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CA nullifies QC judge’s order on estate of late industrialist

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FILE PHOTO

The Court of Appeals has nullified an order of a Quezon City judge in September 2013 to include companies and real properties in the disputed estate of the late industrialist Jose Marcelo Sr.

Posted: July 14th, 2014 in Latest Business Stories | Read More »

CA denies PAL attendants’ bid to get over P100M salary hike grant

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FILE PHOTO

The Court of Appeals has denied the bid of Philippine Airlines (PAL) flight attendants to get more than the P100 million in unpaid salary increases, which the appellate court granted them in 2013.

Posted: June 10th, 2014 in Latest Business Stories | Read More »

UCPB told to drop case vs gov’t and fire law firm tied to director

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Enormous liquidity of banks has given them capability to maintain over the medium term the robust pace of lending growth seen recently, according to Fitch Ratings.

The state-controlled United Coconut Planters Bank should drop its case against the government and recall its engagement of the law firm of its government-appointed director to pursue the suit.

Posted: May 29th, 2014 in Latest Business Stories | Read More »

‘Issue of telcos refund won’t die’

Bayan Muna Rep. Neri Javier Colmenares: We will not allow the case to sleep. INQUIRER.net FILE PHOTO

Party-list group Bayan Muna will ask the higher courts to order mobile phone providers to speed up their reimbursement of P7 billion in excess charges slapped on millions of subscribers.

Posted: May 12th, 2014 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 »

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