Event

PROMESA Two Years Out: Are We Closer to a Solution?

Blank Rome is pleased to be a sponsor of the upcoming New York City Bar Association program, PROMESA Two Years Out: Are We Closer to a Solution? being held Tuesday, February 12, 2019, from 6:30 to 8:30 p.m. 

The Puerto Rico Oversight, Management, and Economic Stability Act (“PROMESA”), enacted by Congress more than two years ago, was controversial when it was first proposed and remains subject to ongoing criticism and debate. By its terms, PROMESA is meant to help Puerto Rico attain financial stability. In practice, PROMESA has raised a number of substantive issues including the authority of the Financial Oversight and Management Board created under PROMESA, the appointment of its members, and its encroachment on Puerto Rico’s sovereignty. This program will discuss whether PROMESA is succeeding and provide a lively discussion of what has been done, “good and bad,” and what remains in store for the island’s economic future.

Blank Rome Partner Rick Antonoff is co-chair of the New York City Bar Puerto Rico Task Force, which is the Sponsoring Association Committee for this event.

Schedule speakers for the program include:

• Moderator: Liana Fiol Matta, Professor, Pontifical Catholic University of Puerto Rico School of Law, and former Chief Justice of the Supreme Court of Puerto Rico
• Luis Jose Torres Asencio, Professor, Faculty of Law, Inter American University of Puerto Rico, Faculty of Law
• Ariadna Godreau-Aubert, Director, Ayuda Legal Puerto Rico
• Hon. Arthur J. Gonzalez, Senior Fellow, New York University Law School, member of PROMESA Oversight Board, and former United States Bankruptcy Judge, SDNY
• Alvin Velázquez, Associate General Counsel, Service Employees International Union (“SEIU”), Chair of the Official Committee of Unsecured Creditors in the jointly administered Title III cases of Puerto Rico, COFINA, ERS, HTA and PREPA

For more information or to register, please visit the event webpage.