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Chemphil sale of LMG stake gets court green light

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The Makati Regional Trial Court has cleared the legal hurdle to Chemical Industries of the Philippines Inc.’s (CIP) sale of a 66 percent stake in subsidiary LMG Chemicals Corp. by quashing the petition of a dissenting shareholder bloc.

Posted: March 25th, 2014 in Latest Business Stories | Read More »

Court grants Bloomberry petition

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Gaming firm Bloomberry Resorts Corp. has obtained a court order to protect the shares of the company that Las Vegas-based Global Gaming Philippines LLC (GGAM) had wanted to unload, pending the results of an arbitration case on their management contract dispute.

Posted: February 27th, 2014 in Headlines | Read More »

Hypnotically refreshed testimony

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One of the finer points in the law on evidence is whether a defendant in a criminal case can present hypnotically refreshed testimony as part of his defense.

Posted: February 13th, 2014 in Columnists,Inquirer Columns | Read More »

State lawyers oppose Ongpin foreign trips

Businessman Roberto Ongpin  INQUIRER FILE PHOTO

State prosecutors from the Office of the Ombudsman have asked the Sandiganbayan to deny for lack of merit the amended travel request of businessman Roberto Ongpin for a 14-nation swing around the world.

Posted: February 7th, 2014 in Latest Business Stories | Read More »

Gov’t to contest MRT 3 restraining order

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INQUIRER FILE PHOTO

The Department of Transportation and Communications (DOTC) said it would defend a recent decision to procure more trains for the congested Metro Rail Transit Line 3 (MRT 3) from a Chinese company after a Makati City regional trial court ordered a Temporary Order of Protection, the agency on Wednesday said in a statement.

Posted: February 6th, 2014 in Latest Business Stories | Read More »

Bacolod court denies SM plea

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The Bacolod Regional Trial Court has denied the petition of SM Prime Holdings Inc. (SMPHI) to declare it the winning bidder of the 7.7-hectare prime property of the Negros Occidental provincial government in Bacolod City, Gov. Alfredo Marañon Jr., said Monday.

Posted: February 4th, 2014 in Headlines | Read More »

Firm asks court to compel DOH to award project

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INQUIRER FILE PHOTO

The winning bidder in the project to design and build the government-run Dr. Jose Fabella Memorial Hospital at its new site in Sta. Cruz, Manila, is asking the Makati Regional Trial Court to compel the Department of Health (DOH) to implement the contract it had been sitting on for more than a month.

Posted: January 27th, 2014 in Latest Business Stories | Read More »

Lawyers: A threat to rice self-sufficiency

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Lawyers are precious assets needed to achieve our country’s goals.

Posted: January 15th, 2014 in Columnists,Inquirer Columns | Read More »

Double or knotting

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As it turns out, none other than the Court of Appeals, the CA itself, now stands in the way of this troubled financial company from getting back its own money amounting to some P270 million.

Posted: October 10th, 2013 in Columnists,Inquirer Columns | Read More »

Philip Morris says to fight Thai tax evasion charges

A pedestrian walks past a large anti-smoking poster on World No Tobacco Day at Dusit zoo in Bangkok in this 2010 file photo. Philip Morris vowed Thursday, Oct. 3, 2013, to "vigorously defend itself" against Thai tax evasion charges— the latest dispute between the kingdom and the tobacco giant, which recently clashed over warnings on packets.  AFP PHOTO/PORNCHAI KITTIWONGSAKUL

Philip Morris vowed Thursday to “vigorously defend itself” against Thai tax evasion charges— the latest dispute between the kingdom and the tobacco giant, which recently clashed over warnings on packets.

Posted: October 4th, 2013 in Latest Business Stories | Read More »

Court orders bank to return P233M in loan payments

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standard chartered

A Makati court has ordered an international commercial bank to return P233.6 million in loan payments made by a Philippine investment firm after it found that the payments had been covered by a global settlement by their parent companies.

Posted: September 18th, 2013 in Latest Business Stories | Read More »

Tobacco giant welcomes Thai court cigarette warning order

Tobacco giant Philip Morris on Monday, Aug. 26, 2013, praised a Thai court decision to suspend government plans that would have forced cigarette companies to slap bigger graphic warnings on packets.

Tobacco giant Philip Morris on Monday praised a Thai court decision to suspend government plans that would have forced cigarette companies to slap bigger graphic warnings on packets.

Posted: August 27th, 2013 in Latest Business Stories | Read More »

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