230308 ORD RE 550TH OMNI OBJ VERSION MARCH 8, 2023 1

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)

ORDER GRANTING FIVE HUNDRED FIFTIETH OMNIBUS OBJECTION (NON-SUBSTANTIVE)

OF THE PUERTO RICO ELECTRIC POWER AUTHORITY TO DUPLICATIVE BOND CLAIMS

Upon the Five Hundred Fiftieth Omnibus Objection (Non-Substantive) of the 

Puerto Rico Electric Power Authority to Duplicative Bond Claims (Docket Entry No. 22737) (the 

“Five Hundred Fiftieth Omnibus Objection”)2 of the Puerto Rico Electric Power Authority 

(“PREPA”), dated October 28, 2022, for entry of an order disallowing certain claims filed against 

 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 (the “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); (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”, and together with the 

Commonwealth, COFINA, HTA, ERS, and PREPA, the “Debtors”) (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)

2 Capitalized terms not otherwise defined herein shall have the meanings given to such terms 

in the Five Hundred Fiftieth Omnibus Objection.

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230308 ORD RE 550TH OMNI OBJ VERSION MARCH 8, 2023 2

PREPA, as more fully set forth in the Five Hundred Fiftieth Omnibus Objection and supporting 

exhibits thereto; and the Court having jurisdiction to consider the Five Hundred Fiftieth Omnibus 

Objection and to grant the relief requested therein pursuant to PROMESA section 306(a); and 

venue being proper pursuant to PROMESA section 307(a); and due and proper notice of the Five 

Hundred Fiftieth Omnibus Objection having been provided to those parties identified therein, and 

no other or further notice being required; and the claims identified in Exhibit A hereto to the Five 

Hundred Fiftieth Omnibus Objection (collectively, the “Duplicative Bond Claims”) asserting a 

duplicative claim, as set forth in Exhibit A hereto; and the Court having determined that the relief 

sought in the Five Hundred Fiftieth Omnibus Objection is in the best interest of PREPA and its 

creditors, and all the parties in interest; and the Court having determined that the legal and factual

bases set forth in the Five Hundred Fiftieth Omnibus Objection establish just cause for the relief 

granted herein; and after due deliberation and sufficient cause appearing therefor, it is

ORDERED that the Five Hundred Fiftieth Omnibus Objection is GRANTED as set 

forth herein; and it is further

ORDERED that the Duplicative Bond Claims are hereby disallowed in their 

entirety; and it is further

 ORDERED that Prime Clerk (now Kroll Restructuring Administration LLC) is 

authorized and directed to delete the Duplicative Bond Claims from the official claims register in 

the Title III Cases; and it is further

ORDERED that this Order resolves Docket Entry No. 22737 in Case No. 17-3283; 

and it is further

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230308 ORD RE 550TH OMNI OBJ VERSION MARCH 8, 2023 3

ORDERED that this Court shall retain jurisdiction to hear and determine all matters arising 

from or related to the implementation, interpretation, or enforcement of this Order.

SO ORDERED.

Dated: March 8, 2023

/s/ Laura Taylor Swain

LAURA TAYLOR SWAIN

United States District Judge

Case:17-03283-LTS Doc#:23752 Filed:03/08/23 Entered:03/08/23 15:05:40 Desc: Main

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