RSVP Required: Contact mwarren@dcigroup.com for dial in information
New York - On Wednesday, July 23, at 10:30am EDT, Matthew D. McGill of Gibson, Dunn & Crutcher will hold a media briefing to discuss a lawsuit filed today by BlueMountain Capital Management, LLC against the Government of Puerto Rico, which challenges the legality of a new law that allows certain public corporations to avoid their debts.
Funds managed by BlueMountain Capital are holders of power revenue bonds in Puerto Rico Electric Power Authority (PREPA), a public corporation that provides electrical power to residents and businesses in the Commonwealth of Puerto Rico.
PREPA is widely considered the most likely public corporation to seek to avoid its debts under the Puerto Rico Public Corporation Debt Enforcement and Recovery Act, which was enacted on June 28, 2014.
The media briefing teleconference with Matthew D. McGill is open only the accredited members of the media. To receive dial-in information for the call, contact mwarren@dcigroup.com. RSVP is required.
About BlueMountain Capital Management, LLC
BlueMountain Capital Management, LLC ("BlueMountain Capital") is an absolute return manager with over $20 billion under management. BlueMountain Capital and its affiliates have offices in New York, London, and Tokyo. More information can be found at
Contact: Miriam Warren, mwarren@dcigroup.com; (202) 772-2186
/PRNewswire-USNewswire -- July 22, 2014/
SOURCE BlueMountain Capital Management, LLC