UNITED STATES BANKRUPTCY COURT

DISTRICT OF PUERTO RICO

In Re: ) Docket No. 3:17-BK-3283(LTS) 

 )

 ) Title III

The Financial Oversight and )

Management Board for )

Puerto Rico, ) (Jointly Administered)

 )

as representative of )

 )

The Commonwealth of )

Puerto Rico, et al., ) February 7, 2018

 )

Debtors. )

_____________________________________________________________

In Re: )

 )

The Financial Oversight and ) Docket No. 3:17-BK-4780(LTS)

Management Board for )

Puerto Rico, ) (Jointly Administered) 

 ) 

as representative of )

 )

Puerto Rico Electric )

Power Authority, )

 )

 Debtor. )

_____________________________________________________________

OMNIBUS HEARING

BEFORE THE HONORABLE U.S. DISTRICT JUDGE LAURA TAYLOR SWAIN

UNITED STATES DISTRICT COURT JUDGE

_____________________________________________________________

PRESENT IN THE OMNIBUS HEARING:

The Honorable U.S. Magistrate Judge Judith Dein

1

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 1 of 44
APPEARANCES:

For The Commonwealth 

of Puerto Rico, et al.: Mr. Martin Bienenstock, PHV

Mr. Paul V. Possinger, PHV 

For Peaje 

Investment, LLC: Ms. Dora Monserrate, Esq.

Mr. Richard Schell, Esq. 

For Official Committee

of Unsecured Creditors: Mr. Luc Despins, PHV

For Puerto Rico Fiscal 

Agency and Financial 

Advisory Authority: Mr. Kevin D. Finger, PHV

Ms. Diana M. Perez, PHV

For Abengoa 

Puerto Rico: Mr. Pedro A. Jimenez, Esq. 

Proceedings recorded by stenography. Transcript produced by 

CAT.

2

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 2 of 44
I N D E X

WITNESSES: PAGE

 None offered. 

 

 

EXHIBITS:

 None offered. 

3

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 3 of 44
San Juan, Puerto Rico

February 7, 2018

At or about 9:43 AM

* * *

THE COURT: Before I call anyone to speak, I would 

just like to make some welcoming remarks again. 

Good morning and welcome, Counsel, parties at 

interest, members of the public, the press, and those 

observing here and in New York, and the telephonic 

participants. It is truly good to be back in San Juan. 

We have the honor of being joined here today by Ruby 

Krajick, the Clerk of Court for the Southern District of New 

York, and Edward Friedland, the District Executive for the 

Southern District of New York. 

My colleagues and I have been looking forward to this 

day ever since the hurricane -- oh, apparently New York can't 

hear. 

So I hope this will be better, and we'll find out if 

it is. 

As I said, my colleagues and I have been looking 

forward to this day ever since the hurricane, and we are 

grateful for the patience and strength that our fellow 

citizens in Puerto Rico have demonstrated during these long 

months of challenges. 

There is a long road ahead to restoration and 

4

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 4 of 44
stability, and the Court remains committed to assisting all of 

the parties at interest in finding the way forward, addressing 

the current problems while moving steadily toward a stronger 

and more vibrant future for Puerto Rico. 

Today's proceedings will be short, as a number of 

matters have been adjourned. And so let us commence. 

Mr. Possinger. 

MR. POSSINGER: Good morning, Your Honor. Good 

morning everybody in New York. Paul Possinger from Proskauer 

Rose on behalf of the Oversight Board. 

As Your Honor stated, although we have a 16-page 

agenda, this morning should be a relatively short hearing. We 

have one uncontested matter and one contested matter. I 

suggest we start with the uncontested matter, which I will be 

covering. That's the motion for establishing a bar date in 

all of the debtor's Title III cases. 

Your Honor, we submitted a revised Order in black 

line on January 25th at ECF 2286. That black line reflects 

comments that we received from creditors and various creditor 

groups after we filed the motion. And we worked with all of 

the folks who submitted comments to come up with a consensual 

resolution. And as a result, we received no substantive 

objections. 

So briefly, the motion will establish three claim bar 

dates: A general claim bar date of May 29, 2018, at 4:00 PM 

5

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 5 of 44
local time; a contract and lease rejection claim bar date, 

which will be the later of May 29 or the first business day 

that's 35 days after the entry of an Order authorizing the 

rejection of this subject contract or lease; and the third is 

a bar date for claims of creditors who are affected by an 

amendment to a creditor list. And similarly, that will be the 

later of the general claim bar date, May 29, or 35 days after 

the amended creditor list is filed. 

With respect to notice, we will be mailing through 

Prime Clerk a notice of the bar date by February 26. We will 

also be publishing the publication notice on or before 

February 26 in the following publications: El Nuevo Dia, 

which is a local publication. That will be in Spanish. 

Caribbean Business, also a local publication. That will be in 

English. El Diario, which is a Spanish publication with 

primary circulation in New York. And El Nuevo Herald, a 

Spanish publication with primary circulation in Miami. And we 

will also be publishing in the Bond Buyer. 

With respect to PREPA customers, we will be issuing a 

special form of notice with the bills that will be going out 

to those customers on or before March 30. If they receive 

their bills by mail, they'll get the notice by mail. If they 

receive their bills by e-mail, they'll get that notice by 

e-mail. And for any customers who have not had their billing 

recommenced as of March 30, we will be mailing -- doing a 

6

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 6 of 44
separate mailing for those customers on or before April 6. 

THE COURT: And am I correct in understanding that 

the general rule for PREPA customer type potential claims for 

deposits and that sort of thing is that they will not be 

required to be filed; and so the fact that the notice won't go 

to them for a month after the other notices, is not intended 

to shorten any period for true action for them unless they 

have some other independent sort of claim against PREPA? 

MR. POSSINGER: Yes. That's correct. And I'll 

highlight a few of the exceptions to the requirement for 

filing proof of claim in a minute. 

With respect to publication notice, we will also be 

republishing the form of publication notice on or before April 

27 in the same publications. And then starting 14 days prior 

to the May 29 bar date, we will be running radio ads in 

Spanish, a total of 28 spots. And those ads will be running 

on WMEG FM, which is a Spanish radio station here on the 

island, which features contemporary hit radio, and WKAQ AM, 

which is Spanish talk radio. 

With respect to some of the mechanics for filing 

proofs of claim, the Order authorizes three categories of 

master proofs of claim: Bond claims may be submitted under a 

master proof of claim filed by the indenture trustee fiscal 

agent or similar agent for each bond issuance; unions are 

authorized to submit on behalf of their constituents claims 

7

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 7 of 44
arising under collective bargaining agreements; and agents 

under any credit agreements will be authorized to file master 

proofs of claim on behalf of their lenders. 

As a general matter, all claims that arise prior to 

the respective petition dates of each of the Title III debtors 

will be required to file a proof of claim. However, the Order 

sets forth 15 categories of exceptions to that requirement. 

They are laid out in the Order. They are also laid out in 

each of the notices. I won't go through each of them. I'll 

just highlight a few of the larger categories. 

Parties asserting administrative or post-petition 

claims don't have to file a proof of claim. As Your Honor 

indicated, PREPA customers asserting claims through deposits 

or billing or service disputes are exempt. Pension claims, 

claims for pension or post-retirement benefits are exempt. 

Employee claims for wages, salaries, benefits and Workers' 

Compensation claims are exempt. 

Individual union member claims for grievances arising 

out of collective bargaining agreements are generally exempt, 

with one exception to the exemption, which is that a grievance 

claim that has been reduced to a dollar amount pursuant to the 

settlement or arbitration award on or before February 28, 

2018, will have to file a proof of claim asserting that dollar 

amount. Individual bondholders under bond issuances that 

don't have an indenture trustee or a fiscal agent are exempt. 

8

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 8 of 44
And finally, intergovernmental claims, certain 

intergovernmental claims, any municipality, department or 

agency of the Commonwealth asserting a claim against the 

debtor for less than 200 million dollars, those claims are 

exempt. And any claims asserted by a debtor or a covered 

territorial instrumentality, which is under the Oversight 

Board's oversight, are exempt of having to file proofs of 

claim against any debtor.

As I indicated, we filed a revised Order on January 

25. Last night we received one additional requested change 

from AAFAF with respect to a clarification for the exemption 

of pension claims. It's one change. 

If I can approach? 

THE COURT: Yes. Thank you. 

MR. POSSINGER: And it's one change. And this is to 

paragraph 6-F of the Order, and this is just a clarification 

to indicate an exemption for pension claims will include 

claims of any former employee of a Title III debtor receiving 

early pension, financial incentive, or other benefits provided 

under Act No. 70-2010 or Act No. 211-2015 or similar laws or 

programs. 

And I previewed that change with the Retiree 

Committee, and there are no objections I'm aware of to that 

addition to the Order. I understand that the Unsecured 

Creditors' Committee would like to make a few comments 

9

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 9 of 44
regarding this matter. 

And then after that, I would ask that Your Honor -- 

I'm sorry. If Your Honor has any questions regarding the 

Order or any of the mechanics that will arise under the Order, 

I'm happy to answer those as well. 

