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                    [Title] => SC orders Piatco to answer government appeal on compensation ruling
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The Supreme Court (SC) yesterday ordered the Philippine International Air Terminals Co. Inc. (Piatco) to answer the government’s motion to reconsider its order for payment of just compensation amounting to over $510 million for the expropriation of Ninoy Aquino International Airport Terminal 3.

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                    [Title] => Government seeks lower compensation for Piatco
                    [Summary] => 
Solicitor General Florin Hilbay has asked the Supreme Court (SC) to reconsider its decision ordering the government to pay the Philippine International Air Terminals Co. Inc. (Piatco) at least $510 million for the Ninoy Aquino International Airport Terminal 3 (NAIA-3) and instead lower the amount to about $104 million.

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                    [Title] => CA affirms ruling favoring Piatco
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The Court of Appeals (CA) has affirmed its ruling last year requiring the government to release from escrow $371.43 million in just compensation to Philippine International Air Terminals Co. Inc. (Piatco) before taking full control of the Ninoy Aquino International Airport Terminal 3 (NAIA-3).

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                    [Title] => SC affirms CA ruling vs Piatco
                    [Summary] => 
The Supreme Court (SC) has upheld a ruling of the Court of Appeals (CA), ordering Philippine International Air Terminals Co. Inc. (Piatco) to pay Japanese builders Takenaka Corp. and Asahikosan Corp. its contractual obligations for the construction of the Ninoy Aquino International Airport (NAIA) Terminal 3.
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                    [Title] => CA upholds earlier ruling on Piatco's obligations
                    [Summary] => 
Philippine International Air Terminals Co. Inc. (Piatco) must pay Japanese builders Takenaka Corp. and Asahikosan Corp. its contractual obligations for the building of the mothballed Ninoy Aquino International Airport Terminal 3, the Court of Appeals (CA) has ruled.
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                    [ArticleID] => 788648
                    [Title] => CA upholds lower court on Piatco
                    [Summary] => 
Philippine International Air Terminals Co. (Piatco) must pay Japanese firms Takenaka Corp. and Asahikosan Corp. for building the Ninoy Aquino International Airport Terminal 3 (NAIA-3), the Court of Appeals (CA) has ruled.
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                    [Title] => CA denies Piatco motion to dismiss complaints of Japanese firms
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                    [Title] => OSG asks SC to reverse order on P3-B payment to Piatco
                    [Summary] => The government asked the Supreme Court yesterday to reverse its Dec. 20, 2005 ruling ordering the Philippine government to pay P3 billion to the Philippine International Air Terminals Co. (Piatco), which built the Ninoy Aquino International Airport Terminal 3 (NAIA-3), before it can take over the facility.


In a 42-page motion for reconsideration, the government said the high court’s decision will further delay, if not virtually foreclose NAIA-3.


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TAKENAKA AND ASAHIKOSAN

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                    [Title] => CA affirms ruling favoring Piatco
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The Court of Appeals (CA) has affirmed its ruling last year requiring the government to release from escrow $371.43 million in just compensation to Philippine International Air Terminals Co. Inc. (Piatco) before taking full control of the Ninoy Aquino International Airport Terminal 3 (NAIA-3).

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Philippine International Air Terminals Co. Inc. (Piatco) must pay Japanese builders Takenaka Corp. and Asahikosan Corp. its contractual obligations for the building of the mothballed Ninoy Aquino International Airport Terminal 3, the Court of Appeals (CA) has ruled.
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                    [Title] => CA upholds lower court on Piatco
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Philippine International Air Terminals Co. (Piatco) must pay Japanese firms Takenaka Corp. and Asahikosan Corp. for building the Ninoy Aquino International Airport Terminal 3 (NAIA-3), the Court of Appeals (CA) has ruled.
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In a 42-page motion for reconsideration, the government said the high court’s decision will further delay, if not virtually foreclose NAIA-3.


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abtest

SC orders Piatco to answer government appeal on compensation ruling

By Edu Punay | October 6, 2015 - 10:00am

The Supreme Court (SC) yesterday ordered the Philippine International Air Terminals Co. Inc. (Piatco) to answer the government’s motion to reconsider its order for payment of just compensation amounting to...

Headlines

Government seeks lower compensation for Piatco

By Edu Punay | September 29, 2015 - 10:00am

Solicitor General Florin Hilbay has asked the Supreme Court (SC) to reconsider its decision ordering the government to pay the Philippine International Air Terminals Co. Inc. (Piatco) at least $510 million for the...

Headlines

CA affirms ruling favoring Piatco

By Edu Punay | February 16, 2015 - 12:00am

The Court of Appeals (CA) has affirmed its ruling last year requiring the government to release from escrow $371.43...

Headlines

SC affirms CA ruling vs Piatco

By Edu Punay | July 14, 2012 - 12:00am

The Supreme Court (SC) has upheld a ruling of the Court of Appeals (CA), ordering Philippine International Air Terminals Co. Inc. (Piatco) to pay Japanese builders Takenaka Corp. and Asahikosan Corp. its contractual...

Headlines

CA upholds earlier ruling on Piatco's obligations

By Edu Punay | June 22, 2012 - 12:00am

Philippine International Air Terminals Co. Inc. (Piatco) must pay Japanese builders Takenaka Corp. and Asahikosan Corp. its contractual obligations for the building of the mothballed Ninoy Aquino International Airport...

Headlines

CA upholds lower court on Piatco

By Edu Punay | March 20, 2012 - 12:00am

Philippine International Air Terminals Co. (Piatco) must pay Japanese firms Takenaka Corp. and Asahikosan Corp. for building the Ninoy Aquino International Airport Terminal 3 (NAIA-3), the Court of Appeals (CA) has...

Headlines

CA denies Piatco motion to dismiss complaints of Japanese firms

By Mike Frialde | August 3, 2007 - 12:00am

Headlines

OSG asks SC to reverse order on P3-B payment to Piatco

By Jose Rodel Clapano | January 6, 2006 - 12:00am

The government asked the Supreme Court yesterday to reverse its Dec. 20, 2005 ruling ordering the Philippine government to pay P3 billion to the Philippine International Air Terminals Co. (Piatco), which built the...

Headlines