This case has been cited 1 times or more.
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2011-07-05 |
VELASCO JR., J. |
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| Now then, by providing that the number of shares of the original 1989 FWBs shall depend on the number of "man days," HLI violated the afore-quoted rule on stock distribution and effectively deprived the FWBs of equal shares of stock in the corporation, for, in net effect, these 6,296 qualified FWBs, who theoretically had given up their rights to the land that could have been distributed to them, suffered a dilution of their due share entitlement. As has been observed during the oral arguments, HLI has chosen to use the shares earmarked for farmworkers as reward system chips to water down the shares of the original 6,296 FWBs. [141] Particularly: Justice Abad: If the SDOA did not take place, the other thing that would have happened is that there would be CARP? | |||||