Further evidence of Narel's business practices...
http://ca.supremecourt.gov.ph/cardis/SP86106.pdf
In a nutshell: Narel did not want to re-pay the obliged PhP 63M loan back to the loaning bank, and they didn't want the collateral on the loan to be auctioned off by the bank, in an attempt by the bank to minimize its losses from the deliquent Narel loan.
Typical of Narel. Thank God, for once, the "good guys" won one!
Showing posts with label Court of Appeals. Show all posts
Showing posts with label Court of Appeals. Show all posts
Sunday, August 17, 2008
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