This case has been cited 1 times or more.
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2009-12-04 |
CARPIO, J. |
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| SEN. OSMEÑA. All right. So now, what you are saying is that you gonna pay Marubeni 6 billion and change and the national government is only recognizing 5 billion. I don't think that's protecting the interest of the national government at all.[86] In giving priority and preference to Radstock, the Compromise Agreement is certainly in fraud of PNCC's other creditors, including the National Government, and violates the provisions of the Civil Code on concurrence and preference of credits. | |||||