Court freezes Phoenix cash over unpaid debt
A Batangas court ruled in favor of Lucio Tan-led Absolut Distillers Inc. in its bid to collect P157 million from Phoenix Petroleum Philippines, owned by Davao-based businessman Dennis Uy, to settle the latter’s obligation. Judge Wilhelmina Go-Santiago, presiding judge of Branch 14 of the Regional Trial Court of Nasugbu, Batangas, issued on Thursday the writ … Continue reading Court freezes Phoenix cash over unpaid debt
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