swain, United States District Judge

Honorable Judith G. Dein, United States Magistrate Judge

PROMESA

Title III

Case No. 17–BK–4780–LTS

NOTICE OF AMENDED2AGENDA FOR DISCLOSURE STATEMENT

HEARING ON FEBRUARY 28, 2023 AT 9:30 A.M. AST

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 (“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).

2 A redline comparing this amended agenda to the original agenda filed at ECF No. 23619 in Case No. 17-3283

and ECF No. 3272 in Case No. 17-4780 is attached hereto as Exhibit B.

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2

Copies of Documents: Copies of all documents filed in these Title III cases are available (a)

free of charge by visiting https://cases.ra.kroll.com/puertorico or by

calling +1 (844) 822-9231, and (b) on the Court’s website at

http://www.prd.uscourts.gov, subject to the procedures and fees set

forth therein.

The Hearing will be conducted virtually via videoconferencing

and telephonic platforms.

Attorney Participation: Pursuant to the Order Regarding Procedures

for February 28, 2023 Disclosure Statement Hearing [Case No.

17-3283, ECF No. 23525; Case No. 17-4780, ECF No. 3212],

attached to this Agenda as Exhibit A (the “Procedures Order”),

attorneys who have entered an appearance in the Title III cases and

wish to participate as speakers in the proceedings must file an

Informative Motion in accordance with paragraphs 3 and 4 of the

Procedures Order and, upon receipt of an invitation to register their

appearance from the Court, must respond to the invitation to register

for Zoom access. The FOMB and AAFAF are limited to four

attorneys appearing in the Zoom session at any given time, and all

other parties will be limited to two attorneys appearing in the Zoom

session at any given time.

Parties not represented by counsel. An individual Party not

represented by counsel will only be permitted to appear in person

and participate in the Hearing if he or she filed a timely objection

or response to the Disclosure Statement Motion or the

Confirmation Procedures Motion and filed a timely Informative

Motion and Party Appearance Cover Sheet. Any individual Party

who has filed a timely objection to or statement concerning the

Disclosure Statement Motion or the Confirmation Procedures Motion

and wishes to participate as a speaker in the proceedings must file a

signed Informative Motion and a Party Appearance Cover Sheet in

accordance with paragraphs 3 and 4 of the Procedures Order. Each

such person must appear in person at the United States District

Court for the District of Puerto Rico, 150 Carlos Chardón Street,

Federal Building, San Juan, Puerto Rico 00918-1767 to participate

in the Hearing.

Attorneys, Members of the Public and Press: Attorneys and members

of the public and press may listen to (but not participate in) the

proceedings by dialing (888) 363-4749 and entering the access code

(7214978) and security code (7533) when prompted.

I. CONTESTED MATTERS

1. Disclosure Statement Motion. Motion of Puerto Rico Electric Power Authority for

Order (I) Approving Disclosure Statement, (II) Fixing Voting Record Date, (III)

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Approving Confirmation Hearing Notice and Confirmation Schedule, (IV) Approving

Solicitation Packages and Distribution Procedures, (V) Approving Forms of Ballots and

Voting Procedures, (VI) Approving Notice of Non-Voting Status, (VII) Fixing Voting

and Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case

No. 17-3283, ECF No. 23099; Case No. 17-4780, ECF No. 3113]

Disclosure Statement.

A. Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico Electric

Power Authority [Case No. 17-3283, ECF No. 23097; Case No. 17-4780, ECF

No. 3111]

B. Disclosure Statement for First Amended Title III Plan of Adjustment of the Puerto

Rico Electric Power Authority [Case No. 17-3283, ECF No. 23507; Case No.

17-4780, ECF No. 3201]

C. Modified Disclosure Statement for First Amended Title III Plan of Adjustment of

the Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23584;

Case No. 17-4780, ECF No. 3245]

D. Disclosure Statement for Second Amended Title III Plan of Adjustment of the

Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23631; Case

No. 17-4780, ECF No. 3279]

Objection Deadline: February 3, 2023 at 5:00 p.m. (Atlantic Standard Time).

