Dechert Secures US$8.5 Billion Victory for Municipal Bondholders in PREPA Utility Case
June 20, 2024
June 20, 2024
PHILADELPHIA, Pennsylvania, June 20 -- Dechert, a law firm, issued the following news:
Dechert represented the municipal bondholders of the Puerto Rico Electric Power Authority (PREPA) in their successful case, reinstating the bondholders' claim for approximately US$8.5 billion, secured by all PREPA's Net Revenues.
PREPA, an electric power company owned by the Commonwealth of Puerto Rico, is responsible for electricity generation, power distribution and power transmissi . . .
Dechert represented the municipal bondholders of the Puerto Rico Electric Power Authority (PREPA) in their successful case, reinstating the bondholders' claim for approximately US$8.5 billion, secured by all PREPA's Net Revenues.
PREPA, an electric power company owned by the Commonwealth of Puerto Rico, is responsible for electricity generation, power distribution and power transmissi . . .