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To impose requirements on the payment of compensation to professional persons employed in voluntary cases commenced under title III of the Puerto Rico Oversight Management and Economic Stability Act (commonly known as "PROMESA").

USA115th CongressHR-7355| House 
| Updated: 12/19/2018
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (4)
Raúl M. Grijalva (Democratic)Andy Biggs (Republican)Rob Bishop (Republican)Jenniffer González-Colón (Republican)

Judiciary Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Puerto Rico Recovery Accuracy in Disclosures Act of 2018 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services.
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Timeline
Dec 19, 2018
Introduced in House
Dec 19, 2018
Referred to the House Committee on the Judiciary.
  • December 19, 2018
    Introduced in House


  • December 19, 2018
    Referred to the House Committee on the Judiciary.

Law

BankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates

To impose requirements on the payment of compensation to professional persons employed in voluntary cases commenced under title III of the Puerto Rico Oversight Management and Economic Stability Act (commonly known as "PROMESA").

USA115th CongressHR-7355| House 
| Updated: 12/19/2018
Puerto Rico Recovery Accuracy in Disclosures Act of 2018 or PRRADA This bill requires professionals employed in debt adjustment cases involving Puerto Rico to file verified statements disclosing their connections with the debtor, creditors, and other interested parties before seeking compensation for their services.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Dec 19, 2018
Introduced in House
Dec 19, 2018
Referred to the House Committee on the Judiciary.
  • December 19, 2018
    Introduced in House


  • December 19, 2018
    Referred to the House Committee on the Judiciary.
Nydia M. Velázquez

Nydia M. Velázquez

Democratic Representative

New York

Cosponsors (4)
Raúl M. Grijalva (Democratic)Andy Biggs (Republican)Rob Bishop (Republican)Jenniffer González-Colón (Republican)

Judiciary Committee

Law

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
BankruptcyCaribbean areaDebt collectionGovernment ethics and transparency, public corruptionLawyers and legal servicesLegal fees and court costsPuerto RicoU.S. territories and protectorates