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                    [Title] => Davao court stops BF sale of Apo View Hotel
                    [Summary] => DAVAO CITY — A Regional Trial Court (RTC) judge here has stopped Banco Filipino (BF) from selling Apo View Hotel in a public auction after the hotel reportedly failed to pay its obligations which, as of last month, amoun—ted to P335 million.


Banco Filipino has announced the hotel’s foreclosure and its plan to put it on the auction block on Sept. 27. 


In a six-page decision, RTC Branch 33 Judge Wenceslao Ibabao, however, said the foreclosure proceedings were "untimely."  


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PAMINTUAN ENTERPRISES

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                    [ArticleID] => 132130
                    [Title] => Davao court stops BF sale of Apo View Hotel
                    [Summary] => DAVAO CITY — A Regional Trial Court (RTC) judge here has stopped Banco Filipino (BF) from selling Apo View Hotel in a public auction after the hotel reportedly failed to pay its obligations which, as of last month, amoun—ted to P335 million.


Banco Filipino has announced the hotel’s foreclosure and its plan to put it on the auction block on Sept. 27. 


In a six-page decision, RTC Branch 33 Judge Wenceslao Ibabao, however, said the foreclosure proceedings were "untimely."  


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abtest

Davao court stops BF sale of Apo View Hotel

September 1, 2001 - 12:00am

DAVAO CITY — A Regional Trial Court (RTC) judge here has stopped Banco Filipino (BF) from selling Apo View Hotel in a public auction after the hotel reportedly failed to pay its obligations which, as of last...

Nation