ABS-CBN legal counsel Atty.
Cynthia Del Castillo speaks during the resumption of the House of Representatives' Committee on Legislative Franchises and Good Government hearing on ABS-CBN's franchise renewal on Thursday as ABS-CBN chairman Mark Lopez looks on. The hearing tackled issues surrounding ABS-CBN Holdings' issued Philippine Deposit Receipts , which, some congressmen alleged, violated Constitutional restrictions on foreign ownership in mass media.
Hinde nga umobra kina cong. Marcoleta, varzaga,remulla,defensor. Hay naku game over na.
DEL CASTILLO, Cynthia--Ateneo de Manila University School of Law. so what choconut? sama mo si Lopez at lahat ng bar topnotchers ninyo. aber?
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ABS-CBN, GMA acted in good faith in issuing PDRs – SECABS-CBN President and CEO Carlo Katigbak says the company is willing to comply with any new government order concerning Philippine Depositary Receipts or PDRs. So does it jive that persuasions of 'good faith' are invoked in the context of financial and investment instruments, we're self-preservation and self-interest and profits are the objective Former Sec. Abad said Disbursement Acceleration Program (DAP) was implemented also in 'good faith'. It was later declared ILLEGAL by the Supreme Court. Matapos mabuko sila ng SEC ay yan ang scapegoat nila! Very obvious yung kapalpakan ng SEC at PSE dyan sa PDRs na yan dahil sa akala nila forever na mapapaikot nila ang batas at mga tao! Kung may iba pang dapat i-persecute dyan eh ang SEC na ngayon panay ang hanap ng palusot!
Source: CNN Philippines - 🏆 13. / 63 Read more »
ABS-CBN to comply if PDRs disallowed ‘equally across media industry’Media giant ABS-CBN is ready to do away with their Philippine Depositary Receipts (PDRs), if the court, Congress or the Securities and Exchange Commission would order its disqualification “equally across (the) media industry.” | NAMercadoINQ NAMercadoINQ Time to speak up GMA7. Di puro playing safe. NAMercadoINQ OK lang pero nagviolate na muna. Klaro yan. NAMercadoINQ Instead of trying to help the industry to maximize opportunities and outlets for the legal profitability of these institutions govt would consider disqualification of such instruments like PDR's? For what? To justify their bullying actions to ABSCBN?
Source: inquirerdotnet - 🏆 3. / 86 Read more »
ABS-CBN to House: PDR holders 'passive investors,' not shareholders
Source: ANCALERTS - 🏆 26. / 50 Read more »
'Hindi kami makatulog': ABS-CBN workers union pleads with House to expedite franchise hearings💙💚❤🙏🏻🙏🏻🙏🏻🙏🏻💕💕💕💕 Do not still hope for the approval! It is gone, gone, gone! Just move on and look for another job!
Source: ANCALERTS - 🏆 26. / 50 Read more »
ABS-CBN to House: PDR holders 'passive investors,' not shareholders
Source: ANCALERTS - 🏆 26. / 50 Read more »
ABS-CBN to comply if PDRs disallowed ‘equally across media industry’Media giant ABS-CBN is ready to do away with their Philippine Depositary Receipts (PDRs), if the court, Congress or the Securities and Exchange Commission would order its disqualification “equally across (the) media industry.” | NAMercadoINQ NAMercadoINQ Time to speak up GMA7. Di puro playing safe. NAMercadoINQ OK lang pero nagviolate na muna. Klaro yan. NAMercadoINQ Instead of trying to help the industry to maximize opportunities and outlets for the legal profitability of these institutions govt would consider disqualification of such instruments like PDR's? For what? To justify their bullying actions to ABSCBN?
Source: inquirerdotnet - 🏆 3. / 86 Read more »