Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
113ee — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Thirteen - Taxation and Finance (§§ 1 — 33423)/
  5. Subtitle 1 - Governmental Finances/
  6. Chapter 8 - Puerto Rico Public Corporation Debt Enforcement and Recovery Act Sub/
  7. Subchapter III - Debt Enforcement § 113 - the Petition/
  8. 113ee
Puerto Rico Legal Code

113ee

Ask AI about this
(a) Claims for reimbursement, contribution, or indemnification shall not be allowed to the extent their allowance causes a petitioner to have liability to pay the same underlying debt more than once. To the extent such claims relate to debts in existence prior to the filing of a petition under §§ 113-113nn of this title, such claims shall not be deemed administrative claims.(b) The Court shall subordinate to the claim of an affected creditor and for the benefit of such creditor an allowed subrogation claim of an entity that is liable with the petitioner on, or that has secured, such creditor’s claim, until such creditor’s claim is paid in full, either through payments under §§ 113-113nn of this title or otherwise. History —June 28, 2014, No. 71, § 332.