48 U.S.C. § 2172

Filing of plan of adjustment

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(a) Exclusivity

Only the Oversight Board, after the issuance of a certificate pursuant to section 2124(j) of this title, may file a plan of adjustment of the debts of the debtor.

(b) Deadline for filing plan

If the Oversight Board does not file a plan of adjustment with the petition, the Oversight Board shall file a plan of adjustment at the time set by the court.

(Pub. L. 114–187, title III, § 312, June 30, 2016, 130 Stat. 583.)

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2019–2025 · leading case: Aurelius Capital Master, Ltd. v. Commonwealth (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico), 919 F.3d 638 (1st Cir. 2019).

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Aurelius Capital Master, Ltd. v. Commonwealth (In Re Fin. Oversight & Mgmt. Bd. for Puerto Rico), 919 F.3d 638 (1st Cir. 2019). “See 48 U.S.C. §§ 2172 , 2174. Thus, we agree with the district court that the Bondholders' request for declaratory judgments in Counts 3 to 6 was non-justiciable and affirm its dismissal of these counts for lack of subject matter jurisdiction.”

Dinh v. United States (Fed. Cir. 2025). “48 U.S.C. § 2172 ; id. § 2121(d)(1)(B)–(C); see also id.”

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