Responses:

A. Objection to the Adequacy of the Disclosure Statement, filed by Puerto Rico

Legislative Leaders [Case No. 17-3283, ECF No. 23311]

B. PV Properties, Inc.’s Objection to Disclosure Statement [Case No. 17-3283, ECF

No. 23391; Case No. 17-4780, ECF No. 3166]

C. UTIER’s Disclosure Statement Objection and Reservation of Rights [Case No.

17-4780, ECF No. 3178]

D. SREAEE’s Disclosure Statement Objection and Reservation of Rights [Case No.

17-4780, ECF No. 3179]

E. Objection to Disclosure Statement, filed by individual creditor Manuel Gonzalez

Joy [Case No. 17-4780, ECF No. 3181]

F. Limited Objection and Reservation of Rights of Whitefish Energy Holdings, LLC

to the Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [Case No. 17-4780, ECF No. 3185]

G. Omnibus Objection of Official Committee of Unsecured Creditors to (I) Disclosure

Statement for Title III Plan of Adjustment of Puerto Rico Electric Power Authority

and (II) Related Motions [Case No. 17-3283, ECF No. 23477; Case No. 17-4780,

ECF No. 3186]

3

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H. Objections of PREPA Bond Trustee Regarding Motion for Approval of Disclosure

Statement for Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23478; Case No. 17-4780, ECF No. 3187]

I. Assured Guaranty Corp. and Assured Guaranty Municipal Corp.’s (A) Objection to

Motion of Puerto Rico Electric Power Authority for Order (I) Approving Disclosure

Statement, (II) Fixing Voting Record Date, (III) Approving Confirmation Hearing

Notice and Confirmation Schedule, (IV) Approving Solicitation Packages and

Distribution Procedures, (V) Approving Forms of Ballots and Voting Procedures,

(VI) Approving Notice of Non-Voting Status, (VII) Fixing Voting and

Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures, and

(B) Joinder to Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to

the Disclosure Statement for the Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [ECF No. 3111], and Related Procedural Motions Related

to the Disclosure Statement and Plan Confirmation [ECF Nos. 3113, 3114] [Case

No. 17-3283, ECF No. 23479; Case No. 17-4780, ECF No. 3188]

J. Objection of Syncora Guarantee, Inc. to the Motion of Puerto Rico Electric Power

Authority for an Order (I) Approving Disclosure Statement, (II) Fixing Voting

Record Date, (III) Approving Confirmation Hearing Notice and Confirmation

Schedule, (IV) Approving Solicitation Packages and Distribution Procedures, (V)

Approving Forms of Ballots and Voting Procedures, (VI) Approving Notice of

Non-Voting Status, (VII) Fixing Voting and Confirmation Deadlines, and (VIII)

Approving Vote Tabulation Procedures [Case No. 17-3283, ECF No. 23480; Case

No. 17-4780, ECF No. 3190]

K. Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to the

Disclosure Statement for the Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [ECF No. 3111], and Related Procedural Motions Related

to the Disclosure Statement and Plan Confirmation [ECF Nos. 3113, 3114] [Case

No. 17-3283, ECF No. 23481; Case No. 17-4780, ECF No. 3189]

L. Motion Submitting Additional Exhibits to Omnibus Objections of the Ad Hoc

Group of PREPA Bondholders to the Disclosure Statement for the Title III Plan of

Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3111], and

Related Procedural Motions Related to the Disclosure Statement and Plan

Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF No. 23482; Case

No. 17-4780, ECF No. 3191]

Reply, Joinder & Statement Deadlines: February 10, 2023 at 5:00 p.m. (Atlantic Standard

Time).

