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UNITED STATES DISTRICT COURT

DISTRICT OF PUERTO RICO

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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.

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PROMESA Title III

Case No. 17-BK-3283 (LTS) 

(Jointly Administered)

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INFORMATIVE MOTION OF THE COFINA SENIOR 

BONDHOLDERS’ COALITION REGARDING ITS REQUEST TO BE 

HEARD AT THE JUNE 6-7, 2018 OMNIBUS HEARING

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

The COFINA Senior Bondholders’ Coalition2submits this informative motion in response 

to the Court’s Order (I) Regarding Procedures for Attendance, Participation and Observation of 

 

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 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).

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 The members of the COFINA Senior Bondholders’ Coalition are Fideicomiso Plaza and the following 

entities, either as beneficial holders or on behalf of managed funds and accounts: Aristeia Horizons, L.P.; 

Canyon Capital Advisors LLC (on behalf of its participating clients); River Canyon Fund Management 

LLC (on behalf of its participating clients); Decagon Holdings 1, L.L.C.; Decagon Holdings 2, L.L.C.; 

Decagon Holdings 3, L.L.C.; Decagon Holdings 4, L.L.C.; Decagon Holdings 5, L.L.C.; Decagon Holdings 

6, L.L.C.; Decagon Holdings 7, L.L.C.; Decagon Holdings 8, L.L.C.; Decagon Holdings 9, L.L.C.; Decagon 

Holdings 10, L.L.C.; GoldenTree Asset Management LP; Old Bellows Partners LP; Scoggin Management 

LP; Taconic Master Fund 1.5 L.P.; Taconic Opportunity Master Fund L.P.; Tilden Park Capital 

Management LP.; and Whitebox Advisors, LLC.

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June 6-7, 2018, Omnibus Hearing and (II) Directing the Oversight Board to Provide a Status 

Report at the Omnibus Hearing (Dkt. 3075) (the “Order”), and respectfully states as follows: 

1. Daniel Salinas of Quinn Emanuel Urquhart & Sullivan, LLP, and Rafael Escalera 

of Reichard & Escalera, co-counsel for the COFINA Senior Bondholders’ Coalition, plan to appear 

at the June 6-7 Hearing in Courtroom 3 of the United States District Court for the District of Puerto 

Rico, 150 Carlos Chardón Street, Federal Building, San Juan, Puerto Rico 00918-1767. 

2. The COFINA Senior Bondholders’ Coalition does not plan to present argument on 

any scheduled matter, but it reserves its right to be heard on any matter presented to the Court and

to respond to any statements made by any party in connection with the above-captioned Title III 

cases to the extent it impacts COFINA or the interests of the COFINA Senior Bondholders’ 

Coalition.

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DATED: May 31, 2018

Respectfully submitted,

REICHARD & ESCALERA

By : /s/ Rafael Escalera

Rafael Escalera

USDC No. 122609

escalera@reichardescalera.com

Sylvia M. Arizmendi

USDC-PR 210714

arizmendis@reichardescalera.com

Fernando Van Derdys

USDC-PR 201913

fvander@reichardescalera.com 

Carlos R. Rivera-Ortiz 

USDC-PR 303409

riverac@reichardescalera.com

Gustavo A. Pabón-Rico

USDC-PR 231207

pabong@reichardescalera.com

255 Ponce de León Avenue

MCS Plaza, 10th Floor

San Juan, Puerto Rico 00917-1913 

QUINN EMANUEL URQUHART & 

SULLIVAN, LLP

Susheel Kirpalani (pro hac vice)

susheelkirpalani@quinnemanuel.com

Daniel Salinas

USDC-PR 224006

danielsalinas@quinnemanuel.com

David Cooper (pro hac vice)

davidcooper@quinnemanuel.com

Eric Kay (pro hac vice)

erickay@quinnemanuel.com

Kate Scherling (pro hac vice)

katescherling@quinnemanuel.com

Rex Lee (pro hac vice)

rexlee@quinnemnauel.com

Darren M. Goldman (pro hac vice)

darrengoldman@quinnemanuel.com

51 Madison Avenue, 22nd Floor

New York, New York 10010-1603

Co-Counsel to the COFINA Senior Bondholders’ Coalition

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CERTIFICATE OF SERVICE

I hereby certify that on this same date, I electronically filed the foregoing with the Clerk 

of the Court using the CM/ECF system, which will send notification of such filing to counsel for 

the parties of record.

/s/Carlos R. Rivera-Ortiz

USDC-PR 303409

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