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[Title] => CIPI creditors work on liquidation plan
[Summary] => Creditors of Corporate Investments Philippines Inc. (CIPI) are working on a liquidation plan for the debt-strapped investment house to facilitate the orderly distribution of its assets.
An official of the Securities and Exchange Commission said the newly-appointed liquidator for CIPI is now conducting several meetings with some major creditors of the investment house to facilitate the preparation of the mandatory liquidation plan to be submitted to the Pasig Regional Trial Court.
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[Title] => Former officers of CIPI not yet off the hook
[Summary] => Former officers of Corporate Investments Philippines Inc. (CIPI) are not yet off the hook. The Securities and Exchange Commission is set to reopen its investigation into the cash-strapped investment house for possible violations of the securities law.
Jose P. Aquino, head of the SECs Markets Regulation Department, said while CIPIs petition for suspension of debt payments case is under the jurisdiction of the regular courts, the SEC can still investigate the firm for possible violations of securities regulations.
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COCA-COLA RETIREMENT FUND
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[Title] => CIPI creditors work on liquidation plan
[Summary] => Creditors of Corporate Investments Philippines Inc. (CIPI) are working on a liquidation plan for the debt-strapped investment house to facilitate the orderly distribution of its assets.
An official of the Securities and Exchange Commission said the newly-appointed liquidator for CIPI is now conducting several meetings with some major creditors of the investment house to facilitate the preparation of the mandatory liquidation plan to be submitted to the Pasig Regional Trial Court.
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[Title] => Former officers of CIPI not yet off the hook
[Summary] => Former officers of Corporate Investments Philippines Inc. (CIPI) are not yet off the hook. The Securities and Exchange Commission is set to reopen its investigation into the cash-strapped investment house for possible violations of the securities law.
Jose P. Aquino, head of the SECs Markets Regulation Department, said while CIPIs petition for suspension of debt payments case is under the jurisdiction of the regular courts, the SEC can still investigate the firm for possible violations of securities regulations.
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abtest
June 18, 2003 - 12:00am
November 4, 2002 - 12:00am
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