Estimated Hearing Date: August 30, 2023 at 9:30 a.m. (Atlantic Standard Time) 

 Objection Deadline: August 10, 2023 at 4:00 p.m. (Atlantic Standard Time)

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 

No. 17-BK-3283-LTS 

(Jointly Administered)

NOTICE OF FILING OF 

FIFTEENTH INTERIM FEE APPLICATION OF PROSKAUER 

ROSE LLP FOR COMPENSATION FOR SERVICES RENDERED AND 

REIMBURSEMENT OF EXPENSES INCURRED AS ATTORNEYS FOR THE 

FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, 

AS TITLE III REPRESENTATIVE OF THE DEBTOR, THE COMMONWEALTH OF 

PUERTO RICO, FOR THE PERIOD FEBRUARY 1, 2022 THROUGH MARCH 15, 2022 

PLEASE TAKE NOTICE that that on June 16, 2023, pursuant to this Court’s Third 

Amended Order Setting Procedures for Interim and Final Compensation and Reimbursement of 

Expenses of Professionals [ECF No. 20546] (the “Interim Compensation Order”), Proskauer 

Rose LLP, as attorneys for the Financial Oversight and Management Board for Puerto Rico as 

representative of the Commonwealth of Puerto Rico (the “Debtor”), filed the Fifteenth Interim 

Fee Application of Proskauer Rose LLP for Compensation for Services Rendered and 

Reimbursement of Expenses Incurred as Attorneys for the Financial Oversight and Management 

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). 

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Board for Puerto Rico, as Title III Representative of the Debtor, the Commonwealth of Puerto 

Rico, for the Period February 1, 2022 through March 15, 2022 (the “Application”).

PLEASE TAKE FURTHER NOTICE that any response or objection to the 

Application by any party other than the Fee Examiner must (a) be in writing, (b) conform to the 

Federal Rules of Bankruptcy Procedure, the Interim Compensation Order, and the Sixteenth 

Amended Notice, Case Management and Administrative Procedures [ECF No. 20190-1] (the 

“Case Management Procedures”), and (c) be filed with the Court and served on the entities 

below, so as to be received on or before August 10, 2023 at 4:00 p.m. (AST) (the “Objection 

Deadline”):

(a) the Financial Oversight and Management Board, 40 Washington Square South, 

Office 314A, New York, NY 10012, Attn: Professor Arthur J. Gonzalez, 

Oversight Board Member; 

(b) the attorneys for the Financial Oversight and Management Board as 

representative of The Commonwealth of Puerto Rico, Proskauer Rose LLP, 

Eleven Times Square, New York, NY 10036, Attn.: Martin J. Bienenstock, Esq. 

(mbienenstock@proskauer.com), Ehud Barak, Esq. (ebarak@proskauer.com), 

Brian S. Rosen, Esq. (brosen@proskauer.com), and Proskauer Rose LLP, 70 

West Madison Street, Chicago, IL 60602, Attn.: Paul V. Possinger, Esq. 

(pposinger@proskauer.com); 

(c) the attorneys for the Financial Oversight and Management Board as 

representative of The Commonwealth of Puerto Rico, O’Neill & Borges LLC, 

250 Muñoz Rivera Ave., Suite 800, San Juan, PR 00918-1813, Attn: Hermann 

D. Bauer, Esq. (hermann.bauer@oneillborges.com); 

(d) the attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, O’Melveny & Myers LLP, 7 Times Square, New York, NY 10036, 

Attn: John J. Rapisardi, Esq. (jrapisardi@omm.com) and Diana M. Perez, Esq. 

(dperez@omm.com); 

(e) the attorneys for the Puerto Rico Fiscal Agency and Financial Advisory 

Authority, Marini Pietrantoni Muñiz LLC, MCS Plaza, Suite 500, 255 Ponce de 

León Ave., San Juan, PR 00917, Attn.: Luis C. Marini-Biaggi, Esq. 

(lmarini@mpmlawpr.com) and Carolina Velaz-Rivero, Esq. 

