USActive 44918328.2

IN THE UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

IN THE 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 

Case No. 17 BK 3283-LTS 

(Jointly Administered) 

INFORMATIVE MOTION OF ASSURED GUARANTY CORP. AND ASSURED 

GUARANTY MUNICIPAL CORP. REGARDING MAY 21, 2018 HEARING 

 

 

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 (“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); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17 

BK 04780-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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To the Honorable United States Magistrate Judge Judith Gail Dein: 

Assured Guaranty Corp. and Assured Guaranty Municipal Corp. (together, 

“Assured”) hereby submit this informative motion in compliance with the Notice of Hearing and 

Procedural Order (ECF No. 2994),2 regarding the hearing on May 21, 2018 (“Hearing”) and 

respectfully states as follows: 

1. Ellen M. Halstead of Cadwalader, Wickersham & Taft LLP will appear 

and present argument on behalf of Assured in Courtroom #8 of the United States District Court 

for the District of Massachusetts, One Courthouse Way, Boston, Massachusetts 02210. 

2. Ms. Halstead will address: 

 Motion to Compel Compliance with February 26, 2018 Order and For 

Entry of a Protective Order of Ad Hoc Group of General Obligation 

Bondholders, Ambac Assurance Corporation, Assured Guaranty Corp., 

Assured Guaranty Municipal Corp., the Mutual Fund Group, and 

National Public Finance Guarantee Corporation (ECF No. 2865). 

 Joinder of Assured Guaranty Corp., Assured Guaranty Municipal Corp., 

National Public Finance Guarantee Corporation, The Ad Hoc Group of 

PREPA Bondholders, Syncora Guarantee Inc., and U.S. Bank National 

Association, in its Capacity as PREPA Bond Trustee to Motion to Compel 

Compliance With February 26, 2018 Order and For Entry Of A Protective 

Order of Ad Hoc Group of General Obligation Bondholders, Ambac 

Assurance Corporation, Assured Guaranty Corp., Assured Guaranty 

Municipal Corp., The Mutual Fund Group, and National Public Finance 

Guarantee Corporation (ECF No. 2948). 

 Joint Report ordered to be filed on May 14, 2018 pursuant to the Order of 

the Honorable United States Magistrate Judge Judith Gail Dein entered on 

April 27, 2018 (ECF No. 2969). 

3. Ms. Halstead also appears to respond to, as appropriate, any statements 

made by any party in connection with the above-captioned Title III cases or any adversary 

proceedings currently pending in the above-captioned Title III cases. 

 

2

 “ECF No.” refers to filings in Case No. 17 BK 3283-LTS, unless otherwise noted. 

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4. Ellen V. Holloman and Gillian Groarke Burns of Cadwalader, 

Wickersham & Taft LLP will also attend the Hearing on behalf of Assured. 

Dated: May 14, 2018 

 New York, New York 

CASELLAS ALCOVER & BURGOS P.S.C. 

/s/ Heriberto Burgos Pérez 

Heriberto Burgos Pérez 

USDC-PR No. 204,809 

Ricardo F. Casellas-Sánchez 

USDC-PR No. 203,114 

Diana Pérez-Seda 

USDC–PR No. 232,014 

E-mail: hburgos@cabprlaw.com 

 rcasellas@cabprlaw.com 

 dperez@cabprlaw.com 

P.O. Box 364924 

San Juan, PR 00936-4924 

Tel.: (787) 756-1400 

Fax: (787) 756-1401 

Counsel for Assured Guaranty Corp. and Assured 

Guaranty Municipal Corp. 

CADWALADER, WICKERSHAM & TAFT 

LLP 

/s/ Ellen M. Halstead 

Howard R. Hawkins, Jr.* 

Mark C. Ellenberg* 

Ellen V. Holloman* 

Ellen M. Halstead* 

Gillian Groarke Burns* 

Thomas J. Curtin* 

Casey J. Servais* 

200 Liberty Street 

New York, New York 10281 

Tel.: (212) 504-6000 

Fax: (212) 406-6666 

Email: howard.hawkins@cwt.com 

 mark.ellenberg@cwt.com 

 ellen.holloman@cwt.com 

 ellen.halstead@cwt.com 

 gillian.burns@cwt.com 

 thomas.curtin@cwt.com 

 casey.servais@cwt.com 

* admitted pro hac vice 

Counsel for Assured Guaranty Corp. and 

Assured Guaranty Municipal Corp. 

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CERTIFICATE OF SERVICE 

I hereby certify that I filed this document electronically with the Clerk of the 

Court using the CM/ECF System, which will send notification of such filing to all parties of 

record in the captioned case. Further, I directed that the following counsel of record be served 

by U.S. Mail: 

Office of the United States Trustee for Region 21

Edificio Ochoa 

500 Tanca Street, Suite 301 

San Juan, PR 00901-1922 

Gerardo J. Portela Franco 

Puerto Rico Fiscal Agency and Financial 

Advisory Authority (AAFAF) 

De Diego Ave. Stop 22 

San Juan, Puerto Rico 00907 

John J. Rapisardi, Esq. 

O’Melveny & Myers LLP 

7 Times Square 

New York, New York 10036 

Luis C. Marini-Biaggi, Esq. 

Marini Pietrantoni Muniz, LLC 

MCS Plaza, Suite 500 

255 Ponce de León Ave. 

San Juan, PR 00917 

Martin J. Bienenstock, Esq. 

Proskauer Rose LLP 

Eleven Times Square 

New York, New York 10036-8299 

Hermann D. Bauer, Esq. 

O’Neill & Borges LLC 

250 Muñoz Rivera Ave., Suite 800 

San Juan, PR 00918-1813 

Nancy A. Mitchell, Esq. 

Greenberg Traurig LLP 

200 Park Avenue 

New York, New York 10166 

Arturo Diaz-Angueira, Esq. 

Cancio, Nadal, Rivera & Diaz, P.S.C. 

403 Muñoz Rivera Ave. 

San Juan (Hato Rey), PR 00918-3345 

Luc A. Despins, Esq. 

Paul Hastings LLP 

200 Park Avenue 

New York, New York 10166 

Juan. J. Casillas Ayala 

Casillas, Santiago & Torres LLC 

El Caribe Office Building 

53 Palmeras Street, Suite 1601 

San Juan, PR 00901-2419 

Robert Gordon, Esq. 

Jenner & Block LLP 

919 Third Avenue 

New York, New York 10022 

A.J. Bennazar-Zequeira 

Bennazar, Garcia & Milian, C.S.P. 

Edificio Union Plaza PH-A piso 18 Avenida 

Ponce de Leon #416 

Hato Rey, PR 00918 

At New York, New York, 14th day of May, 2018. 

By: /s/ Ellen M. Halstead* 

 Ellen M. Halstead 

 * Admitted pro hac vice 

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