^
+ Follow CONSERVATOR Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 918471
                    [Title] => NLIC rehab plan to ‘equitize’ policies, PDF
                    [Summary] => 

The National Life Insurance Co. (NLIC) is expected to submit this week its official rehabilitation plan to the Insurance Commission (IC) amid demands from agents and policyholders for a public consultation prior to any changes in the insurer’s status.

[DatePublished] => 2013-03-12 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 886811 [Title] => National Life seeks effective support for rehab plan [Summary] =>

The National Life Insurance Co. (NLIC), a 79-year old Filipino business which since 2006 has been under a series of conservators appointed by the Insurance Commission (IC), was recently granted until Jan. 31, 2013 in which to pursue its alternative rehabilitation plan.

[DatePublished] => 2012-12-17 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 101494 [Title] => Eyco creditors poise lawsuit vs conservator committee [Summary] =>

The consortium of creditor banks of the Eyco group of companies said the conservator committee of the bankrupt firm is acting without authority and vowed to file a lawsuit if it continues to meddle with company funds.

This authority, the bank told the Securities and Exchange Commission (SEC), was effectively abolished when the commission en bank issued an order last Sept. 14, 1999, dissolving and discharging all committees, conservator and receivers created earlier by the SEC.

On the other hand, the authority of the SEC hearing panel mandated in the Sept. 14 order to act as [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 101386 [Title] => Eyco creditors warn conservator [Summary] =>

The consortium of creditors banks of the Eyco group of companies said the conservator committee of the bankrupt firm will be held liable if the creditors are left without any assets to collect.

The banks led by Philippine National Bank have threatened to file criminal or civil charges against members of the conservator committee if they continue with their alleged illegal disbursement of company funds.

In a letter sent to conservator chairman Amado M. [DatePublished] => 2000-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

CONSERVATOR
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 918471
                    [Title] => NLIC rehab plan to ‘equitize’ policies, PDF
                    [Summary] => 

The National Life Insurance Co. (NLIC) is expected to submit this week its official rehabilitation plan to the Insurance Commission (IC) amid demands from agents and policyholders for a public consultation prior to any changes in the insurer’s status.

[DatePublished] => 2013-03-12 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 886811 [Title] => National Life seeks effective support for rehab plan [Summary] =>

The National Life Insurance Co. (NLIC), a 79-year old Filipino business which since 2006 has been under a series of conservators appointed by the Insurance Commission (IC), was recently granted until Jan. 31, 2013 in which to pursue its alternative rehabilitation plan.

[DatePublished] => 2012-12-17 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 101494 [Title] => Eyco creditors poise lawsuit vs conservator committee [Summary] =>

The consortium of creditor banks of the Eyco group of companies said the conservator committee of the bankrupt firm is acting without authority and vowed to file a lawsuit if it continues to meddle with company funds.

This authority, the bank told the Securities and Exchange Commission (SEC), was effectively abolished when the commission en bank issued an order last Sept. 14, 1999, dissolving and discharging all committees, conservator and receivers created earlier by the SEC.

On the other hand, the authority of the SEC hearing panel mandated in the Sept. 14 order to act as [DatePublished] => 2000-01-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1704647 [AuthorName] => Rocel Felix [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 101386 [Title] => Eyco creditors warn conservator [Summary] =>

The consortium of creditors banks of the Eyco group of companies said the conservator committee of the bankrupt firm will be held liable if the creditors are left without any assets to collect.

The banks led by Philippine National Bank have threatened to file criminal or civil charges against members of the conservator committee if they continue with their alleged illegal disbursement of company funds.

In a letter sent to conservator chairman Amado M. [DatePublished] => 2000-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )

abtest
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