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Court of Appeals upholds auction of Pantranco buses to rival firms

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MANILA, Philippines—The Court of Appeals has junked for lack of merit the petition of three bus companies seeking to nullify the order of the Land Transportation Franchising and Regulatory Board (LTFRB), which allowed the sale of the franchise of the defunct Pantranco North Express Inc. to rival bus firms.

In throwing out the petition for a temporary restraining order, the appellate court said the petitioners failed to support their claim that they would “suffer grave injustice” if the LTFRB allowed the sale of the Pantranco franchise.

The petition was filed by the Philippine Rabbit Bus Lines Inc., Genesis Transport Service Inc. and Pangasinan Solid North Transit Inc., which asked the court to void the LTFRB’s May 21 resolution that allowed the public auction of the Pantranco franchise to its retrenched employees.

“In the case at bar, there is no showing that the matter is of extreme urgency and that the petitioners will suffer grave injustice or sustain injury beyond possibility of repair or beyond possible compensation in damages,” the court said in its June 28 ruling.

“Wherefore, the petitioners’ application for the issuance of a temporary restraining order and/or writ of preliminary injunction is hereby denied,” it added.

The Pantranco Retrenched Employees Association (Panrea) and the Pantranco Employees Association (PEA) welcomed the appeals court’s ruling, saying it was an affirmation of the previous orders of the National Labor Relations Commission and the Supreme Court, which granted their labor claims against Pantranco.

They stressed that the sale of the Pantranco franchise to the Hernandez family, which owns Victory Liner, Luzon Cisco Transport, Bataan Transit, First North Luzon Bus Co. and Pangasinan Five Star, was intended to settle the back wages, separation pay and other financial obligations of the closed bus company to its former workers.

By dismissing the bus owners’ petition, Panrea and PEA said the court also recognized that the franchises for the 489 bus units, which they sold to the Hernandez family “were still valid and were not expired” as alleged by Transportation Secretary Mar Roxas.

“The CPCs (certificates of public convenience) did not expire (when) the bus firm closed due to bankruptcy in 1993. Thus, the CPCs were also legally and validly levied and auctioned,” the groups said.

“Franchise verification documents will show that these franchises were listed as active by no less than the LTFRB itself,” they added.

In allowing the agreement between the two labor unions and the Hernandez family, Panrea and PEA said the LTFRB “merely enforced the constitutional mandate to give protection to labor, as well as the social justice clause, when it affirmed the application of the labor unions with respect to the sale.”

“The crux of the entire issue is the proper satisfaction of the claims of the members of the unions,” they said.


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Short URL: http://business.inquirer.net/?p=71865

Tags: buses , Business , courts , Genesis Transport Service Inc. and Pangasinan Solid North Transit Inc. , litigation , Pantranco North Express Inc. , Pantranco Retrenched Employees Association (Panrea) and the Pantranco Employees Association (PEA)- , Philippine Rabbit Bus Lines Inc. , public transportation franchises , trials

  • http://profile.yahoo.com/KML22OYTLBN6NK4G6VOUPHLZCI Roslee

    With regards to Pantranco and  GMA7 Raul Reyes must be involved in these fabrications, but I would like to inform him that although he is a relative of our grandfather Atty. Alejandro Sagana Braga his family are not financial involved and my grandfather hates him so much so we just can’t understand his pretensions as if he has some right to inherit or grab it. So please please Raul Reyes beg off such as thick face.

  • http://profile.yahoo.com/KML22OYTLBN6NK4G6VOUPHLZCI Roslee

    I was reading the articls about Pantranco at googles and it mentioned Ammen as the owner but let me recall what my uncle Orlando Braga said about Pantranco.  He said Mr. White an American was the owner and invited our greatgrandfather Don Jacinto to be a business partner. He also said that he was the only owner and he was a good friend of our greatgrandfather Don Jacinto.  So, I believe that Ammen was fabricated.   

  • http://profile.yahoo.com/KML22OYTLBN6NK4G6VOUPHLZCI Roslee

    I believe your lying, if you say that Pantranco has been closed since 1993 due to bankcruptcy. We traveled to  California in 2001 and Pantranco was still actively operating. Your  news is obviously fabricated. Legal discussion, when a corporation files for bankcruptcy there is what you call concurrence and preferences of creditors, And it takes not more than five (5) years to dissolve, liquidate and make distribution. The period is mandatory as provided by law. by five years all its  assets and liabilities have been resolved. Looking at your date today is 2012, eighteen years has passed I for sure believe that this news is totally fabricated.

  • http://twitter.com/Anton0613 anton

    the title says sale of pantranco buses but the story talks about sale of pantranco franchises. these are two different things. can’t believe it inquirer. at saka paano ibebenta ang expired na franchise? pag expired at hindi ni-renew, wala na as in wala na.

    • http://pulse.yahoo.com/_777DKOOEIYQIXIUM2V6HKZAJT4 ***lord richard croft***

      Dapat “CA upholds auction of Pantranco Expired Franchise to rival firms”  wala siguro talaga silang proofreader at editor. tsk tsk tsk.. 

  • http://pulse.yahoo.com/_777DKOOEIYQIXIUM2V6HKZAJT4 ***lord richard croft***

    It seems the CA lacks complete information based on the statement provided by the petitioners during that time. If only the petitioners provided the information that Neal Cruz published in his column last Tuesday, Im sure CA will think twice.
    Pero di ba pinahinto na ng DOTC ang pag grant/transfer ng 489 franchise sa Hernandez before CA Ruling? So it means this should be already moot and academic. Pero hindi bale mayroon pa naman SC na pwede nilang takbuhan (petitioners) para tuluyan ng hindi buhayin ang mga prankisang nailibing na.   

  • http://pulse.yahoo.com/_YAU43R25CAHGNYPHE6HLAM3V6Y Benjamin

    laki kita na naman….



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