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                    [Title] => CA halts Cebu RTC from liquidating VECO holding firm
                    [Summary] => The Court of Appeals (CA) has stopped the Cebu Regional Trial Court from implementing an earlier order appointing a management committee to take over Hijos de F. Escano Inc.


This was in response to the petition filed by Vivant Corp., a publicly-listed firm majority-owned by the Garcia family, opposing the RTC order dated Jan. 8, 2004.


                    [DatePublished] => 2004-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 235769
                    [Title] => Garcia-owned firm seeks CA action versus Aboitizes
                    [Summary] => Vivant Corp., a publicly-listed firm majority owned by the Garcia family, has asked the Court of Appeals to prevent the Cebu Regional Trial Court from implementing an order appointing a management committee to take over Hijos de F. Escano Inc.


Hijos is a privately-owned holding company whose assets include controlling shareholdings in Visayan Electric Co. Inc. (VECO), where Aboitiz Equity Ventures Inc. (AEV) owns a 30-percent block.


                    [DatePublished] => 2004-01-20 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 234970
                    [Title] => Aboitiz group gets favorable court ruling  on VECO
                    [Summary] => The Cebu Regional Trial Court has ordered the creation of a management committee to take over Hijos de F. Escano Inc., which is 46 percent owned by Aboitiz Equity Ventures Inc. (AEV).


Hijos is a privately-owned holding company whose principal assets include controlling shareholdings in Visayan Electric Co. Inc. (VECO).  AEV owns at least 30 percent of VECO.


The Cebu RTC has also ordered the return of the swapped VECO shares from Vivant Corp., a publicly listed firm whose majority owner is the Garcia family of Cebu.  It likewise ordered the partial liquidation of Hijos.

                    [DatePublished] => 2004-01-13 00:00:00
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
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                    [ArticleID] => 219592
                    [Title] => Aboitiz Equity files P613-M damage suit vs Vivant Corp
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) is seeking P613 million in damages from Vivant Corp. for losses incurred from the implementation of a share-swap transaction, the company said in a disclosure to the Philippine Stock Exchange yesterday.


                    [DatePublished] => 2003-09-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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ESCANO INC

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                    [ArticleID] => 237453
                    [Title] => CA halts Cebu RTC from liquidating VECO holding firm
                    [Summary] => The Court of Appeals (CA) has stopped the Cebu Regional Trial Court from implementing an earlier order appointing a management committee to take over Hijos de F. Escano Inc.


This was in response to the petition filed by Vivant Corp., a publicly-listed firm majority-owned by the Garcia family, opposing the RTC order dated Jan. 8, 2004.


                    [DatePublished] => 2004-02-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 235769
                    [Title] => Garcia-owned firm seeks CA action versus Aboitizes
                    [Summary] => Vivant Corp., a publicly-listed firm majority owned by the Garcia family, has asked the Court of Appeals to prevent the Cebu Regional Trial Court from implementing an order appointing a management committee to take over Hijos de F. Escano Inc.


Hijos is a privately-owned holding company whose assets include controlling shareholdings in Visayan Electric Co. Inc. (VECO), where Aboitiz Equity Ventures Inc. (AEV) owns a 30-percent block.


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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 234970
                    [Title] => Aboitiz group gets favorable court ruling  on VECO
                    [Summary] => The Cebu Regional Trial Court has ordered the creation of a management committee to take over Hijos de F. Escano Inc., which is 46 percent owned by Aboitiz Equity Ventures Inc. (AEV).


Hijos is a privately-owned holding company whose principal assets include controlling shareholdings in Visayan Electric Co. Inc. (VECO).  AEV owns at least 30 percent of VECO.


The Cebu RTC has also ordered the return of the swapped VECO shares from Vivant Corp., a publicly listed firm whose majority owner is the Garcia family of Cebu.  It likewise ordered the partial liquidation of Hijos.

                    [DatePublished] => 2004-01-13 00:00:00
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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 219592
                    [Title] => Aboitiz Equity files P613-M damage suit vs Vivant Corp
                    [Summary] => Aboitiz Equity Ventures Inc. (AEV) is seeking P613 million in damages from Vivant Corp. for losses incurred from the implementation of a share-swap transaction, the company said in a disclosure to the Philippine Stock Exchange yesterday.


                    [DatePublished] => 2003-09-03 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

CA halts Cebu RTC from liquidating VECO holding firm

By Zinnia B. Dela Peña | February 3, 2004 - 12:00am

The Court of Appeals (CA) has stopped the Cebu Regional Trial Court from implementing an earlier order appointing a management committee to take over Hijos de F. Escano Inc. This was in response to the petition...

Business

Garcia-owned firm seeks CA action versus Aboitizes

By Zinnia B. Dela Peña | January 20, 2004 - 12:00am

Vivant Corp., a publicly-listed firm majority owned by the Garcia family, has asked the Court of Appeals to prevent the Cebu Regional Trial Court from implementing an order appointing a management committee to take...

Business

Aboitiz group gets favorable court ruling on VECO

By Zinnia B. Dela Peña | January 13, 2004 - 12:00am

The Cebu Regional Trial Court has ordered the creation of a management committee to take over Hijos de F. Escano Inc., which is 46 percent owned by Aboitiz Equity Ventures Inc. (AEV). Hijos is a privately-owned...

Business

Aboitiz Equity files P613-M damage suit vs Vivant Corp

By Zinnia B. Dela Peña | September 3, 2003 - 12:00am

Aboitiz Equity Ventures Inc. (AEV) is seeking P613 million in damages from Vivant Corp. for losses incurred from the implementation of a share-swap transaction, the company said in a disclosure to the Philippine...

Business