IN THE UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

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In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO 

as representative of 

THE COMMONWEALTH OF PUERTO RICO, et al., 

Debtors.1

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PROMESA 

Title III 

Case No. 3:17-cv-03283 (LTS) 

(Jointly Administered) 

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INFORMATIVE MOTION OF THE ERS SECURED CREDITORS WITH RESPECT TO

ORDER REGARDING PROCEDURES FOR ATTENDANCE, PARTICIPATION AND 

OBSERVATION OF JULY 25-26, 2018, OMNIBUS HEARING

 Altair Global Credit Opportunities Fund (A), LLC, Andalusian Global Designated 

Activity Company, Glendon Opportunities Fund, L.P., Mason Capital Master Fund LP, Nokota 

Capital Master Fund, L.P., Oaktree-Forrest Multi-Strategy, LLC (Series B), Oaktree 

Opportunities Fund IX, L.P., Oaktree Opportunities Fund IX (Parallel 2), L.P., Oaktree Value 

Opportunities Fund, L.P., Ocher Rose, L.L.C., and SV Credit, L.P. (collectively the “ERS 

Secured Creditors”), by and through their attorneys, hereby submit this informative motion in 

response to this Court’s Order Regarding Procedures For Attendance, Participation And 

 

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 The Debtors in these Title III cases, along with each Debtor’s Bankruptcy Court case number and last four (4) 

digits of each Debtor’s federal tax identification number are (i) The Commonwealth of Puerto Rico (Bankr. 

Case No. 17-bk-3283 (LTS)) (Last Four Digits of Federal Tax ID: 3481); (ii) The Employees Retirement 

System of the Government of the Commonwealth of Puerto Rico (Bankr. Case No. 17-bk-3566 (LTS)) (Last 

Four Digits of Federal Tax ID: 9686); (iii) Puerto Rico Sales Tax Financing Corporation (Bankr. Case No. 17-

bk-3284 (LTS)) (Last Four Digits of Federal Tax ID: 8474); (iv) Puerto Rico Highways and Transportation 

Authority (Bankr. Case. No. 17-bk-3567 (LTS) (Last Four Digits of Federal Tax ID: 3808). 

Case:17-03283-LTS Doc#:3610 Filed:07/18/18 Entered:07/18/18 16:51:32 Desc: Main

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Observation Of July 25-26, 2018, Omnibus Hearing (Docket No. 3472), and respectfully state as 

follows:

1. Bruce Bennett and Benjamin Rosenblum of Jones Day will appear in person in 

Courtroom 2 of the United States District Court for the District of Puerto Rico, 150 Carlos 

Chardón Street, Federal Building, San Juan, Puerto Rico 00918-1767 to present argument with 

respect to and respond to any issues raised with respect to 1) the Employees Retirement System 

of the Government of the Commonwealth of Puerto Rico and 2) the Motion of Certain Secured 

Creditors of the Employees Retirement System of the Government of the Commonwealth of 

Puerto Rico for Relief from the Automatic Stay (the “Stay Relief Motion”) [Docket No. 3418, 

Docket No. 289 in Case No. 17-3566]. Other than Bruce Bennett and Benjamin Rosenblum, the 

ERS Secured Creditors do not intend for any additional persons to attend the July Omnibus 

Hearing on their behalf. 

2. The ERS Secured Creditors also reserve their right to respond to any statements 

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

any adversary proceeding currently pending in the jointly administered Title III cases. 

 

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RESPECTFULLY SUBMITTED.

In San Juan, Puerto Rico, today July 18, 2018. 

By: 

/s/ Alfredo Fernández-Martínez /s/ Bruce Bennett 

Alfredo Fernández-Martínez 

DELGADO & FERNÁNDEZ, LLC 

PO Box 11750 

Fernández Juncos Station 

San Juan, Puerto Rico 00910-1750 

Tel. (787) 274-1414 

Fax: (787) 764-8241 

afernandez@delgadofernandez.com 

USDC-PR 210511 

Counsel for Altair Global Credit Opportunities 

Fund (A), LLC, Andalusian Global Limited, 

Glendon Opportunities Fund, L.P., Mason 

Capital Master Fund LP, Nokota Capital 

Master Fund, L.P., Oaktree-Forrest MultiStrategy, LLC (Series B), Oaktree Opportunities 

Fund IX, L.P., Oaktree Opportunities Fund IX 

(Parallel 2), L.P., Oaktree Value Opportunities 

Fund, L.P., Ocher Rose, L.L.C., and SV Credit, 

L.P. 

Bruce Bennett (pro hac vice)

JONES DAY 

555 South Flower Street 

Fiftieth Floor 

Los Angeles, California 90071 

Tel. (213) 489-3939 

Fax: (213) 243-2539 

bbennett@jonesday.com 

Benjamin Rosenblum (pro hac vice) 

JONES DAY 

250 Vesey Street 

New York, NY 10281 

Tel. (212) 326-3939 

Fax: (212) 755-7306 

brosenblum@jonesday.com 

Geoffrey S. Stewart (pro hac vice) 

Beth Heifetz (pro hac vice) 

Christopher DiPompeo (pro hac vice) 

Sparkle L. Sooknanan (pro hac vice) 

JONES DAY 

51 Louisiana Ave. N.W. 

Washington, DC 20001 

Tel. (202) 879-3939 

Fax: (202) 626-1700 

gstewart@jonesday.com 

bheifetz@jonesday.com 

cdipompeo@jonesday.com 

ssooknanan@jonesday.com 

Counsel for Altair Global Credit 

Opportunities Fund (A), LLC, Andalusian 

Global Designated Activity Company, 

Glendon Opportunities Fund, L.P., Mason 

Capital Master Fund LP, Nokota Capital 

Master Fund, L.P., Oaktree-Forrest 

Multi-Strategy, LLC (Series B), Oaktree 

Opportunities Fund IX, L.P., Oaktree 

Opportunities Fund IX (Parallel 2), L.P., 

Oaktree Value Opportunities Fund, L.P., 

Ocher Rose, L.L.C., and SV Credit, L.P.

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CERTIFICATE OF SERVICE 

 I hereby certify that, on July 18, 2018, I caused a copy of the foregoing Informative 

Motion Of The ERS Secured Creditors With Respect To Order Regarding Procedures For 

Attendance, Participation And Observation Of The July 25-26, 2018, Omnibus Hearing, to be 

electronically filed with the Clerk of the Court using the CM/ECF system, which will send 

notifications of such filing to all CM/ECF participants in this case.

 I declare under penalty of perjury that the foregoing is true and correct. Executed on 

July 18, 2018, at New York, New York. 

 /s/ Benjamin Rosenblum 

 Benjamin Rosenblum 

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