Exhibit A

Proposed Order

Case:17-03283-LTS Doc#:2531-1 Filed:02/16/18 Entered:02/16/18 17:41:45 Desc:

Exhibit A - Proposed Order Page 1 of 4
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.5

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

Re: ECF Nos. 549, 722.

Urgent Application Relates Only to 

PREPA and Shall Only Be Filed in 

Case No. 17 BK 4780-LTS

The Financial Oversight and 

Management Board for Puerto Rico,

as representative of

Puerto Rico Electric Power Authority,

Movant,

 5

 The Debtors in the jointly-administered Title III cases, along with each Debtor’s respective Title III case number 

listed as a bankruptcy case number due to software limitations 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) 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); (iv) Puerto Rico Highways 

and Transportation Authority (“HTA”) (Bankruptcy Case No. 17 BK 3567-LTS) (Last Four Digits of Federal 

Tax ID: 3808); 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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v.

WHITEFISH ENERGY HOLDINGS, LLC, et al.6

Respondents,

ORDER GRANTING URGENT MOTION OF 

OVERSIGHT BOARD AND AAFAF TO SCHEDULE RESOLUTION OF

OVERSIGHT BOARD AND AAFAF’S URGENT APPLICATION AND NOTICE OF 

REVISED PROPOSED $300 MILLION LOAN FROM COMMONWEALTH TO PREPA

Upon the Urgent Motion of Oversight Board and AAFAF to Schedule Resolution of the 

Oversight Board and AAFAF’s Urgent Application and Notice of Revised Proposed $300 Million 

Loan From Commonwealth to PREPA (the “Scheduling Motion”);7 and the Court having found 

it has subject matter jurisdiction over this matter pursuant to section 306(a) of PROMESA; and it 

appearing venue in this district is proper pursuant to section 307(a) of PROMESA; and the Court 

having found the Debtor provided adequate and appropriate notice of the Scheduling Motion 

under the circumstances and that no other or further notice is required; and upon the record 

herein, after due deliberation thereon, the Court having found that good and sufficient cause 

exists for the granting of the relief as set forth herein,

IT IS HEREBY ORDERED THAT:

1. The Scheduling Motion is GRANTED as set forth herein.

2. The parties shall comply with the following briefing schedule and procedure in 

relation to the Urgent Joint Application:

 6 The Respondents include: Arc American, Inc., the Ad Hoc Group of General Obligation Bondholders, U.S. Bank 

National Association in its Capacity as PREPA Bond Trustee, the Ad Hoc Group of PREPA Bondholders, 

Whitefish Energy Holdings, LLC, Scotiabank de Puerto Rico, Solus Alternative Asset Management LP, National 

Public Finance Guarantee Corporation, Ambac Assurance Corporation, Assured Guaranty Corp., Assured 

Guaranty Municipal Corp., Syncora Guarantee Inc., the Official Committee of Unsecured Creditors, Siemens 

Transportation Partnership Puerto Rico, S.E, and Knighthead Capital Management, LLC (collectively, the 

“Respondents”).

7 Capitalized terms not otherwise defined herein shall have the meanings given to them in the Scheduling Motion.

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a. Saturday, February 17, 2018, by 6 p.m. (EST): Parties must file any responses 

or objections (“Objections”) to the Revised Financing Documents;

b. Sunday, February 18, 2018, by 2 p.m. (EST): Movants and any other party 

must file any replies to the Objections and any further revisions to the Financing 

Documents.

c. Determination on Submissions: The Court shall determine the Urgent Joint 

Application on the submissions, without further hearing, unless one or more 

parties request a hearing and the Court schedules a hearing.

d. Hearing Date (if needed): If the Court determines to hold a hearing on the 

submissions, the hearing shall be held on Tuesday February 20, 2018 at 9:30 

a.m. (Eastern Standard Time) (10:30 a.m. Atlantic Standard Time) in 

Courtroom 17C of the United States District Court for the Southern District of 

New York, Daniel Patrick Moynihan Courthouse, 500 Pearl Street, New York, 

NY 10007 and by video teleconference in a Courtroom to be determined at the 

United States District Court for the District of Puerto Rico, 150 Carlos Chardón 

Street, Federal Building, San Juan, Puerto Rico 00918-1767.

Dated: February 16, 2018

THE HONORABLE LAURA TAYLOR SWAIN

United States District Judge

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