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                    [ArticleID] => 206204
                    [Title] => Dissenting opinions on Amari case lauded
                    [Summary] => Italian-Thai Development Co. Ltd (Ital-Thai) lawyer Francis Lim said yesterday that the recent Sup-reme Court decision that scrapped the land deal between Ital-Thai partner, Cyber Bay (formerly Amari) and the Philippine Estates Authority "lays a bad precedent for foreign investors."


Expressing fears that the Philip-pines may lose out to other coun-tries fiercely competing for foreign investments, Lim, however, said that the dissenting opinions of the five other justices appear to be "a ray of hope to thousands of Cyber Bay investors, big or small."


                    [DatePublished] => 2003-05-15 00:00:00
                    [ColumnID] => 133272
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JUSTICE ANTON

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                    [ArticleID] => 206204
                    [Title] => Dissenting opinions on Amari case lauded
                    [Summary] => Italian-Thai Development Co. Ltd (Ital-Thai) lawyer Francis Lim said yesterday that the recent Sup-reme Court decision that scrapped the land deal between Ital-Thai partner, Cyber Bay (formerly Amari) and the Philippine Estates Authority "lays a bad precedent for foreign investors."


Expressing fears that the Philip-pines may lose out to other coun-tries fiercely competing for foreign investments, Lim, however, said that the dissenting opinions of the five other justices appear to be "a ray of hope to thousands of Cyber Bay investors, big or small."


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abtest

Dissenting opinions on Amari case lauded

May 15, 2003 - 12:00am

Italian-Thai Development Co. Ltd (Ital-Thai) lawyer Francis Lim said yesterday that the recent Sup-reme Court decision that scrapped the land deal between Ital-Thai partner, Cyber Bay (formerly Amari) and the Philippine...

Business