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GSIS called the ruling, a “patent nullity for such dismissal [of the GSIS case before the SEC] was not even prayed for by Meralco in its petition with the Court of Appeals.” [67] P.J. Vasquez wrote Justices Sabio and Vidal that as members of their newly reconstituted 8th division, they are not very familiar with the case.
Fernando remained in active practice until shortly before his death at the age 89 in 2004. His expertise as amicus curiae was sought by the Court in the controversial case of Manila Prince Hotel v. GSIS, 267 SCRA 408 (1997). [16] Fernando is buried at the Libingan ng mga Bayani.
The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a social insurance ...
[8] The Commission on Audit reports that in 2013 of the 219 profitable GOCCs, only 45 remitted a full 50% share of their dividends to the national treasury, leaving 174 others with unremitted government shares, amounting to more than P50 billion. [2] Dividends remitted were only one-tenth (1/10) of the total required by law according to the ...
The Tokyo Prince Hotel opened in 1964 on a site that originally housed graves of several Tokugawa family shoguns, whose bodies were moved to the neighboring temple of Zojo-ji. Originally, hotels branded as Prince Hotels were not wholly owned by Prince Hotels Company, but were instead operated by different companies, such as Seibu Railway ...
The new building for city's courts, on the other hand, will be built on the site of the old GSIS building near Manila City Hall along Arroceros street, beside SM City Manila. [7] On August 22, 2012, there was a so-called "ground-breaking" for a new House of Justice hall on the lot with the GSIS old building, the eighth such ceremony. [8]
The shares of the Lopez and Gokongwei families were sold to the SSS and GSIS, which acquired 78% of PCI Bank shares that were bought by the Go-Led Equitable Banking Corporation. They merged in 1999 and were approved by the Bangko Sentral and other agencies that had created the third largest Philippine bank, with Equitable as the survivor of the ...
The Stonehill scandal, named after American expatriate businessman Harry Stonehill, [1] was a 1962 bribery scandal in the Philippines which implicated high level government officials, including President Diosdado Macapagal, [2] future President Ferdinand Marcos, [2] [3] former President Carlos P. Garcia, [3] and numerous other top Philippine officials, who were accused of accepting bribes to ...