Replies, Joinders & Statements:

A. Omnibus Reply of the Puerto Rico Electric Power Authority to Objections to the

(I) Adequacy of the Disclosure Statement, (II) Relief Requested in the Disclosure

Statement Motion, and (III) Relief Requested in the Confirmation Discovery

Procedures Motion [Case No. 17-3283, ECF No. 23517; Case No. 17-4780, ECF

No. 3206]

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B. Reply and Statement of Fuel Line Lenders in Support of Approval of PREPA

Disclosure Statement [Case No. 17-3283, ECF No. 23516; Case No. 17-4780,

ECF No. 3205]

C. Statement of Support and Reservation of Rights of National Public Finance

Guarantee Corporation to Debtor’s Joint Motion for an Order (I) Scheduling a

Hearing to Consider the Adequacy of Information Contained in the Disclosure

Statement, (II) Establishing the Deadline for Filing Objections to the Disclosure

Statement and Replies Thereto, (III) Approving Form of Notice Thereof, (IV)

Establishing Document Depository Procedures in Connection Therewith, and (V)

Granting Related Relief [Case No. 17-3283, ECF No. 23520; Case No. 17-4780,

ECF No. 3207]

Supplemental Objection Deadline: February 17, 2023 at 3:00 p.m. (Atlantic Standard

Time).

Supplemental Responses:

A. SREAEE’s Supplemental Disclosure Statement Objection [Case No. 17-3283,

ECF No. 23557; Case No. 17-4780, ECF No. 3220]

B. UTIER’S Supplemental Disclosure Statement Objection and Joinder to

SREAEE’s Supplemental Disclosure Statement Objection [Case No. 17-3283,

ECF No. 23558; Case No. 17-4780, ECF No. 3221]

C. Objection of the Ad Hoc Committee of National Claim Assignees to the

Disclosure Statement for First Amended Title III Plan of Adjustment of the Puerto

Rico Electric Power Authority [Case No. 17-4780, ECF No. 3222]

D. Supplemental Objection of Syncora Guarantee, Inc. to the Motion of Puerto Rico

Electric Power Authority for an Order (I) Approving Disclosure Statement, (II)

Fixing Voting Record Date, (III) Approving Confirmation Hearing Notice and

Confirmation Schedule, (IV) Approving Solicitation Packages and Distribution

Procedures, (V) Approving Forms of Ballots and Voting Procedures, (VI)

Approving Notice of Non-Voting Status, (VII) Fixing Voting and Confirmation

Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case No. 17-3283,

ECF No. 23563; Case No. 17-4780, ECF No. 3223]

E. Supplemental Objection and Reservation of Rights of PREPA Bond Trustee

Regarding Motion for Approval of Disclosure Statement for First Amended Title

III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No.

17-3283, ECF No. 23564; Case No. 17-4780, ECF No. 3224]

F. Supplemental Objection of Official Committee of Unsecured Creditors in

Response to Disclosure Statement for First Amended Title III Plan of Adjustment

of the Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23565;

Case No. 17-4780, ECF No. 3226]

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G. Supplemental Objections of the Ad Hoc Group of PREPA Bondholders to the

Disclosure Statement for the First Amended Title III Plan of Adjustment of the

Puerto Rico Electric Power Authority [ECF No. 3201] [Case No. 17-3283, ECF

No. 23566; Case No. 17-4780, ECF No. 3225]

H. PV Properties, Inc.’s Supplemental Objection to Disclosure Statement [Case No.

17-3283, ECF No. 23567; Case No. 17-4780, ECF No. 3230]

I. Objection by Ahimsa Foundation to Disclosure Statement for First Amended Title

III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case No.

17-3283, ECF No. 23569; Case No. 17-4780, ECF No. 3228]

J. Partial Joinder of Assured Guaranty Corp. and Assured Guaranty Municipal Corp.

to the Relief Requested in the Supplemental Objections of the Ad Hoc Group of

PREPA Bondholders to the Disclosure Statement for the First Amended Title III

Plan of Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3225]

[Case No. 17-3283, ECF No. 23570; Case No. 17-4780, ECF No. 3229]

Supplemental Reply, Joinder & Statement Deadlines: February 21, 2023 at 3:00 p.m.

(Atlantic Standard Time).

