FE MACALINO

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                    [ArticleID] => 146100
                    [Title] => Union Bank to get P52.8-M extraordinary income due to SC ruling
                    [Summary] => The Aboitiz-controlled Union Bank of the Philippines will book some P52.8 million in extraordinary income this year as a result of the favorable Supreme Court ruling granting the bank the right to collect the amount from the Development Bank of the Philippines.


UBP first vice president and general counsel Fe Macalino informed the Philippine Stock Exchange that the SC upheld a 1984 decision by the Makati Regional Trial Court (RTC) but was appealed by the DBP to the Court of Appeals and then to the SC.


                    [DatePublished] => 2002-01-06 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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abtest

Union Bank to get P52.8-M extraordinary income due to SC ruling

January 6, 2002 - 12:00am

The Aboitiz-controlled Union Bank of the Philippines will book some P52.8 million in extraordinary income this year as a result of the favorable Supreme Court ruling granting the bank the right to collect the amount...

Business