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Thursday, June 19, 2008

 

Legislators say High Court
intervention timely

Court of Appeals stops lower court from allowing creditors of Steel Corporation takeover management

THE move of the higher court to stop the creation of a management committee to run the country’s largest manufacturer of flat-coated steel of a lower court came just in a nick of time, senior lawmakers in the House of Representatives said on Wednesday.

This after Court of Appeals (CA) made a ruling to stop the lower court from allowing creditors of Steel Corporation of the Philippines (SCP) to takeover its management.

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O T H E R   R E P O R T S

 

CLARK FREEPORT, Pampanga: A Korean consortium, one of the two qualified bidders in the privatization of 215-hectare prime Mimosa Leisure Estate has filed a second motion for reconsideration before the Board of Directors of the Clark Development Corp. (CDC).

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LEGASPI CITY: Despite efforts to remain in his Bicol assignment as regional director until his date of retirement, Orlando Roces was instead reassigned to Region 6 by Public Works Secretary Hermogenes Ebdane.

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WITH the Taiwan-based Mandarin Airlines launching direct flights from Taipei to Kalibo Aklan, the Department of Tourism (DOT) is expecting more Taiwanese travelers to visit Boracay, the country’s premier tourist destination.

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LAGAWE, Ifugao: It was most likely that the senator and the governor, two promising politicians, shared notes about something they had in common—just when was the best time for getting married?

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BUGIAS, Benguet: “We have to teach our fellow Cordillerans to eat more vegetables than dog meat,” said Mel Alipio, country representative of the Network for Animals Philippines (NAP), at their first seminar on kimchi production over the weekend.

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Severino O. Frayna Jr., Benjie Dela Rosa
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