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                    [ArticleID] => 261221
                    [Title] => Iligan City can’t sell assets of NSC, says liquidator
                    [Summary] => The  local government of  Iligan City  has no legal right to auction off or sell  any properties of the National Steel Corp.  (NSC) to pay off the steel  firm’s real estate obligation to the City of Iligan.


This was clarified yesterday by NSC liquidator Danilo Concepcion who added  that "only the NSC liquidator has the legal capacity to sell any assets or  properties of NSC."


                    [DatePublished] => 2004-08-14 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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ILIGAN CITY COUNCIL

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                    [ArticleID] => 261221
                    [Title] => Iligan City can’t sell assets of NSC, says liquidator
                    [Summary] => The  local government of  Iligan City  has no legal right to auction off or sell  any properties of the National Steel Corp.  (NSC) to pay off the steel  firm’s real estate obligation to the City of Iligan.


This was clarified yesterday by NSC liquidator Danilo Concepcion who added  that "only the NSC liquidator has the legal capacity to sell any assets or  properties of NSC."


                    [DatePublished] => 2004-08-14 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => Marianne V. Go
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abtest

Iligan City can’t sell assets of NSC, says liquidator

By Marianne V. Go | August 14, 2004 - 12:00am

The local government of Iligan City has no legal right to auction off or sell any properties of the National Steel Corp. (NSC) to pay off the steel firm’s real estate obligation to the City of Iligan. This...

Business