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                    [ArticleID] => 306456
                    [Title] => Platinum Plans gets debt relief
                    [Summary] => Platinum Plans Inc. has secured a debt reprieve from a local court after finding merit in the cash-strapped pre-need firm’s petition for rehabilitation.


In an Oct. 14 order, Makati Regional Trial Court Judge Romeo Barza said "on the basis of the allegations in the petition and the rehabilitation plan, "the court finds that Platinum Plans stands a chance of being restored to a successful operation and solvency if given an opportunity to be rehabilitated under a viable rehabilitation plan."


                    [DatePublished] => 2005-11-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
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                    [ArticleID] => 296828
                    [Title] => Creditor-banks oppose court petition of Platinum Plans for debt relief, rehab
                    [Summary] => Creditor-banks of pre-need firm Platinum Plans Inc. have opposed the company’s court petition for suspension of debt payments and rehabilitation.


In the summary hearing conducted yesterday by the Makati Regional Trial Court, creditors led by East West Banking Corp., China Banking Corp. and Bank of Commerce posed their objection to Platinum Plans’ petition for debt relief.


                    [DatePublished] => 2005-09-15 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 291953
                    [Title] => SEC asks court to dismiss Platinum Plans’ corporate rehab petition
                    [Summary] => The Securities and Exchange Commission (SEC) has asked the Makati Regional Trial Court to dismiss the petition filed by Platinum Plans Inc. seeking the suspension of its debt payments, pointing out that the pre-need firm is beyond repair as its assets are no longer sufficient to cover all its debts.


SEC commission secretary Gerard Lukban said the agency is opposing platinum’s petition on the ground that the company is already insolvent.  "It is not merely illiquid but insolvent," he said.


                    [DatePublished] => 2005-08-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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PLATINUM PLANS INC

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                    [ArticleID] => 306456
                    [Title] => Platinum Plans gets debt relief
                    [Summary] => Platinum Plans Inc. has secured a debt reprieve from a local court after finding merit in the cash-strapped pre-need firm’s petition for rehabilitation.


In an Oct. 14 order, Makati Regional Trial Court Judge Romeo Barza said "on the basis of the allegations in the petition and the rehabilitation plan, "the court finds that Platinum Plans stands a chance of being restored to a successful operation and solvency if given an opportunity to be rehabilitated under a viable rehabilitation plan."


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                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 296828
                    [Title] => Creditor-banks oppose court petition of Platinum Plans for debt relief, rehab
                    [Summary] => Creditor-banks of pre-need firm Platinum Plans Inc. have opposed the company’s court petition for suspension of debt payments and rehabilitation.


In the summary hearing conducted yesterday by the Makati Regional Trial Court, creditors led by East West Banking Corp., China Banking Corp. and Bank of Commerce posed their objection to Platinum Plans’ petition for debt relief.


                    [DatePublished] => 2005-09-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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                    [ArticleID] => 291953
                    [Title] => SEC asks court to dismiss Platinum Plans’ corporate rehab petition
                    [Summary] => The Securities and Exchange Commission (SEC) has asked the Makati Regional Trial Court to dismiss the petition filed by Platinum Plans Inc. seeking the suspension of its debt payments, pointing out that the pre-need firm is beyond repair as its assets are no longer sufficient to cover all its debts.


SEC commission secretary Gerard Lukban said the agency is opposing platinum’s petition on the ground that the company is already insolvent.  "It is not merely illiquid but insolvent," he said.


                    [DatePublished] => 2005-08-17 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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abtest

Platinum Plans gets debt relief

By Zinnia B. Dela Peña | November 12, 2005 - 12:00am

Platinum Plans Inc. has secured a debt reprieve from a local court after finding merit in the cash-strapped pre-need firm’s petition for rehabilitation. In an Oct. 14 order, Makati Regional Trial Court Judge...

Business

Creditor-banks oppose court petition of Platinum Plans for debt relief, rehab

By Zinnia B. Dela Peña | September 15, 2005 - 12:00am

Creditor-banks of pre-need firm Platinum Plans Inc. have opposed the company’s court petition for suspension of debt payments and rehabilitation. In the summary hearing conducted yesterday by the Makati Regional...

Business

SEC asks court to dismiss Platinum Plans’ corporate rehab petition

By Zinnia B. Dela Peña | August 17, 2005 - 12:00am

The Securities and Exchange Commission (SEC) has asked the Makati Regional Trial Court to dismiss the petition filed by Platinum Plans Inc. seeking the suspension of its debt payments, pointing out that the pre-need...

Business