EXHIBIT A 

Certification of Jorge Marchand Sifre

Case:17-03283-LTS Doc#:3536-1 Filed:07/16/18 Entered:07/16/18 15:53:09 Desc:

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IN THE UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO 

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO 

RICO, 

 as representative of 

THE COMMONWEALTH OF PUERTO RICO, 

et al.

 Debtors.1

PROMESA 

Title III 

No. 17 BK 3283-LTS 

(Jointly Administered) 

VERIFIED CERTIFICATION OF 

JORGE MARCHAND SIFRE IN SUPPORT 

OF THE SECOND INTERIM APPLICATION OF MARCHAND ICS 

GROUP FOR ALLOWANCE OF COMPENSATION FOR SERVICES 

RENDERED AND REIMBURSEMENT OF EXPENSES INCURRED 

AS INFORMATION AGENT TO THE OFFICIAL COMMITTEE OF 

RETIRED EMPLOYEES OF THE COMMONWEALTH OF PUERTO 

RICO FROM FEBRUARY 1, 2018 THROUGH MAY 31, 2018 

I, Jorge Marchand Sifre, hereby declare that the following is true and correct to the best of 

my knowledge, information, and belief: 

1. I am the founder and principal of Marchand ICS Group (“Marchand”) which 

provides communications consulting. Marchand has more than two decades of experience 

 

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 The Debtors in these jointly-administered PROMESA title III cases, along with each Debtor’s respective 

title III case number listed as a bankruptcy case number due to software limitations and the last four (4) 

digits of each Debtor’s federal tax identification number, as applicable, are: (i) Commonwealth of Puerto 

Rico (Bankruptcy Case No. 17 BK 3283-LTS) (Last Four Digits of Federal Tax ID: 3481); (ii) Puerto Rico 

Sales Tax Financing Corporation (Bankruptcy Case No. 17 BK 3284) (Last Four Digits of Federal Tax ID: 

8474); (iii) Puerto Rico Highways and Transportation Authority (Bankruptcy Case No. 17 BK 3567-LTS) 

(Last Four Digits of Federal Tax ID: 3808); (iv) Employees Retirement System of the Government of the 

Commonwealth of Puerto Rico (Bankruptcy Case No. 17 BK 3566-LTS) (Last Four Digits of Federal Tax 

ID: 9686); and (v) Puerto Rico Electric and Power Authority (Bankruptcy Case No. 17 BK 4780) (Last 

Four Digits of Federal Tax ID: 3747). 

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providing strategic communications consulting services for a wide array of clients across dozens 

of industries. I am currently resident in Marchand’s San Juan office, located at the Marvel & 

Marchand Architects Bldg., 161 San Jorge St., Suite 402-E, San Juan, Puerto Rico 00911. 

2. I am authorized to submit this certification in support of the Second Application of 

Marchand ICS Group for Allowance of Compensation for Services Rendered and Reimbursement 

of Expenses Incurred Information Agent to the Official Committee of Retired Employees of the 

Commonwealth of Puerto Rico from February 1, 2018 through May 31, 2018 (the “Application”). 

Except as otherwise noted, I have personal knowledge of the matters set forth herein. 

3. I have read the Application. The statements contained in the Application are true 

and correct according to the best of my knowledge, information, and belief. 

4. To the best of my knowledge, information, and belief, formed after reasonable 

inquiry, the fees and disbursements sought in the Application are permissible under the Puerto 

Rico Oversight, Management, and Economic Stability Act (“PROMESA”), 48 U.S.C. §§ 2101–

2241; the Federal Rules of Bankruptcy Procedure (the “Bankruptcy Rules”); the Bankruptcy 

Rules for the United States Bankruptcy Court for the District of Puerto Rico (the “Local Rules”); 

the Court’s Order Establishing Procedures for Retiree Access to Information Pursuant to 11 

U.S.C. §§ 105(a), 1102(b)(3), and 1103(a), and (II) Employing Marchand ICS Group (“Retention 

Order”) [Dkt. No. 1415]; the Court’s Second Amended Order Setting Procedures for Interim 

Compensation and Reimbursement of Expenses of Professionals [Dkt. No. 3269]; and the United 

States Trustee’s Guidelines for Reviewing Applications for Compensation and Reimbursement of 

Expenses Filed Under 11 U.S.C. § 330 by Attorneys in Large Chapter 11 Cases Effective as of 

November 1, 2013. 

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5. The fees and disbursements sought in the Application are billed at rates Marchand 

customarily employs and Marchand clients generally accept in matters of this nature. 

6. None of the professionals seeking compensation varied their hourly rate based on 

their geographic location. 

7. Marchand is not seeking compensation for this Interim Period for time spent 

reviewing or revising time records or preparing, reviewing, or revising invoices. 

8. Marchand does not make a profit on costs or expenses for which it seeks 

reimbursement, whether the service is performed by Marchand in-house or through a third party. 

9. In accordance with Rule 2016(a) of the Bankruptcy Rules and 11 U.S.C. § 504, no 

agreement or understanding exists between Marchand and any other person for the sharing of 

compensation to be received in connection with the Title III Cases except as authorized by 

PROMESA, the Bankruptcy Rules, and the Local Rules. 

10. All services for which compensation is sought were professional services rendered 

to the Retiree Committee and not on behalf of any other person. 

11. The Retiree Committee was provided with a copy of the Application before it was 

filed with the Court and does not object to the relief requested therein. 

I certify under penalty of perjury that the foregoing is true and correct to the best of my 

knowledge, information, and belief formed after reasonable inquiry. 

Executed on July 19, 2018 

/s/ Jorge Marchand Sifre 

Jorge Marchand Sifre

Case:17-03283-LTS Doc#:3536-1 Filed:07/16/18 Entered:07/16/18 15:53:09 Desc:

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