UNITED STATES DISTRICT COURT

DISTRICT OF PUERTO RICO

---------------------------------------------------------------x

In re:

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO,

as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al.,

Debtors.1

---------------------------------------------------------------x

PROMESA

Title III

No. 17 BK 3283-LTS

(Jointly Administered)

NOTICE OF AGENDA OF MATTERS SCHEDULED

FOR THE HEARING ON NOVEMBER 7–8, 2018 AT 9:30 A.M. AST2

Time and Date of 

Hearing:

Wednesday, November 7, 2018,

from 9:30 a.m. to 12:00 p.m., 

from 1:00 p.m. to 5:00 p.m.,

and, if necessary,

Thursday, November 8, 2018,

from 9:30 a.m. to 12:00 p.m.,

(Atlantic Standard Time)

Location of Hearing: Honorable Laura Taylor Swain, United States District Court Judge

Courtroom 3

United States District Court for the District of Puerto Rico 

Clemente Ruiz Nazario United States Courthouse

150 Carlos Chardón Avenue

San Juan, P.R. 00918-1767

Video Teleconference: The hearing will be broadcast by video

teleconference in Courtroom 17C3of the United States District 

 

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); and (v) Puerto Rico Electric Power Authority (“PREPA”) (Bankruptcy Case No. 17 BK 4780-LTS) (Last 

Four Digits of Federal Tax ID: 3747) (Title III case numbers are listed as Bankruptcy Case numbers due to software 

limitations).

2 Attendees should note that daylight savings time ends on November 4, 2018. As such, the hearing will take place at 

9:30 a.m. Atlantic Standard Time, which is 8:30 a.m. Eastern Standard Time, on November 7–8, 2018.

3 Attendees should check the notice board in the lobby of the New York courthouse on the morning of the hearing to 

confirm the courtroom location.

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 1 of 10
2

Court for the Southern District of New York, Daniel Patrick 

Moynihan Courthouse, 500 Pearl Street, New York, NY 10007

Copies of Documents: Copies of all documents filed in these title III cases are available free 

of charge (a) by visiting https://cases.primeclerk.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.

I. STATUS REPORT

1. Report from the Oversight Board

Description: General status report from professionals for the Oversight Board, including 

evaluation of recent disclosures of McKinsey security holdings and anticipated timetable 

for proposal of additional plans of adjustment.

Estimated Time Required: 30 minutes.

II. FEE APPLICATIONS:

1. Report from the Fee Examiner regarding First, Second, and Third Interim 

Applications for Compensation.

Description: The Fee Examiner, Brady C. Williamson, will present his recommendations 

regarding the first, second, and third interim applications for allowance of compensation 

and reimbursement of expenses submitted by the following professionals:

Applicant Docket No. Period

1. McKinsey & Company, Inc. Washington D.C. (Consulting 

Services Provider to FOMB)

2073 05/03/2017  

09/30/2017

2. McKinsey & Company, Inc. Washington D.C. (Consulting 

Services Provider to FOMB)

27561 10/01/2017  

1/31/2018

3. McKinsey & Company, Inc. Washington D.C. (Consulting 

Services Provider to FOMB)

27562 10/01/2017  

1/31/2018

4. McKinsey & Company, Inc. Washington D.C. (Consulting 

Services Provider to FOMB)

27563 10/01/2017  

1/31/2018

5. Andrew Wolfe (Independent Contractor to FOMB) 2718 10/01/2017  

1/31/2018

6. Zolfo Cooper, LLC (Financial Advisor to the Official 

Committee of Unsecured Creditors)

2739 10/01/2017  

1/31/2018

7. Andrew Wolfe (Independent Contractor to FOMB) 3521 2/01/2018  

5/31/2018

8. Pension Trustee Advisors, Inc. (Pension Consultant to 

FOMB)

3522 2/01/2018  

5/31/2018

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 2 of 10
3

Applicant Docket No. Period

9. Phoenix Management Services, LLC (Financial Advisor to 

the Mediation Team)

