181031 ORD RE COFINA SETTLEMENT OBJ DEADLINE.DOCX VERSION OCTOBER 31, 2018 1 

UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

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

In re: PROMESA 

 Title III 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of No. 17 BK 3283-LTS 

THE COMMONWEALTH OF PUERTO RICO, (Jointly Administered) 

et al., 

 Debtors. 1

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

THE OFFICIAL COMMITTEE OF UNSECURED 

CREDITORS OF THE COMMONWEALTH OF 

PUERTO RICO, 

 as agent of 

THE COMMONWEALTH OF PUERTO RICO, 

 Plaintiff, 

 -v- Adv. Proc. No. 17-0257-LTS 

 in 17 BK 3283-LTS. 

BETTINA WHYTE 

 as agent of 

THE PUERTO RICO SALES TAX FINANCING 

CORPORATION, 

 Defendant. 

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

 

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). 

Case:17-03283-LTS Doc#:4128 Filed:10/31/18 Entered:10/31/18 17:48:19 Desc: Main

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181031 ORD RE COFINA SETTLEMENT OBJ DEADLINE.DOCX VERSION OCTOBER 31, 2018 2 

ORDER DENYING MOTION OF THE OFFICIAL COMMITTEE OF RETIRED 

EMPLOYEES OF THE COMMONWEALTH OF PUERTO RICO 

TO CHANGE THE OBJECTION DEADLINE FOR COFINA SETTLEMENT MOTION

 The Court has received and reviewed the Motion of the Official Committee of 

Retired Employees of the Commonwealth of Puerto Rico to Change the Objection Deadline for 

COFINA Settlement Motion (Docket Entry No. 4100 in Case No. 17-3283 and Docket Entry No. 

556 in Case No. 17-0257, the “Motion”), filed by the Official Committee of Retired Employees 

of the Commonwealth of Puerto Rico (the “Retiree Committee”), the Response of the Financial 

Oversight and Management Board to Motion of Official Committee of Retired Employees of the 

Commonwealth of Puerto Rico to Change Objection Deadline for COFINA Settlement Motion 

(Docket Entry No. 4116 in Case No. 17-3283 and Docket Entry No. 561 in Case No. 17-0257, 

the “Objection”), filed by the Financial Oversight and Management Board for Puerto Rico (the 

“Oversight Board”), and the Amended Reply of the Official Committee of Retired Employees of 

the Commonwealth of Puerto Rico in Support of Motion to Change the Objection Deadline for 

COFINA Settlement Motion (Docket Entry No. 4125 in Case No. 17-3283).2

 

Because the Retiree Committee has not provided adequate justification for its 

requested extension of the deadline to object to the Settlement Motion by an additional fiftyseven days, and in order to ensure sufficient time for the Court to consider the Settlement Motion 

in advance of the submissions concerning the proposed COFINA plan of adjustment, the Motion 

is denied. The deadline to file objections to the Settlement Motion is November 16, 2018 at 

5:00 p.m. (Atlantic Standard Time). Any reply submission must be filed by December 7, 

2018 at 5:00 p.m. (Atlantic Standard Time). 

This Order resolves Docket Entry No. 4100 in Case No. 17-3283 and Docket 

Entry No. 556 in Case No. 17-0257. 

 SO ORDERED. 

Dated: October 31, 2018 

 /s/ Laura Taylor Swain 

 LAURA TAYLOR SWAIN

 United States District Judge 

 

2

 The Court has also received and reviewed the COFINA Agent’s joinder to the Oversight 

Board’s Objection (see Docket Entry No. 4117 in Case No. 17-3283 and Docket Entry 

No. 562 in Case No. 17-0257), and the Official Unsecured Creditors Committee’s 

statement in support of the Retiree Committee’s Motion (see Docket Entry No. 4118 in 

Case No. 17-3283 and Docket Entry No. 563 in Case No. 17-0257). 

Case:17-03283-LTS Doc#:4128 Filed:10/31/18 Entered:10/31/18 17:48:19 Desc: Main

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