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Suit versus Omico officials dismissed

A Manila court has dismissed a complaint for obstruction of justice filed against two top officers of publicly listed mining and real estate development firm Omico Corp. in relation to an aborted property project.

Posted: September 18th, 2014 in Headlines | Read More »

Court clears Sobrepeña in P1B fraud

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Camp John Hay Development Corp. (CJHDevCo) chairman and CEO Robert John L. Sobrepeña. INQUIRER FILE PHOTO

A court in Pasay City dismissed a P1.15-billion estafa charge filed in June by the government against businessman Robert John Sobrepeña for allegedly concealing money that should have been used to pay his debts when he was allowed to defer rent for Camp John Hay here in 2000.

Posted: September 9th, 2014 in Latest Business Stories | Read More »

Firms’ bid to stop purchase of new train cars nixed

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MRT

The Court of Appeals has denied a petition filed by the operator of the Metro Rail Transit Line 3 (MRT-3) seeking to stop the Department of Transportation and Communications (DOTC) from buying new train cars from a Chinese firm.

Posted: August 12th, 2014 in Latest Business Stories | Read More »

The chosen feud

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The court just dismissed the petition of two Singaporean nationals to issue a TRO against the investments of a local company in the publicly listed tuna-canning company called Alliance Select Foods, codenamed “FOOD” in the stock exchange.

Posted: June 2nd, 2014 in Columnists,Inquirer Columns | Read More »

Alliance Select Foods row winds up in court

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The squabble between the Filipino and Singaporean shareholders of Alliance Select Foods International Inc. has would up in court, with the controlling local group accused of mismanagement, self-dealing and siphoning off company funds.

Posted: June 2nd, 2014 in Headlines | Read More »

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