3523 2/05/2018  

6/03/2018

10. Luskin, Stern & Eisler LLP (Special Counsel to the FOMB) 3530 2/01/2018  

5/31/2018

11. Ernst & Young LLP (Financial Advisor to the FOMB) 3532 2/01/2018 

4/30/2018

12. Jenner & Block LLP (Counsel to the Official Committee of 

Retired Employees)

3535 2/01/2018  

5/31/2018

13. Marchand ICS Group (Information Agent to the Official 

Committee of Retired Employees)

3536 2/01/2018  

5/31/2018

14. Segal Consulting (Actuaries and Consultants to the Official 

Committee of Retired Employees)

3537 2/01/2018  

5/31/2018

15. FTI Consulting, Inc. (Financial Advisor to the Official 

Committee of Retired Employees)

3543 2/01/2018  

5/31/2018

16. Members of Retirees Committee 3547 2/01/2018  

5/31/2018

17. Greenberg Traurig LLP (Counsel for PREPA and AAFAF) 3556 2/01/2018  

5/31/2018

18. Rothschild Inc. (Financial Advisor and Investment Banker for 

AAFAF)

3561 4/01/2018  

5/31/2018

19. Casillas, Santiago & Torres LLC (Puerto Rico Counsel to 

Official Committee of Unsecured Creditors)

3562 2/01/2018  

5/31/2018

20. Kroma Advertising Inc. (Communications Advisor to Official 

Committee of Unsecured Creditors)

3566 2/15/2018  

4/15/2018

21. Drivetrain LLC and SEIU (Member of Official Committee of 

Unsecured Creditors)

3567 1/01/2018  

5/31/2018

22. McKinsey & Company, Inc. (Counsel to AAFAF – COFINA) 3580 2/01/2018  

5/31/2018

23. McKinsey & Company Inc. (Consulting Services Provider to 

Debtors – HTA)

467

(173567)

2/01/2018  

5/31/2018

24. McKinsey & Company Inc. (Consulting Services Provider to 

Debtors – PREPA)

919

(1704780)

2/01/2018  

5/31/2018

25. Marini Pietrantoni Muniz, LLC (Puerto Rico Counsel to 

AAFAF – COFINA)

3583 3/01/2018  

5/31/2018

26. Marini Pietrantoni Muniz, LLC (Puerto Rico Counsel to 

AAFAF – ERS)

3584 3/01/2018  

5/31/2018

27. Marini Pietrantoni Muniz, LLC (Puerto Rico Counsel to 

AAFAF – HTA)

3586 3/01/2018  

5/31/2018

28. Marini Pietrantoni Muniz, LLC (Puerto Rico Counsel to 

AAFAF – Commonwealth)

3587 3/01/2018  

5/31/2018

Presentation of recommendations regarding the second and third interim applications for 

allowance of compensation and reimbursement of expenses submitted by the following 

professionals has been adjourned until the December 19, 2018 omnibus hearing:

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 3 of 10
4

Applicant Docket No. Period

1. Proskauer Rose LLP (Bankruptcy Counsel to Debtors 

Commonwealth)

2868 10/01/2017  

01/31/2018

2. Proskauer Rose LLP (Bankruptcy Counsel to Debtors 

COFINA)

2870 10/01/2017  

01/31/2018

3. Proskauer Rose LLP (Bankruptcy Counsel to Debtors ERS) 2872 10/01/2017  

01/31/2018

4. Proskauer Rose LLP (Bankruptcy Counsel to Debtors 

PREPA)

2876 10/01/2017  

01/31/2018

5. Proskauer Rose LLP (Bankruptcy Counsel to Debtors HTA) 2874 10/01/2017  

01/31/2018

6. Ankura Consulting Group, LLC (Financial Advisors to the 

Puerto Rico Fiscal Agency and Financial Advisory Authority)

2751 10/01/2017  

1/31/2018

7. Ankura Consulting Group, LLC (Financial Advisors to 

PREPA)

2755 10/01/2017  

1/31/2018

8. Citigroup Global Markets Inc. (Investment Banker and 

Financial Advisor to FOMB)

