Vitol Inc. and Vitol S.A. score big against the Puerto Rico Electric Power Authority in a case where McV's Eduardo A. Zayas-Marxuach acted as local counsel

On Monday, September 27, 2021, after more than a decade litigating in Puerto Rico and federal courts, Judge Laura Taylor Swain dismissed PREPA’s claims to recover $3.9 billion in contract payments, and granted Vitol Inc.’s $28.5 million claim for breach of contract. 

Also representing Vitol were Neal Manne, Alex Kaplan, Weston O'Black, Michael Kelso and Florence Chen of Susman Godfrey LLP (Lead Counsel); Andrés López of The Law Offices of Andrés W. López (Local Counsel); Shana A. Elberg and Bram A. Strochlic of Skadden, Arps, Slate, Meagher & Flom LLP (Bankruptcy Counsel); and Gregory G. Garre of Latham & Watkins LLP (Appellate Counsel).  You can read Judge Swain’s Opinion and Order below

You can read Judge Swain’s Opinion and Order below.