(cvelaz@mpmlawpr.com); 

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(f) the Office of the United States Trustee for the District of Puerto Rico, Edificio 

Ochoa, 500 Tanca Street, Suite 301, San Juan, PR 00901 (In re: Commonwealth 

of Puerto Rico); 

(g) the attorneys for the Official Committee of Unsecured Creditors, Paul Hastings 

LLP, 200 Park Ave., New York, NY 10166, Attn: Luc A. Despins, Esq. 

(lucdespins@paulhastings.com); 

(h) the attorneys for the Official Committee of Unsecured Creditors, Casillas, 

Santiago & Torres LLC, El Caribe Office Building, 53 Palmeras Street, Suite 

1601, San Juan, PR 00901, Attn: Juan J. Casillas Ayala, Esq. 

(jcasillas@cstlawpr.com) and Alberto J.E. Añeses Negrón, Esq. 

(aaneses@cstlawpr.com); 

(i) the attorneys for the Official Committee of Retired Employees, Jenner & Block 

LLP, 919 Third Ave., New York, NY 10022, Attn: Robert Gordon, Esq. 

(rgordon@jenner.com) and Richard Levin, Esq. (rlevin@jenner.com); and 

Jenner & Block LLP, 353 N. Clark Street, Chicago, IL 60654, Attn: Catherine 

Steege, Esq. (csteege@jenner.com) and Melissa Root, Esq. 

(mroot@jenner.com); 

(j) the attorneys for the Official Committee of Retired Employees, Bennazar, 

García & Milián, C.S.P., Edificio Union Plaza, PH-A, 416 Ave. Ponce de León, 

Hato Rey, PR 00918, Attn: A.J. Bennazar- Zequeira, Esq. (ajb@bennazar.org); 

(k) the Puerto Rico Department of Treasury, P.O. Box 9024140, San Juan, PR 00902-

4140, Attn: Reylam Guerra Goderich, Deputy Assistant of Central Accounting 

(Reylam.Guerra@hacienda.pr.gov); Omar E. Rodríguez Pérez, CPA, Assistant 

Secretary of Central Accounting (Rodriguez.Omar@hacienda.pr.gov); Angel L. 

Pantoja Rodríguez, Deputy Assistant Secretary of Internal Revenue and Tax 

Policy (angel.pantoja@hacienda.pr.gov); Francisco Parés Alicea, Assistant 

Secretary of Internal Revenue and Tax Policy (francisco.pares@hacienda.pr.gov); 

and Francisco Peña Montañez, CPA, Assistant Secretary of the Treasury 

(Francisco.Pena@hacienda.pr.gov); 

(l) attorneys for the Fee Examiner, EDGE Legal Strategies, PSC, 252 Ponce de 

León Avenue, Citibank Tower, 12th Floor, San Juan, PR 00918, Attn: Eyck O. 

Lugo, Esq. (elugo@edgelegalpr.com); and 

(m) attorneys for the Fee Examiner, Godfrey & Kahn, S.C., One East Main Street, 

Suite 500, Madison, WI 53703, Attn: Katherine Stadler, Esq. 

(KStadler@gklaw.com). 

PLEASE TAKE FURTHER NOTICE that if (a) no objection is timely filed and served 

in accordance with the Interim Compensation Order and Case Management Procedures and 

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(b) all issues raised by the Fee Examiner are consensually resolved, the relief requested may be 

granted without a hearing. 

PLEASE TAKE FURTHER NOTICE that 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. 

[Remainder of Page Intentionally Left Blank] 

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Dated: June 16, 2023 

 San Juan, Puerto Rico 

Respectfully submitted, 

/s/ Martin J. Bienenstock 

Martin J. Bienenstock (pro hac vice) 

Paul V. Possinger (pro hac vice) 

Ehud Barak (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 

 

-and- 

/s/ Hermann D. Bauer 

Hermann D. Bauer 

USDC No. 215205 

/s/ Ubaldo M. Fernández 

Ubaldo M. Fernández 

USDC No. 224807

O’NEILL & BORGES LLC 

250 Muñoz Rivera Ave., Suite 800 

San Juan, PR 00918-1813 

Tel: (787) 764-8181 

Fax: (787) 753-8944 

Attorneys for the Financial Oversight and 

Management Board as Representative of the 

Debtor

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