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                    [ArticleID] => 221312
                    [Title] => Court names new receiver for Primetown Property
                    [Summary] => The Makati Regional Trial Court has appointed a new rehabilitation receiver for the cash-strapped condominium developer Primetown Property Group Inc., the company told the Philippine Stock Exchange yesterday.


Lawyer Jose Absalom L. Jocom Jr. will replace Ariel Salvador Magno who earlier declined the appointment as Primetown’s receiver.


Primetown has secured a reprieve from the Makati RTC on the payment of its debts to creditors, preventing the company from  paying its outstanding liabilities as of July 2, 2003.


                    [DatePublished] => 2003-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 218077
                    [Title] => Primetown Property gets debt relief; rehab plan readied
                    [Summary] => Primetown Property Group Inc. has secured a debt reprieve from the Makati Regional Trial Court, the publicly-listed real estate developer said in a disclosure to securities regulators.


The order thus provides Primetown relief from the  payment of its outstanding liabilities  as of July 2, 2003, the date of filing of the petition for rehabilitation.


The court order, however, does not cover payments and transactions done in the normal course of business such as settlement of administrative expenses including salaries and payments for goods and supplies.


                    [DatePublished] => 2003-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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ARIEL SALVADOR MAGNO

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                    [ArticleID] => 221312
                    [Title] => Court names new receiver for Primetown Property
                    [Summary] => The Makati Regional Trial Court has appointed a new rehabilitation receiver for the cash-strapped condominium developer Primetown Property Group Inc., the company told the Philippine Stock Exchange yesterday.


Lawyer Jose Absalom L. Jocom Jr. will replace Ariel Salvador Magno who earlier declined the appointment as Primetown’s receiver.


Primetown has secured a reprieve from the Makati RTC on the payment of its debts to creditors, preventing the company from  paying its outstanding liabilities as of July 2, 2003.


                    [DatePublished] => 2003-09-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 218077
                    [Title] => Primetown Property gets debt relief; rehab plan readied
                    [Summary] => Primetown Property Group Inc. has secured a debt reprieve from the Makati Regional Trial Court, the publicly-listed real estate developer said in a disclosure to securities regulators.


The order thus provides Primetown relief from the  payment of its outstanding liabilities  as of July 2, 2003, the date of filing of the petition for rehabilitation.


The court order, however, does not cover payments and transactions done in the normal course of business such as settlement of administrative expenses including salaries and payments for goods and supplies.


                    [DatePublished] => 2003-08-22 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Court names new receiver for Primetown Property

By Zinnia B. Dela Peña | September 20, 2003 - 12:00am

The Makati Regional Trial Court has appointed a new rehabilitation receiver for the cash-strapped condominium developer Primetown Property Group Inc., the company told the Philippine Stock Exchange yesterday. Lawyer...

Business

Primetown Property gets debt relief; rehab plan readied

By Zinnia B. Dela Peña | August 22, 2003 - 12:00am

Primetown Property Group Inc. has secured a debt reprieve from the Makati Regional Trial Court, the publicly-listed real estate developer said in a disclosure to securities regulators. The order thus provides Primetown...

Business