Supplemental Replies, Joinders & Statements:

A. Omnibus Reply of the Puerto Rico Electric Power Authority to Objections to the

(I) Adequacy of the Disclosure Statement, (II) Relief Requested in the Disclosure

Statement Motion, and (III) Relief Requested in the Confirmation Discovery

Procedures Motion [Case No. 17-3283, ECF No. 23517; Case No. 17-4780, ECF

No. 3206]

B. Reply and Statement of Fuel Line Lenders in Support of Approval of PREPA

Disclosure Statement [Case No. 17-3283, ECF No. 23516; Case No. 17-4780,

ECF No. 3205]

C. Statement of Support and Reservation of Rights of National Public Finance

Guarantee Corporation to Debtor’s Joint Motion for an Order (I) Scheduling a

Hearing to Consider the Adequacy of Information Contained in the Disclosure

Statement, (II) Establishing the Deadline for Filing Objections to the Disclosure

Statement and Replies Thereto, (III) Approving Form of Notice Thereof, (IV)

Establishing Document Depository Procedures in Connection Therewith, and (V)

Granting Related Relief [Case No. 17-3283, ECF No. 23520; Case No. 17-4780,

ECF No. 3207]

A. D. Reply and Statement of National Public Finance Guarantee Corporation in

Support of the PREPA Disclosure Statement [Case No. 17-3283, ECF No.

23585; Case No. 17-4780, ECF No. 3244]

B. E. Supplemental Omnibus Reply of the Puerto Rico Electric Power Authority to

Objections to the (I) Adequacy of the Disclosure Statement, (II) Relief Requested

in the Disclosure Statement Motion, and (III) Relief Requested in the

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Confirmation Discovery Procedures Motion [Case No. 17-3283, ECF No. 23588;

Case No. 17-4780, ECF No. 3246]

Related Documents:

A. Title III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case

No. 17-3283, ECF No. 23094; Case No. 17-4780, ECF No. 3110]

B. Informative Motion of the Financial Oversight and Management Board Regarding

Agreement in Principle Between the Oversight Board and National Public

Finance Corporation [Case No. 17-3283, ECF No. 23101; Case No. 17-4780,

ECF No. 3115]

C. Order (I) Scheduling a Hearing to Consider the Adequacy of Information

Contained in the Disclosure Statement, (II) Establishing the Deadline for Filing

Objections to the Disclosure Statement and Replies Thereto, (III) Approving

Form and Manner of Notice Thereof, (IV) Establishing Document Depository

Procedures in Connection Therewith, and (V) Granting Related Relief [Case No.

17-3283, ECF No. 23159; Case No. 17-4780, ECF No. 3132]

D. Notice of Filing Spanish Translation of Disclosure Statement for the Title III Plan

of Adjustment of the Puerto Rico Electric Power Authority [Case No. 17-3283,

ECF No. 23302; Case No. 17-4780, ECF No. 3158]

E. Notice of Filing of Load Forecast and Illustrative Cash Flow and Best Interest

Test Report for PREPA [Case No. 17-3283, ECF No. 23412; Case No. 17-4780,

ECF No. 3169]

F. Notice of Distribution of Settlement Offer Notice to Uninsured Bondholders

PREPA [Case No. 17-3283, ECF No. 23434; Case No. 17-4780, ECF No. 3171]

G. First Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23506; Case No. 17-4780, ECF No.

3200]

H. Order Granting Urgent Motion to File Supplemental Objection to Disclosure

Statement for First Amended Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [Case No. 17-3283, ECF No. 23523; Case No.

17-4780, ECF No. 3210]

I. Notice of Submission of Financial Oversight and Management Board's, as Title

III Representative of the Puerto Rico Electric Power Authority, Exhibit and

Demonstrative List In Connection with the Disclosure Statement Hearing [Case

No. 17-3283, ECF No. 23594; Case No. 17-4780, ECF No. 3251]

J. Motion of the Ad Hoc Group of PREPA Bondholders Submitting Exhibit List in

Connection with Disclosure Statement Hearing [Case No. 17-3283, ECF No.

