THE 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 

INFORMATIVE MOTION OF ASSURED GUARANTY 

CORP. AND ASSURED GUARANTY MUNICIPAL CORP. 

REGARDING THE FEBRUARY 28, 2023 DISCLOSURE STATEMENT HEARING 

To the Honorable United States District Court Judge Laura Taylor Swain: 

 

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 

(“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); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17 BK 04780-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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Assured Guaranty Corp. and Assured Guaranty Municipal Corp. (together, the 

“Assured Entities”) hereby submit this Informative Motion in compliance with the Order 

Regarding Procedures for February 28, 2023, Disclosure Statement Hearing (the “Hearing 

Procedures Order,” ECF No. 23525)2 and respectfully state as follows: 

1. Mark C. Ellenberg (mark.ellenberg@cwt.com) and/or William J. Natbony 

(bill.natbony@cwt.com) and/or Casey J. Servais (casey.servais@cwt.com) and/or Thomas J. 

Curtin (thomas.curtin@cwt.com) of Cadwalader, Wickersham & Taft LLP will appear via Zoom3

and reserve the right to be heard on behalf of the Assured Entities at the February 28, 2023, 

Disclosure Statement Hearing. 

2. Mr. Ellenberg and/or Mr. Natbony and/or Mr. Servais and/or Mr. Curtin will 

speak on behalf of the Assured Entities regarding the Disclosure Statement Motion, the 

Confirmation Procedures, and related briefing, and reserve the right to be heard on any matter 

raised by any party at the February 28, 2023 Disclosure Statement Hearing as concerns the Assured 

Entities related to the Title III Cases or the interests of the Assured Entities. 

3. The required Party Appearance Sheet accompanies this Informative Motion 

as Exhibit A. 

[Remainder of Page Intentionally Omitted] 

 

 

2

 “ECF No.” refers to documents filed in Case No. 17-BK-3283-LTS, unless otherwise noted. 

3 Capitalized terms used in this Informative Motion but not defined herein shall have the meanings ascribed to them 

in the Hearing Procedures Order.

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Dated: February 21, 2023 

 New York, New York 

CASELLAS ALCOVER & BURGOS P.S.C. 

By: /s/ Heriberto Burgos Pérez 

Heriberto Burgos Pérez 

USDC-PR No. 204,809 

Ricardo F. Casellas-Sánchez 

USDC-PR No. 203,114 

Diana Pérez-Seda 

USDC–PR No. 232,014 

P.O. Box 364924 

San Juan, PR 00936-4924 

Tel.: (787) 756-1400 

Fax: (787) 756-1401 

E-mail: hburgos@cabprlaw.com 

 rcasellas@cabprlaw.com 

 dperez@cabprlaw.com 

Counsel for Assured Guaranty Corp. and Assured 

Guaranty Municipal Corp. 

CADWALADER, WICKERSHAM & 

TAFT LLP 

By: /s/ Howard R. Hawkins, Jr. 

Howard R. Hawkins, Jr.* 

Mark C. Ellenberg* 

Casey J. Servais* 

William J. Natbony* 

Thomas J. Curtin* 

200 Liberty Street 

New York, New York 10281 

Tel.: (212) 504-6000 

Fax: (212) 406-6666 

Email: howard.hawkins@cwt.com 

 mark.ellenberg@cwt.com 

 casey.servais@cwt.com 

 bill.natbony@cwt.com 

 thomas.curtin@cwt.com 

 

* Admitted pro hac vice 

Counsel for Assured Guaranty Corp. and 

Assured Guaranty Municipal Corp. 

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CERTIFICATE OF SERVICE 

I hereby certify that I filed this document electronically with the Clerk of the Court 

using the CM/ECF System, which will send notification of such filing to all parties of record in 

the captioned case. 

At New York, New York, the 21st day of February, 2023. 

By: /s/ Howard R. Hawkins, Jr.

 Howard R. Hawkins, Jr.* 

 * Admitted pro hac vice 

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