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[Title] => Makati court approves CAP rehabilitation plan
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The Makati City Regional Trial Court (RTC) has granted College Assurance Plans 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
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[Title] => Makati court approves CAP rehabilitation plan
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The Makati City Regional Trial Court (RTC) has granted College Assurance Plans 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
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abtest
By Michael Punongbayan | November 15, 2006 - 12:00am
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