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CA stops P408-M award to firm’s workers

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FILE PHOTO

The Court of Appeals on Friday temporarily stopped the awarding of more than P400 million to 130 geothermal power firm employees who, a voluntary arbitrator ruled, were illegally dismissed after their employer transferred them to another company in 2012.

Posted: January 26th, 2014 in Latest Business Stories | Read More »

Appeals court junks Mondragon bid to operate Clark casino

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FILE PHOTO

The Court of Appeals has dismissed the bid of the Mondragon and Resorts Corporation (MLRC) to acquire the authority to operate the Mimosa Regency Casino inside the Clark Special Economic Zone.

Posted: December 11th, 2013 in Latest Business Stories | Read More »

CA ruling on Nadecor leadership paves way for $2B gold mine project

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Former Ambassador Roberto Romulo. CONTRIBUTED PHOTO/www.nadecor.com.ph

A $2 billion copper and gold project can now push through following the Court of Appeals’ ruling affirming the leadership composition of the Nationwide Development Corporation (Nadecor).

Posted: November 6th, 2013 in Latest Business Stories | Read More »

CA dismisses Shell’s libel complaint vs Customs collector over firm’s taxes

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SHELL BULLISH  Royal Dutch Shell, through its upstream unit Shell Philippines Exploration BV, is poised to invest another $1 billion to increase the production of the Malampaya deepwater gas-to-power project off Palawan. Shell Philippines vice president for communication Roberto S. Kanapi said there are opportunities for investment and expansion, unlike in the past when the Philippines was placed on low priority.

The Court of Appeals has dismissed the petition filed by the Pilipinas Shell Petroleum Corp. that sought to prosecute for libel a Bureau of Customs port collector who said the oil firm owed the government P7.34 billion in back taxes.

Posted: October 20th, 2013 in Latest Business Stories | Read More »

Court of Appeals affirms ruling favoring PLDT’s preferred-to-common shares deal

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PLDT-logo

The Court of Appeals has upheld a Makati City regional trial court’s decision declaring as a nuisance or harassment suit the petition filed by former Securities and Exchange Commission (SEC) chair Perfecto Yasay Jr., questioning the move of the Philippine Long Distance Telephone Co., (PLDT) to redeem the preferred shares of its stockholders and then converting them to common shares.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

Gov’t appeals court order on Naia 3 payment

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Ninoy Aquino International Airport Terminal 3. PHOTO BY RICK ALBERTO / INQUIRER.net

The Aquino administration has decided to appeal a decision by the Court of Appeals last July ordering the government to pay the builder of the Ninoy Aquino International Airport (Naia) Terminal 3 more than double the amount previously required.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

Gov’t mulling options on CA Piatco order

FILE PHOTO

The Aquino administration is reviewing its “full range of options,” which may include an appeal, after it was ordered by the Court of Appeals to pay the builder of the Ninoy Aquino International Airport (Naia) Terminal 3 more than P16 billion—more than double the amount previously required.

Posted: August 12th, 2013 in Latest Business Stories | Read More »

Pay Piatco now, Aquino urged

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Sen. Antonio Trillanes IV INQUIRER FILE PHOTO

An ally of President Benigno Aquino III has called on the administration to immediately comply with the Court of Appeals ruling ordering the government to pay the builder of Ninoy Aquino Intenational Airport Terminal 3 (Naia 3) P16.2 billion ($371,426,668) as “just compensation” for the expropriation of the airport terminal.

Posted: August 10th, 2013 in Latest Business Stories | Read More »

Consumers seek writ of kalikasan against MWSS

Metropolitan Waterworks and Sewerage System (MWSS). Photo from http://www.mwss.gov.ph

A coalition of consumer groups in Metro Manila and nearby provinces has asked the Court of Appeals to issue a “writ of kalikasan” to stop the Metropolitan Waterworks and Sewerage System (MWSS) and its two concessionaires from using a combined sewerage drainage system.

Posted: July 21st, 2013 in Latest Business Stories,Photos & Videos | Read More »

CA maintains decision stopping coal-fired power plant project in Subic

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court of appeals logo

The Court of Appeals maintained its earlier decision dismissing the writ of kalikasan against the planned 600-megawatt coal-fired power plant of Redondo Peninsula Energy Inc. (RP Energy) allowing the power firm to finally pursue its $1.28 billion project.

Posted: May 28th, 2013 in Latest Business Stories | Read More »

Court of Appeals stops field trials of genetically modified eggplant

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GENETICALLY MODIFIED  Activists in hazmat (hazardous material) suits from the environmentalist group Greenpeace uproot genetically engineered Bt eggplant, locally known as ‘‘talong,” from a field trial site in Bay Laguna province, in this 2011 photo. ARNOLD ALMACEN

Greenpeace Southeast Asia (Philippines) on Friday welcomed a ruling issued by the Court of Appeals (CA) to permanently put a stop to the field trials of genetically modified eggplant, which the environmentalist group believes is harmful to humans and the environment.

Posted: May 25th, 2013 in Featured Gallery,Latest Business Stories,Photos & Videos,Science and Health | Read More »

MBC, FPI buck halt to oil smuggling case vs Phoenix

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The Makati Business Club (MBC) and the Federation of Philippine Industries have (FPI) joined the Department of Finance (DOF) in lamenting a court order that halts a case against Phoenix Petroleum Philippines Inc. and the people who helped in an alleged smuggling of oil.

Posted: May 24th, 2013 in Headlines | Read More »

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