Nos. 18-1334, -1496, -1514 In the Supreme Court of the United States FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO, Petitioner, V. AURELIUS INVESTMENT, LLC, ET AL., Respondents. OFFICIAL COMMITTEE OF UNSECURED CREDITORS OF ALL TITLE III DEBTORS OTHER THAN COFINA, Petitioner, V. AURELIUS INVESTMENT, LLC, ET AL., Respondents. UNITED STATES, Petitioner, V. AURELIUS INVESTMENT, LLC, ET AL., Respondents. ON WRIT OF CERTIORARI TO THE UNITED STATES COURT OF APPEALS FOR THE FIRST CIRCUIT OPENING BRIEF FOR PETITIONER THE FINANCIAL OVERSIGHT AND MANAGEMENT BOARD FOR PUERTO RICO DONALD B. VERRILLI, JR. MARTIN J. BIENENSTOCK Counsel of Record STEPHEN L. RATNER GINGER D. ANDERS TIMOTHY W. MUNGOVAN SARAH G. BOYCE MARK D. HARRIS ADELE M. EL-KHOURI CHANTEL L. FEBUS RACHEL G. MILLER-ZIEGLER PROSKAUER ROSE LLP MUNGER, TOLLES & OLSON LLP Eleven Times Square 1155 F Street NW 7th Floor New York, N.Y. 10036 Washington, D.C. 20004 (212) 969-3000 (202) 220-1100
[email protected] [email protected] JORDAN D. SEGALL MUNGER, TOLLES & OLSON LLP 350 S. Grand Ave., 50th Floor Los Angeles, CA 90071 (213) 683-9208 Counsel for Petitioner i QUESTION PRESENTED Whether the Appointments Clause governs the appointment of members of the Financial Oversight and Management Board for Puerto Rico. ii PARTIES TO THE PROCEEDING Petitioner and Cross-Respondent here, Appellee below, is the Financial Oversight and Management Board for Puerto Rico. Petitioners and Cross-Respondents here, also Ap- pellees below, are the United States; the Common- wealth of Puerto Rico; the American Federation of State County and Municipal Employees; the Official Committee of Retired Employees of the Common- wealth of Puerto Rico; the Official Committee of Un- secured Creditors; Puerto Rico Electric Power Au- thority (PREPA); the Puerto Rico Fiscal Agency and Financial Advisory Authority; Andrew G.