This case has been cited 1 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] | |||||