Daily Star logoTop Stories
Bacolod City, Philippines Thursday, August 25, 2011
Front Page
Negros Oriental
Star Business
Opinion
Sports
Police Beat
Star Life
People & Events
Eguide
Events
Schedules
Obituaries
Congratulations
Classified Ads
 
SM lawyer
warns vs. contempt

BY CARLA GOMEZ

The lawyer of SM Prime Holdings Inc. yesterday warned that if the Negros Occidental provincial government insists on signing the contracts for the sale and lease of its 7.7 hectare property in Bacolod City to Ayala it will risk being cited for contempt of court.

The Court of Appeals had earlier granted a 60-day temporary restraining order to SMPHI that claims it is the winning bidder for the purchase and lease of the property.

SMPHI lawyer Vincent Patrick Bayhon yesterday told ABS-CBN that the tenor of the TRO states that the provincial government cannot proceed with the sale or lease unless it is decided by court.

The TRO ends on Sept. 27.

The provincial government has sent the contracts on the sale and lease of its property to the Commission on Audit for review and approval.*CPG

 

 

 

back to top

Front Page | Opinion | Negros Oriental | Business | Sports
Star Life | People & Events| Archives | Advertise
Top Stories
ButtonCIDG nabs doc, wife for ‘illegal recruitment’
ButtonPalace condemns radioman’s killing
ButtonMore give rewards to 6 rowers
ButtonBing continues to gain add’l votes in recount
ButtonSM lawyer warns vs. contempt
ButtonGuv calls for off-season for fishing in Visayan Sea
ButtonDFA office in Bacolod has new OIC
ButtonCapitol hotlines up for Libya, Syria
Button7 brgys crime-prone areas
ButtonCops nab homicide suspect
ButtonSanggunian invites Querol to shed light on Yap case
ButtonBOC seized P700M in fake bags