23595; Case No. 17-4780, ECF No. 3252]

K. Notice of Filing of Revised Proposed Order (I) Approving Disclosure Statement,

(II) Fixing Voting Record Date, (III) Approving Confirmation Hearing Notice and

Confirmation Schedule, (IV) Approving Solicitation Packages and Distribution

Procedures, (V) Approving Forms of Ballots and Voting and Election Procedures,

(VI) Approving Notice of Nonvoting Status, (VII) Fixing Voting, Election, and

Confirmation Deadlines, and (VIII) Approving Vote Tabulation Procedures [Case

No. 17-3283, ECF No. 23600; Case No. 17-4780, ECF No. 3257]

L. Notice of Filing Spanish Translation of Disclosure Statement for the First

Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

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Authority [Case No. 17-3283, ECF No. 23604; Case No. 17-4780, ECF No.

3261]

M. Second Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23630; Case No. 17-4780, ECF No.

3278]

N. Order Concerning Issues for Discussion at February 28, 2023 Disclosure

Statement Hearing [Case No. 17-3283, ECF No. 23633; Case No. 17-4780, ECF

No. 3280]

O. Informative Motion Submitting Redlines of (I) Second Amended Title III Plan of

Adjustment of the Puerto Rico Electric Power Authority and (II) Disclosure

Statement for Second Amended Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [Case No. 17-3283, ECF No. 23634; Case No.

17-4780, ECF No. 3281]

P. Notice of Filing of Proposed Letter of Official Committee of Unsecured Creditors

with Respect to Second Amended Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [Case No. 17-3283, ECF No. 23637; Case No.

17-4780, ECF No. 3285]

Status: This matter is going forward.

Estimated Time Required: 264 minutes.

Order and Number of Speakers: The names of counsel who intend to speak on this

matter and time allocations for each party are listed below, in the order in which the

parties shall present argument:

I. Objections to Disclosure Statement

A. Supporting Parties:

1. FOMB: Martin Bienenstock, Ehud Barak and/or Paul Possinger, 58 minutes

2. Fuel Line Lenders: Amy Wolf and/or Emil Kleinhaus, 10 minutes

3. National: Robert S. Berezin, 10 minutes

B. Government:

1. AAFAF: Peter Friedman, 5 minutes

C. Objecting Parties:

Bondholder Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Gary Orseck, 25 minutes

2. Ahimsa: William Kannel, 5 minutes

3. Assured: Mark Ellenberg, 2 minutes

4. Bond Trustee: Clark Whitmore, 10 minutes

5. Ad Hoc Committee of National Claim Assignees: Lawrence Larose, 5

minutes

6. Syncora: Susheel Kirpalani, 20 minutes

Other Objecting Parties:

7. Unsecured Creditors Committee: Luc Despins, 35 minutes

8. UTIER: Zoé Negrón Comas, 8 minutes

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9. SREAEE: Rafael Ortiz Mendoza, 5 minutes

10. PV Properties: Charles Cuprill, 3 minutes

11. PR House/Senate: Jorge Martínez Luciano, 5 minutes

12. Counsel to Manuel Gonzalez Joy: David Carrión Baralt, 3 minutes

D. Supporting Parties

1. FOMB: Martin Bienenstock, Ehud Barak and/or Paul Possinger, 33 minutes

2. Fuel Line Lenders: Amy Wolf and/or Emil Kleinhaus, 5 minutes

3. National: Robert S. Berezin, 5 minutes

II. Objections to Solicitation Procedures

A. Supporting Parties:

1. FOMB: Steve Ma, 4 minutes

B. Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Matthew Madden, 2 minutes

2. Assured: William Natbony, 1 minute

3. Bond Trustee: Clark Whitmore, 1 minute

4. Unsecured Creditors Committee: Alex Bongartz, 2 minutes

C. Supporting Parties:

1. FOMB: Steve Ma, 2 minutes

2. Confirmation Procedures Motion. Motion of Puerto Rico Electric Power Authority for

Order Establishing, Among Other Things, Procedures and Deadlines Concerning

Objections to Confirmation and Discovery in Connection Therewith [Case No. 17-3283,

ECF No. 23100; Case No. 17-4780, ECF No. 3114]

Objection Deadline: February 3, 2023 at 5:00 p.m. (Atlantic Standard Time).

