FOMB_ Informative Motion re Matters Scheduled for 4_25 Omnibus Hearing; 1

UNITED STATES DISTRICT COURT FOR

THE DISTRICT OF PUERTO RICO

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

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al.,

Debtors.1

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

PROMESA

Title III

No. 17 BK 3283-LTS

(Jointly Administered)

RE: ECF No. 2846

INFORMATIVE MOTION OF THE FINANCIAL OVERSIGHT 

AND MANAGEMENT BOARD REGARDING

APRIL 25, 2018 9:30 A.M. (AST) OMNIBUS HEARING

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

Pursuant to the Court’s Order Requiring the Oversight Board to Confer with the Other 

Parties in Interest Regarding the April 25, 2018 Omnibus Hearing [ECF No. 2846], the 

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

representative of the Debtors, respectfully states as follows:

The Oversight Board conferred with the various parties-in-interest in these cases and 

associated adversary proceedings regarding the status of matters scheduled for the upcoming 

Omnibus Hearing on April 25, 2018 in San Juan (the “April Omnibus Hearing”). With regard to 

the matters currently scheduled to be heard at the April Omnibus Hearing, the Oversight Board 

provides a status update as follows:

1. Report From the Fee Examiner Regarding Certain Adjourned First Interim 

Applications for Compensation

a) Pursuant to the Omnibus Order Awarding Interim Allowance of 

 

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); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17 BK 4780-

LTS) (Last Four Digits of Federal Tax ID: 3747) (Title III case numbers are listed as Bankruptcy Case numbers 

due to software limitations).

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FOMB_ Informative Motion re Matters Scheduled for 4_25 Omnibus Hearing; 1

Compensation for Professional Services Rendered and 

Reimbursement of Expenses for the First Interim Compensation 

Period from May 3 Through September 30, 2017 [Case No. 17-

3283, ECF No. 2685], the following first interim fee applications 

were adjourned to the April Omnibus Hearing:

1. Andrew Wolfe [Case No. 17-3283, ECF No. 2259]

2. Ankura Consulting Group, LLC [Case No. 17-3283, ECF Nos.

2148, 2142]

3. McKinsey & Company, Inc. [Case No. 17-3283, ECF No. 

2073]

4. O’Neill & Borges LLC [Case No. 17-3283, ECF No. 2075]

5. Proskauer Rose, LLP [Case No. 17-3283, ECF Nos. 2043, 

2045, 2053, 2066, 2068]

b) The parties hereto agree that to the extent the fee applications

listed above have not been resolved between the applicant and Fee 

Examiner, the hearing on such fee applications be relocated to 

New York and held at the originally scheduled time.

2. Motion to Compel the Puerto Rico Highways and Transportation Authority to 

Assume or Reject Executory Contracts [Case No. 17-3283, ECF Nos. 614, 627, 

685, 686]

a) The parties hereto mutually agree to adjourn these matters to the 

June omnibus hearing.

3. Motion and Incorporated Memorandum of Law of the COFINA Agent to Certify

Questions Under Puerto Rico Law to the Supreme Court of Puerto Rico [Case 

No. 17-257, ECF No. 329]

a) The parties hereto mutually agree (i) that the motion is opposed 

and requires a hearing, and (ii) that the hearing be relocated to 

New York at the originally scheduled time.

4. Abengoa, S.A. and Abengoa Puerto Rico, S.E.’s Motion and Memorandum for a 

Modified Lift of Stay to Require PREPA to Coordinate the Conclusion of Trial

[Case No. 17-4780, ECF Nos. 528, 766]

a) The parties hereto mutually agree (i) that the motion is opposed 

and requires a hearing, and (ii) that the hearing be relocated to 

New York at the originally scheduled time.

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FOMB_ Informative Motion re Matters Scheduled for 4_25 Omnibus Hearing; 1

Dated: April 11, 2018

San Juan, Puerto Rico

Respectfully submitted,

/s/ Ehud Barak

Martin J. Bienenstock

Paul V. Possinger

Ehud Barak

Maja Zerjal

(Admission Pro Hac Vice)

PROSKAUER ROSE LLP

Eleven Times Square

New York, NY 10036

Tel: (212) 969-3000

Fax: (212) 969-2900

Attorneys for the Financial Oversight and 

Management Board as representative for the 

Debtors

/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

Co-Attorneys for the Financial Oversight and 

Management Board as representative for the 

Debtors

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