2944 1/27/2017  

1/31/2018

9. Munger Tolles & Olson (Counsel for Oversight Board) 3519 8/1/2017  

5/31/2018

10. Filsinger Energy Partners (Chief Financial Advisor  

PREPA)

3526 2/01/2018  

05/31/2018

11. Bennazar, Garcia & Milan (Puerto Rico Counsel for Retirees 

Committee)

3539 2/01/2018  

5/31/2018

12. Bettina M. Whyte (COFINA Agent) 3540 2/01/2018  

5/31/2018

13. Willkie Farr & Gallagher LLP (Counsel for COFINA Agent) 3541 2/01/2018  

5/31/2018

14. Klee, Tuchin, Bogdanoff & Stern LLP (Special Municipal 

Bankruptcy Counsel for COFINA Agent)

3542 2/01/2018  

5/31/2018

15. Nilda NavarroCabrer (Puerto Rico Counsel for COFINA 

Agent)

3545 2/01/2018 - 

5/31/2018

16. O'Neill & Borges LLC (Puerto Rico Counsel to Oversight 

Board)

3559 2/01/2018  

5/31/2018

17. Cancio, Nadal, Rivera & Diaz, PSC (Puerto Rico Counsel to 

PREPA

3560 2/01/2018  

5/31/2018

18. Ankura Consulting Group LLC (Financial Advisors to 

Commonwealth)

3564 2/01/2018  

5/31/2018

19. Ankura Consulting Group LLC (Financial Advisors to 

PREPA)

918

(17-4780)

2/01/2018  

5/31/2018

20. Zolfo Cooper, LLC (Financial Advisors to PREPA) 3565 2/01/2018  

5/31/2018

21. Paul Hastings LLP (Counsel to Official Committee of 

Unsecured Creditors)

3568 2/01/2018  

5/31/2018

22. DLA Piper (Counsel to AAFAF) 3569 2/01/2018  

5/31/2018

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 4 of 10
5

Applicant Docket No. Period

23. Proskauer Rose (Counsel for Debtors COFINA) 3571 2/01/2018  

5/31/2018

24. Proskauer Rose (Counsel for Debtors ERS) 3590 2/01/2018  

5/31/2018

25. Proskauer Rose (Counsel for Debtors HTA) 3576 2/01/2018  

5/31/2018

26. Proskauer Rose (Counsel for Debtors PREPA) 3582 2/01/2018  

5/31/2018

27. Proskauer Rose (Counsel for Debtors Commonwealth) 3588 2/01/2018  

5/31/2018

28. O'Melveny & Myers (Counsel to AAFAF – COFINA) 3575 2/01/2018  

5/31/2018

29. O'Melveny & Myers (Counsel to AAFAF – ERS) 3578 2/01/2018  

5/31/2018

30. O'Melveny & Myers (Counsel to AAFAF – HTA) 3579 2/01/2018  

5/31/2018

31. O'Melveny & Myers (Counsel to AAFAF – Commonwealth) 3581 2/01/2018  

5/31/2018

32. Deloitte Financial Advisory Services LLP (Debtor’s Financial 

Advisor)

3831 2/01/2018  

5/31/2018

33. Citigroup Global Markets Inc. (Investment Banker and 

Financial Advisor to FOMB)

4020 2/01/2018  

5/31/2018

Related Documents: 

A. Fee Examiner’s Third Interim Report on Professional Fees and Expenses (February 

1, 2018–May 31, 2018), Summary of Uncontested Fee Applications for the Third 

Interim and Prior Compensation Periods, Notice of Deferral of Specific Second and 

Third Interim Applications for Consideration at the December 19 Omnibus Hearing 

or at a Later Date, and Informative Motion Regarding Attendance and Participation 

at November 7, 2018 Hearing [Case No. 17-3283, ECF No. 4126]

Status: This matter is going forward.

Estimated Time Required: 20 minutes.

III.UNCONTESTED MATTER

1. Debtors’ Motion to Establish Omnibus Claims Objection Procedures. Motion for 

Entry of an Order (A) Approving Limited Omnibus Objection Procedures, (B) Waiving the 

Requirement of Bankruptcy Rule 3007(e)(6), and (C) Granting Related Relief [Case No. 