THE COURT: I think you know me by now. So I do have 

a few questions. 

MR. POSSINGER: Sure. 

THE COURT: So am I correct in understanding that 

there is one mailing, and then all of the follow up will be by 

publications and radio?

MR. POSSINGER: That's correct. 

THE COURT: And since there have been problems with 

people being displaced, and I think Mr. Bienenstock mentioned 

that there were some Post Offices, at least as of December, 

that were far away from people's homes and people might not be 

visiting them regularly, is there a mechanism such as perhaps 

even early radio ads to alert people that something important 

will be coming for them in the mail, and that they should be 

looking for it? 

MR. POSSINGER: We had not contemplated a radio ad 

putting people on notice that this notice is coming, but we 

can certainly consider that. We can make that addition if --

THE COURT: It seems to me that given the time that 

has passed and all of the events that have occurred, it would 

10

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 10 of 44
be good to have something besides the publication notice and 

the mailing to alert people to the commencement of the claims 

period, that they'll be receiving things at wherever they used 

to be, if they're not there now. 

MR. POSSINGER: Sure. 

THE COURT: And as to the master proofs of claim, 

the -- I believe it's in the Order, or in any event, the 

submission indicates that the Bond Trustees Union and other 

parties able to file master proofs of claim are permitted but 

not required to file a master proof of claim. And then the 

individual claimants are informed by the materials that if a 

master proof of claim is filed, they don't have to file 

individual proofs of claim. 

And so my question is a practical one: Is there a 

mechanism for making information accessible to potential 

individual claimants that a master proof of claim has been 

filed? 

So, for instance, if there were a special proof of 

claim form that said master proof of claim, and Prime Clerk 

were to have a section of its website listing master proofs of 

claim that had been filed, then it would be clear to the 

potential individual claimants. And otherwise, I think 

there's a risk of having front end transaction costs and 

individual claims filed that don't really need to be filed. 

And I wonder what you think about that. 

11

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 11 of 44
MR. POSSINGER: We have a representative of Prime 

Clerk here. I will confirm with her that that is doable. I 

see no reason why that can't be done, that there can't be a 

tab for master proofs of claim set up on the website. 

I'd also point out --

THE COURT: Okay. Apparently Court Solutions is 

down, and so we have to wait to have that telephone connection 

re-established. Sorry, everybody. 

MR. POSSINGER: Sure thing. 

THE COURT: Is the Court Solutions line live now? 

That's a question for the person who's -- okay. Very good. 

I understand that there was a glitch, and the Court 

Solutions line was never open at all. So as a brief recap for 

those who are listening, I made some general remarks of 

greeting. Mr. Possinger has reviewed the summary of the bar 

date motion, which is, as I understand at this point, 

uncontested; has gone over the major features of it; and his 

summary was substantially consistent with the revised filing 

that was made under ECF -- well, actually, why don't you pick 

it up there. 

MR. POSSINGER: ECF 2286. 

THE COURT: Thank you. 

And he's mentioned that there was an additional 

provision regarding certain early retirees requested by AAFAF 

and agreed on. Would you go over that? 

12

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 12 of 44
MR. POSSINGER: Sure. The revision that AAFAF had 

requested last night to the bar date Order is in addition to 

paragraph 6-F of the Order, and this change will then ripple 

through the notices. 

And this is the exemption of pension claims from the 

requirement of having to file a proof of claim. And the added 

language is a parenthetical that occurs after the first 

appearance of Title III debtor in that paragraph. 

The parenthetical reads: Including any former 

employee of a Title III debtor receiving early pension, 

financial incentive or other benefits provided under Act No. 

70-2010 or Act No. 211-2015 or similar laws or programs. 

And all this additional language does is clarify 

that, if there was ever a doubt that those parties who took 

those early retirement benefits are also exempt from having to 

file a proof of claim to obtain -- to preserve their claim for 

those benefits. The bottom line is we don't want retirees to 

have to go through the effort of having to file a proof of 

claim, and we certainly don't want to be inundated with what 

could be over a hundred thousand proofs of claim. 

THE COURT: Thank you. 

And at my request, the debtors and Prime Clerk have 

undertaken to consider adding some sort of early notice 

mechanism, like radio ads, to alert people that the claims 

information is being mailed out, since people may be 

13

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 13 of 44
displaced. 

And also looking into whether master proofs of claim, 

once filed, can be flagged, so that people who are exempt from 

filing individual claims, if a master proof of claim has been 

filed, can ascertain conveniently whether a master proof of 

claim has been filed. 

And then I just have a few other questions. 

MR. POSSINGER: And the good news with respect to -- 

I think that -- I think the major concern on the master proofs 

of claim may be employees under union employees. And union 

employees generally for grievance claims arising under a 

collective bargaining agreement are also exempt from having to 

file proofs of claim. And that's clear, and that will be 

going out. 

THE COURT: That's very good. Except for the claims 

that will be liquidated before the date in February?

MR. POSSINGER: That's correct. That's correct. 

THE COURT: Very good. I understand that there is an 

EPOC, Electronic Proof of Claim, system. The notice that, as 

I reviewed it, seems to refer to the electronic filing through 

Prime Clerk, but then there is one place which is on ECF page 

77 of that document 2286 that seems to point to the EPOC 

filing system. 

And so my question is whether you anticipate taking 

claims in through the direct Prime Clerk electronic interface, 

14

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 14 of 44
as well as the EPOC electronic interface. And if it's going 

to be both, I note that the form, at least as it currently 

exists in EPOC, is not the PROMESA customized form. And so I 

would like to know what the plan is. 

And our Clerk's Office is concerned that they be able 

to support all of the methods of filing. And if there will be 

filing through EPOC, that they can give accurate information 

to people. 

MR. POSSINGER: One moment, Your Honor. I'm not 

familiar with the EPOC system and the distinction. 

My understanding, Your Honor, is the answer is that 

they can do either. Claimants can do either, file through the 

Prime Clerk website or through the EPOC system. 

THE COURT: And so to the extent that our people at 

the courthouses are informing the claimants of what they can 

do, they should include information about EPOC? I understand 

there's some sort of an interface that would guide a filer 

through. 

MR. POSSINGER: That's correct, Your Honor. 

THE COURT: All right. And so I'm just going to ask 

Ms. Tacoronte if we have enough of an answer on that that we 

can proceed?

COURTROOM DEPUTY: Yes. If there is no situation 

involving the differences between the PROMESA proof of claim 

form and the form generated by EPOC, we see no problem there. 

15

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 15 of 44
THE COURT: All right. So I'm told that our court 

staff will not have a problem with that as long as you have a 

mechanism for reconciling any differences between the standard 

form and the PROMESA customized form on the claims processing 

end. 

MR. POSSINGER: That won't be a problem, Your 

Honor. 

THE COURT: Thank you for clarifying that for us. 

MR. POSSINGER: Thank you. 

THE COURT: I understand that additional hand 

delivery locations on the island are still being sorted out, 

but there is a printing deadline, so are you planning to flag 

any additional locations via advertising and the Prime Clerk 

website? Because right now the notice only has the three 

courthouse locations. 

MR. POSSINGER: We -- and I discussed this with Prime 

Clerk right before the hearing. We have a representative of 

Prime Clerk here. We discussed an additional location. What 

we have right now are two locations in San Juan, one in Ponce, 

which I am told is south of here. As far as a location out 

west, we don't have one right now, so we'll be looking into 

possibly setting one up. 

THE COURT: And you'll create some mechanism for 

letting people know about the availability?

MR. POSSINGER: We will make that determination in 

16

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 16 of 44
short order. So when we revise the Order, pursuant to your 

Honor's comments, if we conclude the setup, the fifth site, 

the fourth site on the island, we will include that in the 

notice. 

THE COURT: Thank you. And is there a particular 

protocol for notices returned as undeliverable? 

MR. POSSINGER: Yes, Your Honor. They do address 

research and attempt to remail. 

THE COURT: Thank you. 

And then finally, can you share with us any of your 

thinking about what the claims objection procedures protocol 

and timing may look like once we get the claims filing process 

underway? 

MR. POSSINGER: I don't know that we've had any 

discussions as to how that would proceed. I think we need to 

see what the volume of claims look like, how categorizable 

they are. I would anticipate that we will, to the extent 

possible, attempt to do an omnibus objection process, but do 

it in a manner that -- make sure that everybody has adequate 

notice and due process and can defend their claim. 

So I don't foresee massive omnibus claim objections 

in this case. I think we need to tailor them to make sure 

that people can identify themselves if their claim is subject 

to the objection. 

THE COURT: Thank you. So we'll hear more about that 

17

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 17 of 44
as your thinking develops, and at an appropriate point, you'll 

initiate motion practice. 

MR. POSSINGER: To include established claim 

objection protocol. That's not the procedure that's being 

presented in this motion.

THE COURT: I understood. I just thought I'd ask for 

a little preview, so thank you for that. And that concludes 

my questions for you. 

