This case has been cited 3 times or more.
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2015-11-23 |
LEONEN, J. |
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| Pantranco was formerly a government-owned and controlled corporation without original charter.[4] Sometime in 1972, Pantranco suffered financial losses.[5] One of Pantranco's creditors was Philippine National Bank. Pantranco's assets was foreclosed by Philippine National Bank, and in 1978, the ownership of Pantranco was transferred to the National Investment Development Corporation, a subsidiary of the Philippine National Bank.[6] | |||||
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2015-11-23 |
LEONEN, J. |
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| After the 1986 People Power Revolution, Pantranco was sequestered by the Presidential Commission on Good Government.[9] Pantranco was allegedly part of Ferdinand Marcos' ill-gotten wealth and was acquired by using Gregorio Araneta III and the Potencianos as dummies.[10] | |||||
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2012-02-15 |
VILLARAMA, JR., J. |
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| But even assuming that the levied properties were included in those transferred to the National Government, this Court's pronouncement in the related case of Republic v. National Labor Relations Commission[29] as to the claim of ownership of APT (PMO) over the PNEI properties entrusted to it pursuant to Presidential Proclamation No. 50, is enlightening. The Court said, | |||||