This case has been cited 2 times or more.
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2007-03-28 |
CHICO-NAZARIO, J. |
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| Respondent M.Y. San in good faith complied with the requirements for closure; sold and conveyed all its assets to respondent Monde for valuable consideration; and there were no previous labor problems. It has been ruled that an employer may adopt policies or changes or adjustments in the operations to insure profit to itself or protect the investments of its stockholders, and in the exercise of such management prerogative, the employer may merge or consolidate its business with another, or sell or dispose all or substantially all of its assets and properties which may bring about the dismissal or termination of its employees in the process.[34] | |||||
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2005-05-09 |
QUISUMBING, J. |
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| Long settled is the rule that this Court will not uphold erroneous conclusions unsupported by substantial evidence.[16] Factual findings of administrative agencies are not infallible, and we will set these aside when they fail the test of arbitrariness.[17] | |||||