MR. POSSINGER: I think that the committee also has a 

few comments for some additional notice and informational 

procedures for folks on the matter. 

THE COURT: Yes. Thank you. 

Mr. Despins. 

MR. DESPINS: Good morning, Your Honor. 

THE COURT: Good morning. 

MR. DESPINS: Luc Despins with Paul Hastings on 

behalf of the official committee. This will take less than 

two minutes. 

First, we want to thank, commend the Oversight Board 

for having accepted a number of our comments, including the 

radio announcements, and also the locations on the island 

which are so important, the physical locations, so that people 

across the island can deliver their proofs of claim. 

But what I wanted to mention to the Court, which is 

in our statement, is the committee's going to try to set up 

18

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 18 of 44
what we call tutorial sessions or guidance sessions, with the 

help of the local bar and the local law schools. And the idea 

would be to have broad dissemination of these meetings, which 

will be held in three or four, probably four cities in Puerto 

Rico, to help people understand basic rules of the claims 

process. Not to give them legal advice, because we represent 

the committee, not individual creditors, but really to render 

the process as easy as possible for them. 

And, you know, this is -- we're just starting the 

process, but the idea would be to -- with local lawyers, the 

local bar, the law schools on the island, to try to facilitate 

that process in a way that's really going to keep costs down. 

Because the idea is not to send me to these sessions, but more 

junior people, and also to leverage off of the people who are 

willing to do pro bono work on the island. So that's another 

thing I wanted to mention. 

The last thing I want to mention is you raised the 

issue of objection, the claims objection process. We have -- 

anyway, this is not for today, but the committee fully 

believes that there should be an ADR, alternative dispute 

resolution process, to handle these claims. 

Why? Because in the past on the island, there have 

been people who have been owed money for ten years, 15 years, 

and never been able to get through all the procedural morass. 

And the concern is that there has to be a simplified, 

19

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 19 of 44
expedited process. 

Again, that is not before Your Honor. We've 

suggested that to the debtor. That discussion is ongoing, but 

I wanted to mention that to Your Honor, because you raised the 

claims objection process. 

THE COURT: I'm very glad to hear both of these 

things; and that the latter is in discussion, and that the 

former is in development. And I was pleased to see that in 

your filing. 

Are you thinking at all about doing sessions on the 

mainland in cities to which substantial numbers of people have 

gone who have left the island? It's just a question. 

MR. DESPINS: No. I -- the answer is we have not 

thought of that. 

THE COURT: There are some robust bar associations in 

New York, Florida. 

MR. DESPINS: New York, Miami, Florida, Texas. Fair 

point. We will consider that, absolutely. 

THE COURT: Thank you for considering that. 

MR. DESPINS: Thank you, Your Honor. 

THE COURT: And I will also say that I was pleased to 

see that all of the materials are set up so that claims can be 

filed in Spanish as well as in English. And that 

accessibility is very important, so thank you for that. 

MR. POSSINGER: Sure thing, Your Honor. 

20

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 20 of 44
With respect then to the comments, I believe the 

intent here is to do a radio ad within the next few weeks 

alerting -- on those two radio stations, alerting people here 

that the notice is coming. 

And in discussion with Mr. Despins, I think it might 

be a good idea to do that a few days after the mailing goes. 

So if they hear a radio ad and they don't have anything in 

their mail, because it's February 24, we don't want to cause 

any concern. 

THE COURT: Good point. 

MR. POSSINGER: It was Mr. Despins' point. And then 

we will I think add in the Order that the website -- that the 

master proofs of claim will be set forth on a separate tab on 

the Prime Clerk website. 

THE COURT: Thank you. 

MR. POSSINGER: Thank you, Your Honor. 

And so we will submit that, those revisions with an 

Order and presentment. 

THE COURT: Very good. And you'll also include the 

revision that you had flagged for the early retirees? 

MR. POSSINGER: That's correct. 

THE COURT: Thank you. 

Did anyone else wish to be heard? I understood there 

were some people in New York that might have wanted to be 

heard, but I don't see anyone at the podium. 

21

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 21 of 44
So it sounds as though I've heard from everyone I 

need to hear from. And having reviewed carefully the 

submissions and listened carefully to the additional 

presentations and proffers today, the motion for approval of 

the bar date procedures and communications is granted subject 

to the additional changes we addressed here today. 

And the debtors are directed to file upon -- I guess 

file a revised Proposed Order consistent with our discussions 

today. You have a quick timetable, so we don't have time for 

the presentment procedure; is that correct?

MR. POSSINGER: The presentment procedures 

contemplate seven days. So I think we'll preview it, the 

changes, with the committees, and then send a clean black line 

to Your Honor's chambers. And then we'll have the comments. 

And I think if Your Honor's satisfied, that the Order can be 

entered. 

THE COURT: Thank you. And I think the revisions 

that have been circulated so far and the discussions that 

you've had and the relative simplicity of what we've discussed 

today won't put anyone at a disadvantage if we use that 

expedited procedure. 

MR. POSSINGER: I hope not. Thank you. 

THE COURT: And next we have the contested matter, 

the Abengoa motion to lift the automatic stay. And before I 

hear from the movant, I wonder, Mr. Jimenez, if you would 

22

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 22 of 44
indulge me in an opportunity to ask PREPA's counsel a couple 

of questions that may or may not be able to shortcut this 

event? 

MR. JIMENEZ: Sure. 

MR. FINGER: Good morning, Your Honor. Kevin Finger 

of Greenberg Traurig on behalf of AAFAF as fiscal agent for 

the debtor. 

THE COURT: Good morning, Mr. Finger. 

And so I see in both the opening papers and in your 

response that PREPA had suggested revisiting the question of 

timing in March, which is not so far from February now. And 

so do you have any more concrete idea of when PREPA would be 

able to proceed with the liability phase of the trial? 

Because it does seem to me if we have three weeks invested 

with a special master, that it will make sense to have the 

liability phase completed with the special master. 

And there had been a proposed June date, which I 

gather you don't see as practical, but is there a time frame 

between now and the end of the year that PREPA can see gearing 

up for and being able to conduct the liability phase? 

MR. FINGER: Your Honor, the Court is aware of the 

pending financing motion that will be heard next week. 

THE COURT: Yes. 

MR. FINGER: That is an open question right now as to 

what the cash position of the debtor is going to be going 

23

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 23 of 44
forward. And while the amounts to be spent on continuing the 

underlying litigation will not be material to its cash 

position, at this point it doesn't want to commit to spending 

any unnecessary -- spend money for any unnecessary 

expenditures it doesn't have to. 

With that said, what I was going to propose to short 

circuit the argument was that we either dismiss the motion 

without prejudice or set it over for approximately 90 days in 

order to give the parties an opportunity to plan a little bit 

for when that date will be. 

As of today, in all candor, Your Honor, the debtor 

does not have a -- does not believe that June is practical. 

And there are -- we would want to explore when the next set of 

dates that the special master could commit to this, and when 

PREPA could reasonably be ready to participate in completing 

the liability portion of the trial. And at this point in 

time, we just don't have that information, Your Honor. 

THE COURT: And so it sounds like you would be 

amenable to putting this over to the April omni, which is the 

third week of April, or the, I guess, early June omni with the 

good faith intention of negotiating a concrete schedule for 

resumption of the liability phase ideally within the year if 

cash flow works? 

MR. FINGER: To directly answer the question, Your 

Honor, we think the June Omnibus hearing would be the 

24

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 24 of 44
appropriate time for that. But yes, in the interim, to 

undertake good faith efforts both internally and in conference 

with counsel to determine what might be workable going 

forward. 

THE COURT: Thank you. I'll hear now from 

Mr. Jimenez. 

MR. FINGER: You're welcome. 

THE COURT: Thank you. 

MR. JIMENEZ: May it please the Court. Pedro Jimenez 

of Adsuar Muniz, a San Juan firm, on behalf of Abengoa SA and 

Abengoa Puerto Rico. 

Your Honor, to again short circuit all of these 

issues and go straight to the main point, we have a special 

master who retired from the bench 18 years ago. Most of the 

witnesses that are going to be testifying at the last part of 

trial have retired I think 18, 17, or 16 years ago. 

Many of these are senior witnesses. Their memories 

may well be affected. Some of them were supposed to be 

testifying in the last session of trial, and now are no longer 

able to testify for health reasons. 

This is a bid that took place in 1994, and the 

contract commenced work in 1996, and senior personnel that 

were assigned both by PREPA and by my client at the time to 

this major project so -- most of these senior personnel 

nowadays are long retired. Some of them have health problems. 

25

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 25 of 44
We've already had two expert witnesses deceased. 

So in the regular course of business, I would say 

that we're amenable and happy to negotiate with PREPA and with 

AAFAF, depending on the availability of the post-petition 

funding. But I think that this Court can anticipate that some 

sort of post-petition funding will be granted regardless of 

whether it's with super priority or otherwise. 

