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 03283-LTS

(Jointly Administered)

Government of Puerto Rico

EX REL. Francisco Pujol Meneses and

Harold D. Vicente Gonzalez,

Plaintiff,

v.

UBS Bank USA, et al.,

Defendants.

Adv. Proc. No. 23-00058 (LTS)

MOTION FOR EXTENSION OF TIME TO ANSWER OR OTHERWISE RESPOND TO

THE COMPLAINT AND [PROPOSED] ORDER

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) 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); (iii) Puerto Rico Highways and Transportation

Authority (Bankruptcy Case No. 17-BK-3567 (LTS)) (Last Four Digits of Federal Tax ID: 3808); (iv) Puerto Rico

Sales Tax Financing Corporation (Bankruptcy Case No. 17-BK-3284 (LTS)) (Last Four Digits of Federal Tax ID:

8474); (v) Puerto Rico Electric Power Authority (Bankruptcy Case No. 17-BK-4780 (LTS)) (Last Four Digits of

Federal Tax ID: 3747); and (vi) Puerto Rico Public Buildings Authority (Bankruptcy Case No. 19-05523 (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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WHEREAS, on July 13, 2023, Defendants UBS Bank, USA and UBS Financial Services

Inc. (together, “UBS”) filed a Notice of Removal, Dkt. No. 1, removing this action to this Court

pursuant to 48 U.S.C. § 2166(d)(1); and

WHEREAS, Plaintiffs Government of Puerto Rico ex rel. Francisco Pujol Meneses and

Harold D. Vicente González (the “Plaintiffs”) initially filed this action in the Commonwealth

Court of Puerto Rico, Court of First Instance, San Juan Part (the “Court of First Instance”) and

reserve all rights to seek to remand to that court; and

WHEREAS, the parties have met and conferred regarding a mutually agreeable schedule

for responding to the complaint, and accordingly agreed to the terms and schedule set forth

below;

NOW, THEREFORE, the parties hereby stipulate as follows:

1. Plaintiff may file a Motion for Remand within 45 days to the extent such an

extension is permissible under 48 U.S.C. § 2166, 28 U.S.C. §§ 1446, 1447 or any

other applicable provision. If Plaintiff moves the court for remand within said

term, Defendants will not oppose such filing as untimely.

2. Defendants shall move or answer in response to the Complaint on or before

September 11, 2023, subject to further extensions as agreed by the parties or

otherwise ordered by the Court.

3. The parties may discuss a revised deadline for Defendants to move or answer in

response to the Complaint, in the event Plaintiffs file a timely motion to remand

this action to the Court of First Instance.

4. Except as expressly provided herein, Plaintiffs and Defendants reserve all rights,

claims and defenses.

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Respectfully submitted,

Dated: July 17, 2023

s/ Harold D. Vicente-Colón

Harold D. Vicente-Colón

USDC-PR No. 211805

hdvc@vc-law.net

VICENTE & CUEBAS

P.O. Box 11609

San Juan, PR 00910-1609

Tel.: (787) 751-8000

Fac.: (787) 756-5250

Counsel to Plaintiffs

/s/ Roberto C. Quiñones-Rivera

Roberto C. Quiñones-Rivera

USDC-PR No. 211512

RCQ@mcvpr.com

/s/ Myrgia M. Palacios-Cabrera

Myrgia M. Palacios-Cabrera

USDC-PR No. 230807

MPC@mcvpr.com

McCONNELL VALDÉS LLC

270 Muñoz Rivera Avenue

Hato Rey, Puerto Rico 00918

Tel.: (787) 250-2631 / 5602

Fac.: (787) 759-8282

– and –

Peter G. Neiman (pro hac vice)

Philip D. Anker (pro hac vice)

Ross E. Firsenbaum (pro hac vice)

WILMER CUTLER PICKERING

HALE AND DORR LLP

7 World Trade Center

250 Greenwich Street

New York, NY 10007

Tel.: (212) 230-8800

Counsel to Defendants

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++++++++++++++++++++++++++++++++++++++++++++++++++++++++

SO ORDERED:

____________________________

Hon. , U.S.D.J.

Dated:July _______, 2023

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