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                    [Title] => Uniwide bats for partial implementation of amended rehab plan
                    [Summary] => The Uniwide Group is pushing for the partial implementation of an amended rehabilitation plan that entails  the execution of three separate dacion en pago or payment in kind arrangements despite opposition from several of its creditors.


In a motion filed with the Securities and Exchange Commission by the Santiago & Santiago law firm, Uniwide said the dacion en pago transactions with United Coconut Planters Bank, International Exchange Bank and Metropolitan Bank and Trust Co. "may be validly implemented without violating the prohibition on preference of payments." 

                    [DatePublished] => 2001-04-16 00:00:00
                    [ColumnID] => 133272
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INTERNATIONAL EXCHANGE BANK AND METROPOLITAN BANK AND TRUST CO

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                    [ArticleID] => 95790
                    [Title] => Uniwide bats for partial implementation of amended rehab plan
                    [Summary] => The Uniwide Group is pushing for the partial implementation of an amended rehabilitation plan that entails  the execution of three separate dacion en pago or payment in kind arrangements despite opposition from several of its creditors.


In a motion filed with the Securities and Exchange Commission by the Santiago & Santiago law firm, Uniwide said the dacion en pago transactions with United Coconut Planters Bank, International Exchange Bank and Metropolitan Bank and Trust Co. "may be validly implemented without violating the prohibition on preference of payments." 

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abtest

Uniwide bats for partial implementation of amended rehab plan

April 16, 2001 - 12:00am

The Uniwide Group is pushing for the partial implementation of an amended rehabilitation plan that entails the execution of three separate dacion en pago or payment in kind arrangements despite opposition from several...

Business