And typically lawyers start working, and in this case 

in the stipulation process, that's time intensive, but not 

very expensive. And we'd like to minimize the possibility 

that come April, come the April omni or the June omni, we 

realize that we lost the special master, or that some 

witnesses can no longer remember their testimony, or that we 

have to have a significant investment of time and resources in 

reviewing voluminous files that have been dealing -- that 

we've been dealing with for the last two years of trial. 

This is a major trial and a very complicated matter. 

And the more time that elapses, the likelihood is going to be 

that some of the witnesses are not going to be available. 

So our good faith suggestion, as an alternative to 

revisiting the issue at the April omni hearing, would be to 

lift the stay only for purposes of negotiating the outstanding 

stipulations. And that's basically counsel exchanging 

stipulations and documents in a manner that's supervised by 

the special master, that by the way, costs PREPA 66 dollars an 

26

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 26 of 44
hour. And then revising the actual commencement of the 

resumption of trial, maybe depending on whether PREPA has been 

able to get the post-petition financing by the April hearing. 

We are concerned, however, that if this thing is left 

suspended sine die, that things like what have transpired thus 

far, such as losing two expert witnesses, losing three fact 

witnesses who now can no longer testify for either health or 

age reasons, or one of them actually is deceased, will 

continue happening. 

And the worst case of all is if the senior master, 

who is a senior appellate judge who retired 18 years ago, is 

no longer available. That would be a major blow to the 

interests of both parties. And that would cost both my client 

and PREPA a significant amount of additional funds to have the 

case retried by another judge. 

So our counter proposal would rather be to lift the 

stay for purposes of finalizing the stipulation process, and 

then to revisit the issue at the next omni for purposes of 

actual trial resumption date. 

We can advance and maybe even eliminate the need for 

a lot of testimony if the parties are willing to stipulate. 

And the stipulation process, because the case has been 

classified under the complex litigation rules in Puerto Rico, 

stipulation process is basically an exchange of stipulation 

proposals in chronological order, counter referenced to 

27

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 27 of 44
specific relevant portions of documents. And whenever the 

parties cannot agree, we have working sessions with the 

special master. The special master makes decisions. 

So that's a very cheap way of advancing the process 

without actually having to bring witnesses from Europe and 

from other venues and incurring in the more substantial costs 

of actually resuming trial. 

THE COURT: Thank you. 

I'll hear the response from Mr. Finger, unless you'd 

like to take a minute to talk directly to each other off line 

before responding?

MR. FINGER: That might make sense, Your Honor, if we 

could do that. 

THE COURT: Okay. So let's take a --

MR. FINGER: Five --

THE COURT: -- five-minute break. Very well. 

(At 10:25 AM, recess taken.)

(At 10:33 AM, proceedings reconvened.)

MR. FINGER: Good morning again, Your Honor. Kevin 

Finger of Greenberg Traurig for AAFAF as fiscal agent for 

debtor. 

Counsel and I have used the five-minute recess to our 

advantage, and have come to an agreement of the limited 

modification of the automatic stay to include the completion 

and execution of stipulations of fact, which may involve 

28

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 28 of 44
limited participation of the special master; and also to 

commit the parties to engage in settlement negotiations to the 

extent that they would be precluded by the automatic stay. 

And then we would set the motion over until the April 

Omnibus to inform the Court of any progress or status of the 

matter. 

THE COURT: I am glad to hear this. And so will you 

send me a Stipulated Order reflecting this limited 

modification?

MR. FINGER: Yes, Your Honor, we will. 

THE COURT: Thank you both very much. 

MR. JIMENEZ: Thank you, Your Honor. 

THE COURT: Mr. Finger. 

MR. FINGER: We have one other item, Your Honor, that 

is not on the agenda that we'd like to raise -- 

THE COURT: Yes. 

MR. FINGER: -- with respect to the financing motion 

that is set for hearing next week. 

The movants and the objectors have engaged in 

substantial communications, including several conferences 

regarding discovery related to that hearing. And on the 

conference yesterday, the parties observed that it would be -- 

the Omnibus hearing would be an opportune time to inquire of 

the Court whether it was intending to issue an Order similar 

to the Order in the Peaje hearing that set forth the format 

29

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 29 of 44
for the hearing next week. So I am the emissary for that 

request. 

THE COURT: Well, it is my intention to issue an 

Order regarding next week, as well as to issue an Order 

resolving the intervention motions that are pending. 

As to logistics of next week, it would be a one day 

hearing. So we'd be looking at six and a half hours of court 

time. We should be using declarations as the direct 

testimony. And my intention was to issue an Order later this 

week, after I've issued an Order on the intervention 

applications, directing the parties to consult and determine 

the witness lineup and time allocations, and file a joint 

agenda essentially by sometime Tuesday. 

Is that answer enough for now? 

MR. FINGER: It is, Your Honor. Thank you. 

THE COURT: And I don't see anyone as having jumped 

to the podium in New York. Is there anyone else who wants to 

be heard on this purely logistical question? 

It looks like no. So thank you all. And I think 

that -- does that bring us to the end of our agenda for today?

MR. POSSINGER: It does, Your Honor. 

THE COURT: Well, again, I thank you all. This 

concludes today's agenda. And the next scheduled hearing is 

next Thursday, the 15th of February, in New York. 

And as I've just said, I will be issuing that 

30

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 30 of 44
logistics Order and the usual informative motion, register 

yourselves Order. Unfortunately, it is just not possible 

given the statutory constraints to do a final hearing today, 

even if everything else were lined up to do it. And so that's 

why we're doing it in New York next week. 

So keep well. Safe travels. And I will see many of 

you next week. 

MR. POSSINGER: You, too, Your Honor. Thank you. 

(At 10:37 AM, proceedings concluded.)

* * *

31

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 31 of 44
U.S. DISTRICT COURT )

DISTRICT OF PUERTO RICO)

I certify that this transcript consisting of 32 pages is 

a true and accurate transcription to the best of my ability of 

the proceedings in this case before the Honorable United 

States District Court Judge Laura Taylor Swain on February 7, 

2018. 

S/ Amy Walker

Amy Walker, CSR 3799

Official Court Reporter

32

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 32 of 44
< Dates >

April 27 7:13

April 6 7:1

February 24 21:8

February 26 6:10, 

6:12

February 28, 2018 

8:22

February 7, 2018 

1:16, 4:2, 32:7

January 25 9:9

January 25th 5:18

March 30 6:21, 6:25

May 29 6:2, 6:7, 

7:15

May 29, 2018 5:25

< 1 >

10:25 28:17

10:33 28:18

10:37 31:9

14 7:14

15 8:7, 19:23

15th 30:24

16 25:16

16-page 5:11

17 25:16

17-BK-3283(LTS 1:6

17-BK-4780(LTS 1:24

18 25:14, 25:16, 

27:11

1994 25:21

1996 25:22

< 2 >

200 9:4

211-2015 9:20, 13:12

2286 12:21, 14:22

2286. 5:18

28 7:16

< 3 >

32 32:4

35 6:3, 6:7

3799 32:14

3: 1:6, 1:24

< 4 >

4:00 5:25

< 6 >

6-F 9:16, 13:3

66 26:25

< 7 >

70-2010 9:20, 13:12

77 14:22

< 9 >

90 24:8

9:43 4:3

< A >

A. 2:22

AAFAF 9:11, 12:24, 

13:1, 23:6, 26:4, 

28:20

Abengoa 2:21, 22:24, 

25:10, 25:11

ability 32:5

able 11:9, 15:5, 

19:24, 23:2, 

23:13, 23:20, 

25:20, 27:3

absolutely 20:18

accepted 18:20

accessibility 20:24

accessible 11:15

accurate 15:7, 32:5

across 18:23

Act 9:20, 13:11, 

13:12

action 7:7

actual 27:1, 27:19

actually 12:19, 

27:8, 28:5, 28:7

ad 10:21, 21:2, 21:7

add 21:12

added 13:6

adding 13:23

addition 9:24, 

10:23, 13:2

additional 9:10, 

12:23, 13:13, 

16:10, 16:13, 

16:18, 18:10, 

22:3, 22:6, 27:14

address 17:7

addressed 22:6

addressing 5:2

adequate 17:19

adjourned 5:6

Administered 1:11, 

1:26

administrative 8:11

ADR 19:20

ads 7:15, 7:16, 

10:18, 13:24

Adsuar 25:10

advance 27:20

advancing 28:4

advantage 28:23

advertising 16:13

advice 19:6

Advisory 2:18

affected 6:5, 25:18

age 27:8

Agency 2:17, 9:3

agenda 5:12, 29:15, 

30:13, 30:20, 

30:23

agent 7:24, 8:25, 

23:6, 28:20

agents 8:1

ago 25:14, 25:16, 

27:11

agree 28:2

agreed 12:25

agreement 14:12, 

28:23

agreements 8:1, 8:2, 

8:19

ahead 4:25

al 1:16, 2:6

alert 10:18, 11:2, 

13:24

alerting 21:3

allocations 30:12

already 26:1

alternative 19:20, 

26:20

although 5:11

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 33 of 44
amenable 24:19, 26:3

