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                    [ArticleID] => 368883
                    [Title] => Makati court approves CAP rehabilitation plan
                    [Summary] => 



The Makati City Regional Trial Court (RTC) has granted College Assurance Plan’s petition for  rehabilitation.


RTC Branch 149 Judge Cesar Untalan said in a decision dated Nov. 8, 2006, that the court is giving CAP a chance to re-establish itself rather than dissolve the company.


"It is really very difficult to develop and construct but it is very easy to destroy," the ruling said referring to how the pre-need firm suffered financial losses.


                    [DatePublished] => 2006-11-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097363
                    [AuthorName] =>  Michael Punongbayan
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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abtest

Makati court approves CAP rehabilitation plan

By Michael Punongbayan | November 15, 2006 - 12:00am

The Makati City Regional Trial Court (RTC) has granted College Assurance Plan’s petition for rehabilitation. RTC Branch 149 Judge Cesar Untalan said in a decision dated Nov. 8, 2006, that the court...

Business