McV Creates PROMESA Task Force

McConnell Valdés announced the creation of the McV PROMESA Task Force, a pioneer group created before the filing of the first PROMESA Title III petitions in the Island.

The implementation of the Puerto Rico Oversight Management and Economic Stability Act (“PROMESA”) has dramatically changed Puerto Rico’s governmental, financial and commercial landscape.

To address our clients’ needs in facing the challenges brought by these changes, the McV PROMESA Task Force draws on the skill sets and expertise of  some of the most experienced practitioners in the restructuring, insolvency, government affairs, real estate, creditors’ rights, and corporate and financing practices, both in Puerto Rico and in Washington, D.C. The Task Force includes two of the lead drafters of PROMESA while serving in the U.S. Congress, Bill Cooper^* and Jason Knox^**.

_{* Admitted in Tennessee and the District of Columbia        **Admitted in Florida}