amended 6:8

amendment 6:6

amount 8:21, 8:24, 

27:14

amounts 24:1

Amy 32:13, 32:14

announcements 18:21

answer 10:5, 15:11, 

15:21, 20:13, 

24:24, 30:14

anticipate 14:24, 

17:17, 26:5

anyway 19:19

Apparently 4:16, 

12:6

appearance 13:8

APPEARANCES 2:2

appellate 27:11

applications 30:11

approach 9:13

appropriate 18:1, 

25:1

approval 22:4

approximately 24:8

April 24:19, 24:20, 

26:11, 26:21, 

27:3, 29:4

arbitration 8:22

argument 24:7

arise 8:4, 10:4

arising 8:1, 8:18, 

14:11

ascertain 14:5

asserted 9:5

asserting 8:11, 

8:13, 8:23, 9:3

assigned 25:23

assisting 5:1

associations 20:15

attempt 17:8, 17:18

Authority 1:31, 2:18

authorized 7:25, 8:2

authorizes 7:21

authorizing 6:3

automatic 22:24, 

28:24, 29:3

availability 16:24, 

26:4

available 26:19, 

27:12

award 8:22

aware 9:23, 23:21

away 10:16

< B >

back 4:10

BANKRUPTCY 1:1

bar 5:15, 5:24, 

5:25, 6:1, 6:5, 

6:7, 6:10, 7:15, 

12:15, 13:2, 19:2, 

19:11, 20:15, 22:5

bargaining 8:1, 

8:19, 14:12

basic 19:5

basically 26:23, 

27:24

behalf 5:10, 7:25, 

8:3, 18:17, 23:6, 

25:10

believe 11:7, 21:1, 

24:12

believes 19:20

bench 25:14

benefits 8:15, 8:16, 

9:19, 13:11, 

13:15, 13:17

besides 11:1

best 32:5

better 4:18

bid 25:21

Bienenstock 2:6, 

10:14

billing 6:24, 8:14

bills 6:20, 6:22, 

6:23

bit 24:9

black 5:17, 5:18, 

22:13

blow 27:12

Board 1:10, 1:25, 

5:10, 9:7, 18:19

Bond 6:18, 7:22, 

7:24, 8:24, 11:8

bondholders 8:24

bono 19:15

bottom 13:17

break 28:16

brief 12:13

briefly 5:24

bring 28:5, 30:20

broad 19:3

Business 6:2, 6:14, 

26:2

Buyer 6:18

< C >

call 4:5, 19:1

candor 24:11

carefully 22:2, 22:3

Caribbean 6:14

case 17:22, 26:8, 

27:10, 27:15, 

27:22, 32:6

cases 5:16

cash 23:25, 24:2, 

24:23

CAT 2:48

categories 7:21, 

8:7, 8:10

categorizable 17:16

cause 21:8

certain 9:1, 12:24

certainly 10:23, 

13:19

certify 32:4

challenges 4:24

chambers 22:14

change 9:10, 9:12, 

9:15, 9:22, 13:3

changes 22:6, 22:13

cheap 28:4

chronological 27:25

circuit 24:7, 25:12

circulated 22:18

circulation 6:16, 

6:17

cities 19:4, 20:11

citizens 4:23

Claimants 11:11, 

11:16, 11:22, 

15:12, 15:15

clarification 9:11, 

9:16

clarify 13:13

clarifying 16:8

classified 27:23

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 34 of 44
clean 22:13

clear 11:21, 14:13

Clerk 4:12, 6:10, 

11:19, 12:2, 

13:22, 14:21, 

14:25, 15:5, 

15:13, 16:13, 

16:17, 16:18, 

21:14

client 25:23, 27:13

colleagues 4:15, 

4:20

collective 8:1, 

8:19, 14:12

coming 10:19, 10:22, 

21:4

commence 5:6

commenced 25:22

commencement 11:2, 

27:1

commend 18:19

comments 5:19, 5:21, 

9:25, 17:2, 18:10, 

18:20, 21:1, 22:14

commit 24:3, 24:14, 

29:2

committed 5:1

Committee 2:13, 

9:23, 9:25, 18:9, 

18:17, 18:25, 

19:7, 19:19

committees 22:13

Commonwealth 1:15, 

2:5, 9:3

communications 22:5, 

29:20

Compensation 8:17

completed 23:16

completing 24:15

completion 28:24

complex 27:23

complicated 26:17

concern 14:9, 19:25, 

21:9

concerned 15:5, 27:4

conclude 17:2

concluded. 31:9

concludes 18:7, 

30:23

concrete 23:12, 

24:21

conduct 23:20

conference 25:2, 

29:22

conferences 29:20

confirm 12:2

connection 12:7

consensual 5:21

consider 10:23, 

13:23, 20:18

considering 20:19

consistent 12:18, 

22:8

consisting 32:4

constituents 7:25

constraints 31:3

consult 30:11

contemplate 22:12

contemplated 10:21

contemporary 7:18

contested 5:13, 

22:23

continue 27:9

continuing 24:1

contract 6:1, 6:4, 

25:22

conveniently 14:5

correct 7:2, 7:9, 

10:9, 10:12, 

14:17, 15:19, 

21:21, 22:10

cost 27:13

costs 11:23, 19:12, 

26:25, 28:6

Counsel 4:7, 23:1, 

25:3, 26:23, 28:22

counter 27:16, 27:25

couple 23:1

course 26:2

courthouse 16:15

courthouses 15:15

COURTROOM 15:23

covered 9:5

covering 5:15

create 16:23

credit 8:2

creditor 5:19, 6:6, 

6:8

Creditors 2:14, 

5:19, 6:5, 9:25, 

19:7

CSR 32:14

current 5:3

currently 15:2

customer 7:3

customers 6:19, 

6:21, 6:24, 7:1, 

8:13

customized 15:3, 

16:4

< D >

D. 2:18

date 5:15, 5:25, 

6:1, 6:5, 6:7, 

6:10, 7:15, 12:16, 

13:2, 14:16, 22:5, 

23:17, 24:10, 

27:19

dates 5:25, 8:5, 

24:14

day 4:16, 4:21, 6:2, 

30:7

days 6:3, 6:7, 7:14, 

21:6, 22:12, 24:8

deadline 16:12

dealing 26:15, 26:16

Debtor 1:33, 5:16, 

9:4, 9:5, 9:8, 

9:18, 13:8, 13:10, 

20:3, 23:7, 23:25, 

24:11, 28:21

Debtors 1:18, 8:5, 

13:22, 22:7

deceased 26:1, 27:8

December 10:15

decisions 28:3

declarations 30:8

defend 17:20

Dein 1:43

deliver 18:23

delivery 16:11

demonstrated 4:23

department 9:2

depending 26:4, 27:2

deposits 7:4, 8:13

DEPUTY 15:23

Despins 2:14, 18:13, 

18:14, 18:16, 

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 35 of 44
20:13, 20:17, 

20:20, 21:5, 21:11

determination 16:25

determine 25:3, 

30:11

development 20:8

develops 18:1

Dia 6:12

Diana 2:19

Diario 6:15

die 27:5

differences 15:24, 

16:3

direct 14:25, 30:8

directed 22:7

directing 30:11

directly 24:24, 

28:10

disadvantage 22:20

discovery 29:21

discussed 16:16, 

16:18, 22:19

discussion 20:3, 

20:7, 21:5

discussions 17:15, 

22:8, 22:18

dismiss 24:7

displaced 10:14, 

14:1

dispute 19:20

disputes 8:14

dissemination 19:3

distinction 15:10

District 1:3, 1:38, 

1:39, 4:12, 4:13, 

4:14, 32:1, 32:2, 

32:7

doable 12:2

Docket 1:6, 1:24

document 14:22

documents 26:24, 

28:1

doing 6:25, 20:10, 

31:5

dollar 8:21, 8:23

dollars 9:4, 26:25

done 12:3

Dora 2:10

doubt 13:14

down 12:7, 19:12

due 17:20

during 4:23

< E >

e-mail 6:23, 6:24

early 9:19, 10:18, 

12:24, 13:10, 

13:15, 13:23, 

21:20, 24:20

easy 19:8

ECF 5:18, 12:19, 

12:21, 14:21

Edward 4:13

effort 13:18

efforts 25:2

either 15:12, 24:7, 

27:7

El 6:12, 6:15, 6:16

elapses 26:18

Electric 1:30

Electronic 14:19, 

14:20, 14:25, 15:1

eliminate 27:20

emissary 30:1