17-3283, ECF No. 4052]

Description: The Oversight Board, on behalf of the Commonwealth, COFINA, ERS, HTA, 

and PREPA, seeks entry of an order approving certain omnibus objection procedures.

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 5 of 10
6

Objection Deadline: October 23, 2018 at 4:00 p.m. (Atlantic Standard Time).

Responses: 

A. None.

Reply, Joinder & Statement Deadlines: October 30, 2018 at 4:00 p.m. (Atlantic Standard 

Time) for all parties other than the Debtors or Statutory Committees and October 31, 2018 

at 4:00 p.m. (Atlantic Standard Time) for Debtors and Statutory Committees.

Replies, Joinders & Statements: 

A. None.

Related Documents: 

A. Notice of Filing of Revised Proposed Order (A) Approving Limited Omnibus 

Objection Procedures, (B) Waiving the Requirement of Bankruptcy Rule 

3007(e)(6), and (C) Granting Related Relief [Case No. 17-3283, ECF No. 4122]

B. Amended Notice of Filing of Revised Proposed Order (A) Approving Limited 

Omnibus Objection Procedures, (B) Waiving the Requirement of Bankruptcy Rule 

3007(E)(6), and (C) Granting Related Relief [Case No. 17-3283, ECF No. 4131]

Status: This matter is going forward.

Estimated Time Required: 20 minutes.

IV.CONTESTED MATTERS:

1. AMPR’s Motion for Relief from Stay. Motion for Relief from Automatic Stay [Case No. 

17-3283, ECF No. 3914]

Description: Asociación de Maestros de Puerto Rico, and its Union, Asociación de 

Maestros de Puerto Rico-Local Sindical, both of which are affiliates of the American 

Federation of Teachers, seek relief from the automatic stay.

Objection Deadline: October 27, 2018 at 4:00 p.m. (Atlantic Standard Time).

Responses: 

A. Objection of the Commonwealth to Motion for Relief from Automatic Stay filed by 

Asociación de Maestros de Puerto Rico, and its Union, Asociación de Maestros de 

Puerto Rico-Local Sindical [Case No. 17-3283, ECF No. 4038]

Reply, Joinder & Statement Deadlines: October 19, 2018 at 4:00 p.m. (Atlantic Standard 

Time).

Replies, Joinders & Statements: 

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 6 of 10
7

A. Movants’ Reply to Objection of the Commonwealth to Motion for Relief From 

Automatic Stay Filed by AMPR and AMPR-LS [Case No. 17-3283, ECF No. 

4071]

Related Documents: 

A. Order Scheduling Briefing of Motion for Relief from Automatic Stay [Case No. 17-

3283, ECF No. 3916]

B. Urgent Joint Motion for Extension of Deadlines [Case No. 17-3283, ECF No. 

3960]

C. Order Extending Deadlines under Order Scheduling Briefing of Motion for Relief 

from Automatic Stay [Case No. 17-3283, ECF No. 3966]

D. Unopposed Motion of Commonwealth of Puerto Rico for Leave to File Sur-Reply 

to Movants’ Reply to Objection of the Commonwealth to Motion for Relief from 

Automatic Stay Filed by AMPR and AMPR-LS [Case No. 17-3283, ECF No. 

4107]

Status: This matter is going forward.

Estimated Time Required: 30 minutes.

2. Pan American Grain Co., Inc.’s Motion for Relief from Stay. Motion for Relief from 

Stay to Execute Set-Off [Case No. 17-3283, ECF No. 4004]

Description: Pan American Grain Co., Inc. seeks relief from the automatic stay to execute 

set-off.

Objection Deadline: October 17, 2018 at 4:00 p.m. (Atlantic Standard Time).

Responses: 

A. Objection of U.S. Bank National Association, in its Capacity as PREPA Bond 

Trustee, to Pan American Grain Co., Inc.’s Motion for Relief from Stay to Execute 

Set-Off [Case No. 17-3283, ECF No. 4053]

B. Puerto Rico Electric Power Authority’s Objection to Pan American Grain Co., 

Inc.’s Motion for Relief from Stay to Execute Setoff [Case No. 17-3283, ECF No. 