Responses:

A. Omnibus Objection of Official Committee of Unsecured Creditors to (I)

Disclosure Statement for Title III Plan of Adjustment of Puerto Rico Electric

Power Authority and (II) Related Motions [Case No. 17-3283, ECF No. 23477;

Case No. 17-4780, ECF No. 3186]

B. Assured Guaranty Corp. and Assured Guaranty Municipal Corp.’s (A) Objection

to Motion of Puerto Rico Electric Power Authority for Order (I) Approving

Disclosure Statement, (II) Fixing Voting Record Date, (III) Approving

Confirmation Hearing Notice and Confirmation Schedule, (IV) Approving

Solicitation Packages and Distribution Procedures, (V) Approving Forms of

Ballots and Voting Procedures, (VI) Approving Notice of Non-Voting Status,

(VII) Fixing Voting and Confirmation Deadlines, and (VIII) Approving Vote

Tabulation Procedures, and (B) Joinder to Omnibus Objections of the Ad Hoc

Group of PREPA Bondholders to the Disclosure Statement for the Title III Plan of

Adjustment of the Puerto Rico Electric Power Authority [ECF No. 3111], and

Related Procedural Motions Related to the Disclosure Statement and Plan

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Confirmation [ECF Nos. 3113, 3114] [Case No. 17-3283, ECF No. 23479; Case

No. 17-4780, ECF No. 3188]

C. Omnibus Objections of the Ad Hoc Group of PREPA Bondholders to the

Disclosure Statement for the Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [ECF No. 3111], and Related Procedural Motions

Related to the Disclosure Statement and Plan Confirmation [ECF Nos. 3113,

3114] [Case No. 17-3283, ECF No. 23481; Case No. 17-4780, ECF No. 3189]

Reply, Joinder & Statement Deadlines: February 10, 2023 at 5:00 p.m. (Atlantic Standard

Time).

Replies, Joinders & Statements:

A. Omnibus Reply of the Puerto Rico Electric Power Authority to Objections to the

(I) Adequacy of the Disclosure Statement, (II) Relief Requested in the Disclosure

Statement Motion, and (III) Relief Requested in the Confirmation Discovery

Procedures Motion [Case No. 17-3283, ECF No. 23517; Case No. 17-4780, ECF

No. 3206]

B. Supplemental Omnibus Reply of the Puerto Rico Electric Power Authority to

Objections to the (I) Adequacy of the Disclosure Statement, (II) Relief Requested

in the Disclosure Statement Motion, and (III) Relief Requested in the

Confirmation Discovery Procedures Motion [Case No. 17-3283, ECF No. 23588;

Case No. 17-4780, ECF No. 3246]

Related Documents:

A. Title III Plan of Adjustment of the Puerto Rico Electric Power Authority [Case

No. 17-3283, ECF No. 23094; Case No. 17-4780, ECF No. 3110]

B. Disclosure Statement for Title III Plan of Adjustment of the Puerto Rico Electric

Power Authority [Case No. 17-3283, ECF No. 23097; Case No. 17-4780, ECF

No. 3111]

C. First Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23506; Case No. 17-4780, ECF No.

3200]

D. Disclosure Statement for First Amended Title III Plan of Adjustment of the Puerto

Rico Electric Power Authority [Case No. 17-3283, ECF No. 23507; Case No.

17-4780, ECF No. 3201]

E. Informative Motion of the Ad Hoc Group of PREPA Bondholders, Assured

Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee, Inc.