Employee 8:16, 9:18, 

13:10

employees 14:10, 

14:11

end 11:23, 16:5, 

23:19, 30:20

engage 29:2

engaged 29:19

English 6:15, 20:23

enough 15:21, 30:14

entered 22:16

entry 6:3

EPOC 14:19, 14:22, 

15:1, 15:3, 15:7, 

15:10, 15:13, 

15:16, 15:25

Esq 2:10, 2:11, 2:22

essentially 30:13

establish 5:24

established 18:3

establishing 5:15

et 1:16, 2:6

Europe 28:5

event 11:7, 23:3

events 10:25

everybody 5:9, 12:8, 

17:19

everyone 22:1

everything 31:4

Except 14:15

exception 8:20

exceptions 7:10, 8:7

exchange 27:24

exchanging 26:23

execution 28:25

Executive 4:13

exempt 8:14, 8:15, 

8:17, 8:19, 8:25, 

9:5, 9:7, 13:15, 

14:3, 14:12

exemption 8:20, 

9:11, 9:17, 13:5

EXHIBITS 3:9

exists 15:3

expedited 20:1, 

22:21

expenditures 24:5

expensive 26:10

expert 26:1, 27:6

explore 24:13

extent 15:14, 17:17, 

29:3

< F >

facilitate 19:11

fact 7:5, 27:6, 

28:25

Fair 20:17

faith 24:21, 25:2, 

26:20

familiar 15:10

far 10:16, 16:20, 

22:18, 23:11, 27:6

features 7:18, 12:17

February 14:16, 

23:11, 30:24

fellow 4:22

few 7:10, 8:10, 

9:25, 10:7, 14:7, 

18:10, 21:2, 21:6

fifth 17:2

file 8:2, 8:6, 8:12, 

8:23, 9:7, 11:9, 

11:10, 11:12, 

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 36 of 44
13:6, 13:16, 

13:18, 14:13, 

15:12, 22:7, 22:8, 

30:12

filed 5:20, 6:8, 

7:5, 7:23, 9:9, 

11:12, 11:17, 

11:21, 11:24, 

14:3, 14:5, 14:6, 

20:23

filer 15:17

files 26:15

filing 7:11, 7:20, 

12:18, 14:4, 

14:20, 14:23, 

15:6, 15:7, 17:12, 

20:9

final 31:3

finalizing 27:17

finally 9:1, 17:10

Financial 1:9, 1:24, 

2:17, 9:19, 13:11

financing 23:22, 

27:3, 29:17

find 4:18

finding 5:2

FINGER 2:18, 23:5, 

23:8, 23:21, 

23:24, 24:24, 

25:7, 28:9, 28:12, 

28:15, 28:19, 

28:20, 29:10, 

29:13, 29:14, 

29:17, 30:15

firm 25:10

First 6:2, 13:7, 

18:19

Fiscal 2:16, 7:23, 

8:25, 23:6, 28:20

Five 28:15

five-minute 28:16, 

28:22

flag 16:12

flagged 14:3, 21:20

Florida 20:16, 20:17

flow 24:23

FM 7:17

folks 5:21, 18:11

follow 10:10

following 6:12

foresee 17:21

form 6:20, 7:13, 

11:19, 15:2, 15:3, 

15:25, 16:4

format 29:25

former 9:18, 13:9, 

20:8

forth 8:7, 21:13, 

29:25

forward 4:15, 4:21, 

5:2, 24:1, 25:4

four 19:4

fourth 17:3

frame 23:18

Friedland 4:13

front 11:23

fully 19:19

funding 26:5, 26:6

funds 27:14

future 5:4

< G >

gather 23:18

gearing 23:19

general 5:25, 6:7, 

7:3, 8:4, 12:14

generally 8:19, 

14:11

generated 15:25

give 15:7, 19:6, 

24:9

given 10:24, 31:3

glad 20:6, 29:7

glitch 12:12

granted 22:5, 26:6

grateful 4:22

Greenberg 23:6, 

28:20

greeting 12:15

grievance 8:20, 

14:11

grievances 8:18

groups 5:20

guess 22:7, 24:20

guidance 19:1

guide 15:17

< H >

half 30:7

hand 16:10

handle 19:21

happening 27:9

happy 10:5, 26:3

Hastings 18:16

health 25:20, 25:25, 

27:7

hear 4:17, 17:25, 

20:6, 21:7, 22:2, 

22:25, 25:5, 28:9, 

29:7

heard 21:23, 21:25, 

22:1, 23:22, 30:18

HEARING 1:37, 1:42, 

5:12, 16:17, 

24:25, 26:21, 

27:3, 29:18, 

29:21, 29:23, 

29:25, 30:1, 30:7, 

30:23, 31:3

held 19:4

help 19:2, 19:5

Herald 6:16

highlight 7:10, 8:10

hit 7:18

homes 10:16

Honorable 1:38, 

1:43, 32:6

hope 4:18, 22:22

hour 27:1

hours 30:7

hundred 13:20

hurricane 4:16, 4:21

< I >

idea 19:2, 19:10, 

19:13, 21:6, 23:12

ideally 24:22

identify 17:23

III 1:8, 5:16, 8:5, 

9:18, 13:8, 13:10

important 10:18, 

18:22, 20:24

incentive 9:19, 

13:11

include 9:17, 15:16, 

17:3, 18:3, 21:19, 

28:24

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 37 of 44
Including 13:9, 

18:20, 29:20

incurring 28:6

indenture 7:23, 8:25

independent 7:8

indicate 9:17

indicated 8:13, 9:9

indicates 11:8

Individual 8:18, 

8:24, 11:11, 

11:13, 11:16, 

11:22, 11:24, 

14:4, 19:7

indulge 23:1

inform 29:5

information 11:15, 

13:25, 15:7, 

15:16, 24:17

informational 18:10

informative 31:1

informed 11:11

informing 15:15

initiate 18:2

inquire 29:23

instance 11:18

instrumentality 9:6

intended 7:6

intending 29:24

intensive 26:9

intent 21:2

intention 24:21, 

30:3, 30:9

interest 4:8, 5:2

interests 27:13

interface 14:25, 

15:1, 15:17

intergovernmental 

9:1, 9:2

interim 25:1

internally 25:2

intervention 30:5, 

30:10

inundated 13:19

invested 23:14

Investment 2:10, 

26:14

involve 28:25

involving 15:24

island 7:18, 16:11, 

17:3, 18:21, 

18:23, 19:11, 

19:15, 19:22, 

20:12

issuance 7:24

issuances 8:24

issue 19:18, 26:21, 

27:18, 29:24, 

30:3, 30:4, 30:9

issued 30:10

issues 25:13

issuing 6:19, 30:25

item 29:14

< J >

JIMENEZ 2:22, 22:25, 

23:4, 25:6, 25:9, 

29:12

joined 4:11

joint 30:12

Jointly 1:11, 1:26

Juan 4:1, 4:10, 

16:19, 25:10

Judge 1:38, 1:39, 

1:43, 27:11, 

27:15, 32:7

Judith 1:43

jumped 30:16

June 23:17, 24:12, 

24:20, 24:25, 

26:11

junior 19:14

< K >

keep 19:12, 31:6

Kevin 2:18, 23:5, 

28:19

Krajick 4:12

< L >

laid 8:8

language 13:7, 13:13

larger 8:10

Last 9:10, 13:2, 

19:17, 25:15, 

25:19, 26:16

later 6:2, 6:7, 30:9

latter 20:7

Laura 1:38, 32:7

law 19:2, 19:11

laws 9:20, 13:12

lawyers 19:10, 26:8

lease 6:1, 6:4

least 10:15, 15:2

left 20:12, 27:4

legal 19:6

lenders 8:3

less 9:4, 18:17

letting 16:24

leverage 19:14

liability 23:13, 

23:16, 23:20, 

24:16, 24:22

lift 26:22, 27:16

likelihood 26:18

limited 28:23, 29:1, 

29:8

line 5:18, 12:10, 

12:13, 13:17, 

22:13, 28:10

lined 31:4

lineup 30:12

liquidated 14:16

list 6:6, 6:8

listened 22:3

listening 12:14

listing 11:20

litigation 24:2, 

27:23

little 18:7, 24:9

live 12:10

LLC 2:10

local 6:1, 6:13, 

6:14, 19:2, 19:10, 

19:11

location 16:18, 

16:20

locations 16:11, 

16:13, 16:15, 

16:19, 18:21, 

18:22

logistical 30:18

logistics 30:6, 31:1

long 4:23, 4:25, 

16:2, 25:25

longer 25:19, 26:13, 

27:7, 27:12

look 17:12, 17:16

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 38 of 44
looking 4:15, 4:20, 

