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5 Federal Judges To Mediate Puerto Rico Bankruptcy Fights

Law360, New York (June 14, 2017, 8:09 PM EDT) -- A team of five sitting federal judges across several jurisdictions was appointed on Wednesday to help mediate issues arising from Puerto Rico's massive debt restructuring proceedings, with U.S. Bankruptcy Judge Barbara Houser of Texas' Northern District to serve as leader of the group.

The order and notification issued by U.S. District Judge Laura Taylor Swain, a New York federal jurist picked to oversee Puerto Rico’s pseudo-bankruptcy, states that the availability of distinguished judges to serve as mediators will “further the goal of the successful, consensual resolution of the issues raised in these debt adjustment proceedings.”

Currently, Judge Swain is overseeing four...

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