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The 2006 Supreme Court (SC) ruling to garnish some P62 billion in assets of the Power Sector Assets and Liabilities Management Corp. (PSALM) to pay the separation benefits of 5,000 illegally terminated employees of the National Power Corp. (Napocor) was already final and executory and had an entry of judgment before the Third Division decided to reverse it.

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                    [Title] => Napocor, NPB ordered to pay over P300 million to retirees
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A Quezon City court has ordered the National Power Corporation (Napocor) and the National Power Board (NPB) to pay retirees more than P300 million after the latter claimed they were given less than what they were supposed to get during the restructuring of the companies.
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NATIONAL POWER BOARD

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The 2006 Supreme Court (SC) ruling to garnish some P62 billion in assets of the Power Sector Assets and Liabilities Management Corp. (PSALM) to pay the separation benefits of 5,000 illegally terminated employees of the National Power Corp. (Napocor) was already final and executory and had an entry of judgment before the Third Division decided to reverse it.

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A Quezon City court has ordered the National Power Corporation (Napocor) and the National Power Board (NPB) to pay retirees more than P300 million after the latter claimed they were given less than what they were supposed to get during the restructuring of the companies.
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abtest

SC moves to address flip-flopping

By Edu Punay | October 25, 2014 - 12:00am

Chief Justice Ma. Lourdes Sereno has announced a “strategy” to avoid flip-flopping in Supreme Court (SC) decisions.

Headlines

‘SC flip-flopped on P62-B Napocor case ruling’

By Edu Punay | September 11, 2014 - 12:00am

The 2006 Supreme Court (SC) ruling to garnish some P62 billion in assets of the Power Sector Assets and Liabilities Management...

Headlines

Napocor, NPB ordered to pay over P300 million to retirees

By Reinir Padua | August 20, 2010 - 3:25pm

A Quezon City court has ordered the National Power Corporation (Napocor) and the National Power Board (NPB) to pay retirees more than P300 million after the latter claimed they were given less than what they were...