10:20, 14:2, 

16:21, 30:7

looks 30:19

losing 27:6

lost 26:12

lot 27:21

Luc 2:14, 18:16

< M >

M. 2:19

Magistrate 1:43

mail 6:22, 10:19, 

21:8

mailed 13:25

mailing 6:9, 6:25, 

7:1, 10:10, 11:2, 

21:6

main 25:13

mainland 20:11

major 12:17, 14:9, 

25:24, 26:17, 

27:12

Management 1:10, 

1:25

manner 17:19, 26:24

March 23:11

Martin 2:6

massive 17:21

master 7:22, 7:23, 

8:2, 11:6, 11:9, 

11:10, 11:12, 

11:16, 11:19, 

11:20, 12:4, 14:2, 

14:4, 14:5, 14:9, 

21:13, 23:15, 

23:16, 24:14, 

25:14, 26:12, 

26:25, 27:10, 

28:3, 29:1

material 24:2

materials 11:11, 

20:22

matter 5:13, 5:14, 

8:4, 10:1, 18:11, 

22:23, 26:17, 29:6

matters 5:6

mechanics 7:20, 10:4

mechanism 10:17, 

11:15, 13:24, 

16:3, 16:23

meetings 19:3

member 8:18

members 4:8

memories 25:17

mention 18:24, 

19:16, 19:17, 20:4

mentioned 10:14, 

12:23

methods 15:6

Miami 6:17, 20:17

million 9:4

minimize 26:10

minute 7:11, 28:10

minutes 18:18

modification 28:24, 

29:9

moment 15:9

money 19:23, 24:4

Monserrate 2:10

month 7:6

months 4:24

morass 19:24

morning 4:7, 5:8, 

5:9, 5:12, 18:14, 

18:15, 23:5, 23:8, 

28:19

motion 5:15, 5:20, 

5:24, 12:16, 18:2, 

18:5, 22:4, 22:24, 

23:22, 24:7, 29:4, 

29:17, 31:1

motions 30:5

movant 22:25

movants 29:19

moving 5:3

Ms 2:10, 2:19, 15:21

municipality 9:2

Muniz 25:10

< N >

need 11:24, 17:15, 

17:22, 22:2, 27:20

negotiate 26:3

negotiating 24:21, 

26:22

negotiations 29:2

New 4:9, 4:12, 4:14, 

4:16, 5:9, 6:16, 

20:16, 20:17, 

21:24, 30:17, 

30:24, 31:5

news 14:8

next 21:2, 22:23, 

23:22, 24:13, 

27:18, 29:18, 

30:1, 30:4, 30:6, 

30:23, 30:24, 

31:5, 31:7

night 9:10, 13:2

No. 1:6, 1:24, 9:20, 

13:11, 13:12, 

20:13, 30:19

None 3:5, 3:11

note 15:2

notice 6:9, 6:10, 

6:11, 6:20, 6:22, 

6:23, 7:5, 7:12, 

7:13, 10:22, 11:1, 

13:23, 14:19, 

16:14, 17:4, 

17:20, 18:10, 21:4

notices 7:6, 8:9, 

13:4, 17:6

nowadays 25:25

Nuevo 6:12, 6:16

number 5:5, 18:20

numbers 20:11

< O >

objection 17:11, 

17:18, 17:24, 

18:4, 19:18, 20:5

objections 5:23, 

9:23, 17:21

objectors 29:19

observed 29:22

observing 4:9

obtain 13:16

occurred 10:25

occurs 13:7

offered 3:5, 3:11

Office 15:5

Offices 10:15

Official 2:13, 

18:17, 32:15

Okay 12:6, 12:11, 

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 39 of 44
28:14

omni 24:19, 24:20, 

26:11, 26:21, 

27:18

Omnibus 1:37, 1:42, 

17:18, 17:21, 

24:25, 29:5, 29:23

once 14:3, 17:12

One 5:13, 8:20, 

9:10, 9:12, 9:15, 

10:10, 14:21, 

15:9, 16:19, 

16:21, 16:22, 

27:8, 29:14, 30:6

one: 11:14

ongoing 20:3

open 12:13, 23:24

opening 23:9

opportune 29:23

opportunity 23:1, 

24:9

Order 5:17, 6:3, 

7:21, 8:6, 8:8, 

9:9, 9:16, 9:24, 

10:4, 11:7, 13:2, 

13:3, 17:1, 21:12, 

21:18, 22:8, 

22:15, 24:9, 

27:25, 29:8, 

29:24, 29:25, 

30:4, 30:9, 30:10, 

31:1, 31:2

otherwise 11:22, 

26:7

outstanding 26:22

Oversight 1:9, 1:24, 

5:10, 9:6, 9:7, 

18:19

owed 19:23

< P >

PAGE 3:3, 14:21

pages 32:4

papers 23:9

paragraph 9:16, 

13:3, 13:8

parenthetical 13:7, 

13:9

part 25:15

participants 4:10

participate 24:15

participation 29:1

particular 17:5

Parties 4:7, 5:2, 

8:11, 11:9, 13:14, 

24:9, 27:13, 

27:21, 28:2, 29:2, 

29:22, 30:11

passed 10:25

past 19:22

patience 4:22

Paul 2:7, 5:9, 18:16

Peaje 2:9, 29:25

Pedro 2:22, 25:9

pending 23:22, 30:5

Pension 8:14, 8:15, 

9:12, 9:17, 9:19, 

13:5, 13:10

people 10:14, 10:16, 

10:18, 10:22, 

11:2, 13:24, 

13:25, 14:3, 15:8, 

15:14, 16:24, 

17:23, 18:22, 

19:5, 19:14, 

19:23, 20:11, 

21:3, 21:24

Perez 2:19

perhaps 10:17

period 7:7, 11:3

permitted 11:9

person 12:11

personnel 25:22, 

25:24

petition 8:5

phase 23:13, 23:16, 

23:20, 24:22

PHV 2:6, 2:7, 2:14, 

2:18, 2:19

physical 18:22

pick 12:19

place 14:21, 25:21

plan 15:4, 24:9

planning 16:12

please 25:9

pleased 20:8, 20:21

PM 5:25

podium 21:25, 30:17

point 12:5, 12:16, 

14:22, 18:1, 24:3, 

24:16, 25:13

point. 20:18, 21:10, 

21:11

Ponce 16:19

portion 24:16

portions 28:1

position 23:25, 24:3

possibility 26:10

possible 17:18, 

19:8, 31:2

possibly 16:22

Post 10:15

post-petition 8:11, 

26:4, 26:6, 27:3

post-retirement 8:15

potential 7:3, 

11:15, 11:22

Power 1:31

practical 11:14, 

23:18, 24:12

practice 18:2

precluded 29:3

prejudice 24:8

PREPA 6:19, 7:3, 

7:8, 8:13, 23:1, 

23:10, 23:12, 

23:19, 24:15, 

25:23, 26:3, 

26:25, 27:2, 27:14

PRESENT 1:42

presentations 22:4

presented 18:5

presentment 21:18, 

22:10, 22:11

preserve 13:16

press 4:8

preview 18:7, 22:12

previewed 9:22

primary 6:16, 6:17

Prime 6:10, 11:19, 

12:1, 13:22, 

14:21, 14:25, 

15:13, 16:13, 

16:16, 16:18, 

21:14

printing 16:12

prior 7:14, 8:4

priority 26:7

pro 19:15

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 40 of 44
probably 19:4

problem 15:25, 16:2, 

16:6

problems 5:3, 10:13, 

25:25

procedural 19:24

procedure 18:4, 

22:10, 22:21

procedures 17:11, 

18:11, 22:5, 22:11

proceed 15:22, 

17:15, 23:13

Proceedings 2:47, 

5:5, 28:18, 31:9, 

32:6

process 17:12, 

17:18, 17:20, 

19:6, 19:8, 19:10, 

19:12, 19:18, 

19:21, 20:1, 20:5, 

26:9, 27:17, 

27:22, 27:24, 28:4

processing 16:4

produced 2:47

proffers 22:4

programs 9:21, 13:12

progress 29:5

project 25:24

PROMESA 15:3, 15:24, 

16:4

Proof 7:11, 7:23, 

8:6, 8:12, 8:23, 

11:10, 11:12, 

11:16, 11:18, 

11:19, 13:6, 

13:16, 13:18, 

14:4, 14:5, 14:19, 

15:24

proofs 7:21, 7:22, 

8:3, 9:7, 11:6, 

11:9, 11:13, 

11:20, 12:4, 

13:20, 14:2, 14:9, 

14:13, 18:23, 

21:13

proposal 27:16

proposals 27:25

propose 24:6

Proposed 22:8, 23:17

Proskaur 5:9

protocol 17:6, 

17:11, 18:4

provided 9:19, 13:11

provision 12:24

public 4:8

publication 6:11, 

6:13, 6:14, 6:15, 

6:17, 7:12, 7:13, 

11:1

publications 6:12, 

7:14, 10:11

publishing 6:11, 

6:18

PUERTO 1:3, 1:11, 

1:16, 1:26, 1:30, 

2:6, 2:16, 2:22, 

4:1, 4:23, 5:4, 

19:4, 25:11, 

27:23, 32:2

purely 30:18

purposes 26:22, 

27:17, 27:18

pursuant 8:21, 17:1

put 22:20

putting 10:22, 24:19

< Q >

question 11:14, 

12:11, 14:24, 

20:12, 23:10, 

23:24, 24:24, 

30:18

questions 10:3, 

10:7, 14:7, 18:8, 

23:2

quick 22:9

< R >

radio 7:15, 7:17, 

7:18, 7:19, 10:11, 

10:18, 10:21, 

13:24, 18:21, 

21:2, 21:3, 21:7

raise 29:15

raised 19:17, 20:4

rather 27:16

Re 1:6, 1:22

re-established 12:8

reads 13:9

ready 24:15

realize 26:12