Concerning the Government Parties’ Refusal to Commence Plan Discovery [Case

No. 17-3283, ECF No. 23554; Case No. 17-4780, ECF No. 3219]

F. Modified Disclosure Statement for First Amended Title III Plan of Adjustment of

the Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23584;

Case No. 17-4780, ECF No. 3245]

G. Response to Informative Motion of the Ad Hoc Group of PREPA Bondholders,

Assured Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora

Guarantee, Inc. Concerning the Government Parties’ Refusal to Commence Plan

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Discovery [Case No. 17-3283, ECF No. 23591; Case No. 17-4780, ECF No.

3248]

H. Joinder of the Puerto Rico Fiscal Agency and Financial Advisory Authority to the

Financial Oversight and Management Board for Puerto Rico’s Response to

Informative Motion of the Ad Hoc Group of PREPA Bondholders, Assured

Guaranty Corp., Assured Guaranty Municipal Corp., and Syncora Guarantee, Inc.

Concerning the Government Parties’ Refusal to Commence Plan Discovery [ECF

No. 3248] [Case No. 17-3283, ECF No. 23611; Case No. 17-4780, ECF No.

3266]

I. Second Amended Title III Plan of Adjustment of the Puerto Rico Electric Power

Authority [Case No. 17-3283, ECF No. 23630; Case No. 17-4780, ECF No.

3278]

J. Disclosure Statement for Second Amended Title III Plan of Adjustment of the

Puerto Rico Electric Power Authority [Case No. 17-3283, ECF No. 23631; Case

No. 17-4780, ECF No. 3279]

K. Informative Motion Submitting Redlines of (I) Second Amended Title III Plan of

Adjustment of the Puerto Rico Electric Power Authority and (II) Disclosure

Statement for Second Amended Title III Plan of Adjustment of the Puerto Rico

Electric Power Authority [Case No. 17-3283, ECF No. 23634; Case No.

17-4780, ECF No. 3281]

L. Order of Reference to Magistrate Judge [Case No. 17-3283, ECF No. 23635;

Case No. 17-4780, ECF No. 3283]

M. Order Concerning Modifications to Proposed Discovery and Confirmation

Schedule [Case No. 17-3283, ECF No. 23636; Case No. 17-4780, ECF No.

3284]

Status: This matter is going forward.

Estimated Time Required: 28 minutes.

Order and Number of Speakers: The names of counsel who intend to speak on this

matter and time allocations for each party are listed below, in the order in which the

parties shall present argument:

A. Supporting Parties:

1. FOMB: Margaret Dale and/or Laura Stafford, 6 minutes

B. Objecting Parties:

1. Ad Hoc Group of PREPA Bondholders: Matthew Madden, 10 minutes

2. Assured: William Natbony, 1 minute

3. Unsecured Creditors Committee: Alex Bongartz, 3 minutes

C. Supporting Parties:

1. FOMB: Margaret Dale and/or Laura Stafford, 8 minutes

[Remainder of Page Intentionally Left Blank]

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12

Respectfully submitted,

/s/ Martin J. Bienenstock

Martin J. Bienenstock

Paul V. Possinger

Ehud Barak

Margaret A. Dale

Michael T. Mervis

Daniel S. Desatnik

(Admitted Pro Hac Vice)

PROSKAUER ROSE LLP

Eleven Times Square

New York, NY 10036

Tel: (212) 969-3000

Fax: (212) 969-2900

Email: mbienenstock@proskauer.com

 ppossinger@proskauer.com

 ebarak@proskauer.com

 ddesatnik@proskauer.com

Attorneys for the Financial

Oversight and Management Board

as representative for PREPA

/s/ Hermann D. Bauer

Hermann D. Bauer

USDC No. 215205

O’NEILL & BORGES LLC

250 Muñoz Rivera Ave., Suite 800

San Juan, PR 00918-1813

Tel: (787) 764-8181

Fax: (787) 753-8944

Email: hermann.bauer@oneillborges.com

Co-Attorney for the Financial Oversight and

Management Board as representative for

PREPA

Dated: February 2427, 2023

San Juan, Puerto Rico

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Exhibit A

Order Regarding Procedures for February 28, 2023

 Disclosure Statement Hearing

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Exhibit B

Redline

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