4059]

Reply, Joinder & Statement Deadlines: October 24, 2018 at 4:00 p.m. (Atlantic Standard 

Time).

Replies, Joinders & Statements: 

A. Reply to Objections to Pan American Grain Co., Inc.’s Motion for Relief from Stay

to Execute Set-Off Filed by PREPA Bond Trustee And PREPA [Case No. 17-3283, 

ECF No. 4095]

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 7 of 10
8

Related Documents: 

A. Order Scheduling Briefing of Motion of Pan American Grain Co., Inc. for Relief 

from Stay to Execute Set-Off [Case No. 17-3283, ECF No. 4005]

B. Declaration of John T. Duffey in Support of Objection of U.S. Bank National 

Association, in its Capacity as PREPA Bond Trustee, to Pan American Grain Co., 

Inc.’s Motion for Relief from Stay to Execute Set-Off [Case No. 17-3283, ECF No. 

4055]

Status: This matter is going forward.

Estimated Time Required: 30 minutes.

3. Cooperativa de Ahorro y Crédito Vegabajeña’s Motion for Relief from Stay. Motion 

for Lift of Stay Seeking the Modification of the Automatic Stay to Enforce Liens on 

Employee Withholding Funds Currently Held by the Employee Retirement System of the 

Government of the Commonwealth of Puerto Rico [Case No. 17-3283, ECF No. 4011]

Description: Cooperativa de Ahorro y Crédito Vegabajeña seeks modification of the 

automatic stay to enforce liens on employee withholding funds currently held by the 

Employee Retirement System of the Government of the Commonwealth of Puerto Rico.

Objection Deadline: October 25, 2018 at 4:00 p.m. (Atlantic Standard Time).

Responses: 

A. Objection of the Employee Retirement System of the Government of the 

Commonwealth of Puerto Rico to Motion for Lift of Stay Filed by the Cooperativa 

de Ahorro y Crédito Vegabajeña [Case No. 17-3283, ECF No. 4098]

Reply, Joinder & Statement Deadlines: November 1, 2018.

Replies, Joinders & Statements: 

A. Cooperativa de Ahorro y Crédito Vegabajeña’s Reply to Objection of the Employee 

Retirement System of the Government of the Commonwealth of Puerto Rico to

Motion for Lift of Stay [Case No. 17-3283, ECF No. 4156]

Related Documents: 

A. Order Scheduling Briefing of Motion for Relief from Automatic Stay of 

Cooperativa De Ahorro y Crédito Vegabajeña [Case No. 17-3283, ECF No. 4016]

B. Urgent Consented Motion for Extension of Deadlines [Case No. 17-3283, ECF No. 

4058]

C. Order Extending Deadlines Regarding Motion of Cooperativa De Ahorro y Crédito 

Vegabajeña’s Motion for Relief from the Automatic Stay [Case No. 17-3283, ECF

No. 4061]

Status: This matter is going forward.

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 8 of 10
9

Estimated Time Required: 30 minutes.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 9 of 10
10

Dated: November 5, 2018

San Juan, Puerto Rico

Respectfully submitted,

/s/ Martin J. Bienenstock

Martin J. Bienenstock

Paul V. Possinger

Ehud Barak

Maja Zerjal

(Admission Pro Hac Vice)

PROSKAUER ROSE LLP

Eleven Times Square

New York, NY 10036

Tel: (212) 969-3000

Fax: (212) 969-2900

Attorneys for the Financial Oversight and 

Management Board as representative for the 

Debtors

/s/ Hermann D. Bauer

Hermann D. Bauer

USDC No. 215205

O’NEILL & BORGES LLC

250 Muñoz Rivera Ave., Suite 800

San Juan, PR 00918-1813

Tel: (787) 764-8181

Fax: (787) 753-8944

Co-Attorneys for the Financial Oversight and 

Management Board as representative for the 

Debtors

Case:17-03283-LTS Doc#:4177 Filed:11/05/18 Entered:11/05/18 18:32:15 Desc: Main

Document Page 10 of 10