really 11:24, 19:7, 

19:12

reason 12:3

reasonably 24:15

reasons 25:20, 27:8

recap 12:13

receive 6:21, 6:23

received 5:19, 5:22, 

9:10

receiving 9:18, 

11:3, 13:10

recess 28:17, 28:22

recommenced 6:25

reconciling 16:3

reconvened. 28:18

recorded 2:47

reduced 8:21

refer 14:20

referenced 27:25

reflecting 29:8

reflects 5:18

regarding 10:1, 

10:3, 12:24, 

29:21, 30:4

regardless 26:6

register 31:1

regular 26:2

regularly 10:17

rejection 6:1, 6:4

related 29:21

relative 22:19

relatively 5:12

relevant 28:1

remail 17:8

remains 5:1

remarks 4:6, 12:14

remember 26:13

render 19:7

Reporter 32:15

represent 19:6

representative 1:13, 

1:28, 12:1, 16:17

republishing 7:13

request 13:22, 30:2

requested 9:10, 

12:24, 13:2

required 7:4, 8:6, 

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 41 of 44
11:10

requirement 7:10, 

8:7, 13:6

research 17:8

resolution 5:22, 

19:21

resolving 30:5

resources 26:14

respect 6:9, 6:19, 

7:12, 7:20, 9:11, 

14:8, 21:1, 29:17

respective 8:5

responding 28:11

response 23:10, 28:9

restoration 4:25

result 5:22

resuming 28:7

resumption 24:22, 

27:2, 27:19

retired 25:14, 

25:16, 25:25, 

27:11

Retiree 9:22

retirees 12:24, 

13:17, 21:20

retirement 13:15

retried 27:15

returned 17:6

reviewed 12:15, 

14:20, 22:2

reviewing 26:15

revise 17:1

revised 5:17, 9:9, 

12:18, 22:8

revising 27:1

revision 13:1, 21:20

revisions 21:17, 

22:17

revisit 27:18

revisiting 23:10, 

26:21

Richard 2:11

RICO 1:3, 1:11, 

1:16, 1:26, 1:30, 

2:6, 2:16, 2:22, 

4:1, 4:23, 5:4, 

19:5, 25:11, 

27:23, 32:2

ripple 13:3

risk 11:23

road 4:25

robust 20:15

Rose 5:10

Ruby 4:11

rule 7:3

rules 19:5, 27:23

running 7:15, 7:16

< S >

S/ 32:13

SA 25:10

Safe 31:6

salaries 8:16

San 4:1, 4:10, 

16:19, 25:10

satisfied 22:15

schedule 24:21

scheduled 30:23

Schell 2:11

schools 19:2, 19:11

section 11:20

seem 23:14

seems 10:24, 14:20, 

14:22

send 19:13, 22:13, 

29:8

senior 25:17, 25:22, 

25:24, 27:10, 

27:11

sense 23:15, 28:12

separate 7:1, 21:13

service 8:14

session 25:19

sessions 19:1, 

19:13, 20:10, 28:2

set 12:4, 18:25, 

20:22, 21:13, 

24:8, 24:13, 29:4, 

29:18, 29:25

sets 8:7

setting 16:22

settlement 8:22, 

29:2

setup 17:2

seven 22:12

several 29:20

share 17:10

short 5:5, 5:12, 

17:1, 24:6, 25:12

shortcut 23:2

shorten 7:6

significant 26:14, 

27:14

similar 7:24, 9:20, 

13:12, 29:24

similarly 6:6

simplicity 22:19

simplified 19:25

sine 27:5

site 17:2, 17:3

situation 15:23

six 30:7

Solutions 12:6, 

12:10, 12:13

sometime 30:13

Sorry 10:3, 12:8

sort 7:4, 7:8, 

13:23, 15:17, 26:6

sorted 16:11

sounds 22:1, 24:18

south 16:20

Southern 4:12, 4:14

Spanish 6:13, 6:15, 

6:17, 7:16, 7:17, 

7:19, 20:23

special 6:20, 11:18, 

23:15, 23:16, 

24:14, 25:13, 

26:12, 26:25, 

28:3, 29:1

specific 28:1

spend 24:4

spending 24:3

spent 24:1

spots 7:16

stability 5:1

staff 16:2

standard 16:3

start 5:14, 26:8

starting 7:14, 19:9

stated 5:11

statement 18:25

States 1:1, 1:39, 

32:7

station 7:17

stations 21:3

status 29:5

statutory 31:3

stay 22:24, 26:22, 

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 42 of 44
27:17, 28:24, 29:3

steadily 5:3

stenography 2:47

stipulate 27:21

Stipulated 29:8

stipulation 26:9, 

27:17, 27:22, 

27:24

stipulations 26:23, 

26:24, 28:25

straight 25:13

strength 4:22

stronger 5:3

subject 6:4, 17:23, 

22:5

submission 11:8

submissions 22:3

submit 7:25, 21:17

submitted 5:17, 

5:21, 7:22

substantial 20:11, 

28:6, 29:20

substantially 12:18

substantive 5:22

suggest 5:14

suggested 20:3, 

23:10

suggestion 26:20

summary 12:15, 12:18

super 26:7

supervised 26:24

support 15:6

supposed 25:18

suspended 27:5

Swain 1:38, 32:7

system 14:19, 14:23, 

15:10, 15:13

< T >

tab 12:4, 21:13

Tacoronte 15:21

tailor 17:22

taken. 28:17

Taylor 1:38, 32:7

telephone 12:7

telephonic 4:9

ten 19:23

territorial 9:6

testify 25:20, 27:7

testifying 25:15, 

25:19

testimony 26:13, 

27:21, 30:9

Texas 20:17

themselves 17:23

they'll 6:22, 6:23, 

11:3

thinking 17:11, 

18:1, 20:10

third 6:4, 24:20

though 22:1

thousand 13:20

three 5:24, 7:21, 

16:14, 19:4, 

23:14, 27:6

Thursday 30:24

timetable 22:9

timing 17:12, 23:11

Title 1:8, 5:16, 

8:5, 9:18, 13:8, 

13:10

Today 4:11, 5:5, 

19:19, 22:4, 22:6, 

22:9, 22:20, 

24:11, 30:20, 

30:23, 31:3

took 13:14, 25:21

total 7:16

toward 5:3

transaction 11:23

Transcript 2:47, 

32:4

transcription 32:5

transpired 27:5

Traurig 23:6, 28:20

travels 31:6

trial 23:13, 24:16, 

25:16, 25:19, 

26:16, 26:17, 

27:2, 27:19, 28:7

true 7:7, 32:5

truly 4:10

trustee 7:23, 8:25

Trustees 11:8

try 18:25, 19:11

Tuesday 30:13

tutorial 19:1

two 16:19, 18:18, 

21:3, 26:1, 26:16, 

27:6

type 7:3

typically 26:8

< U >

uncontested 5:13, 

5:14, 12:17

undeliverable 17:6

underlying 24:2

understand 9:24, 

12:12, 12:16, 

14:18, 15:16, 

16:10, 19:5

understanding 7:2, 

10:9, 15:11

understood 18:6, 

21:23

undertake 25:2

undertaken 13:23

underway 17:13

Unfortunately 31:2

Union 8:18, 11:8, 

14:10

unions 7:24

United 1:1, 1:39, 

32:6

unless 7:7, 28:9

unnecessary 24:4

Unsecured 2:14, 9:24

until 29:4

using 30:8

usual 31:1

< V >

V. 2:7

various 5:19

venues 28:6

via 16:13

vibrant 5:4

visiting 10:17

volume 17:16

voluminous 26:15

< W >

wages 8:16

wait 12:7

Walker 32:13, 32:14

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 43 of 44
wanted 18:24, 19:16, 

20:4, 21:24

wants 30:17

website 11:20, 12:4, 

15:13, 16:14, 

21:12, 21:14

week 23:22, 24:20, 

29:18, 30:1, 30:4, 

30:6, 30:10, 31:5, 

31:7

weeks 21:2, 23:14

welcome 4:7, 25:7

welcoming 4:6

west 16:21

whenever 28:1

wherever 11:3

whether 14:2, 14:5, 

14:24, 26:7, 27:2, 

29:24

willing 19:15, 27:21

wish 21:23

within 21:2, 24:22

without 24:8, 28:5

witness 30:12

WITNESSES 3:3, 

25:15, 25:17, 

26:1, 26:13, 

26:19, 27:6, 27:7, 

28:5

WKAQ 7:18

WMEG 7:17

wonder 11:25, 22:25

work 19:15, 25:22

workable 25:3

worked 5:20

Workers 8:16

working 26:8, 28:2

works 24:23

worst 27:10

< Y >

year 23:19, 24:22

years 19:23, 25:14, 

25:16, 26:16, 

27:11

yesterday 29:22

York 4:9, 4:13, 

4:14, 4:16, 5:9, 

6:16, 20:16, 

20:17, 21:24, 

30:17, 30:24, 31:5

yourselves 31:2

Case:17-03283-LTS Doc#:2440 Filed:02/08/18 Entered:02/08/18 13:27:33 Desc: Main

Document Page 44 of 44