^
+ Follow LCI Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1367238
                    [Title] => Lepanto Ceramics exits rehab
                    [Summary] => 

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines Inc., has made its exit from court-assisted corporate rehabilitation.

[DatePublished] => 2014-09-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 761992 [Title] => Lepanto seeks court reprieve on debt payment [Summary] =>

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines, has sought a court reprieve on debt payments to stem continuing losses and allow it to revive its business.

[DatePublished] => 2011-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 703193 [Title] => 'Execs of non-performing LWUA agency enjoy perks in millions' [Summary] =>

The Commission on Audit (COA) disclosed that a non-performing and newly created attached agency of the controversial Local Water Utilities Administration (LWUA) has executives that enjoy millions of pesos in perks while the firm incurred losses of more than P18.59 million last year.

[DatePublished] => 2011-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097363 [AuthorName] => Michael Punongbayan [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 241125 [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.

In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.

POPI expects to conclude negotiations with the bank in one year.
[DatePublished] => 2004-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 241013 [Title] => Undue intrusion [Summary] => This is another case of forum shopping or the act of availing oneself of several judicial remedies with identical causes of action and reliefs sought, in different courts or quasi-judicial agencies, either simultaneously or successively. To curb the malpractice of forum shopping, the 1997 Rules of Civil Procedure ordains that if a party is guilty of forum shopping, all his actions will be summarily dismissed. But in this particular case of LC Inc. (LCI), a company engaged in the public transportation business, not all the cases it filed were dismissed.
[DatePublished] => 2004-03-02 00:00:00 [ColumnID] => 133340 [Focus] => 0 [AuthorID] => 1804883 [AuthorName] => Jose C. Sison [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) ) )
LCI
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1367238
                    [Title] => Lepanto Ceramics exits rehab
                    [Summary] => 

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines Inc., has made its exit from court-assisted corporate rehabilitation.

[DatePublished] => 2014-09-10 00:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 761992 [Title] => Lepanto seeks court reprieve on debt payment [Summary] =>

Lepanto Ceramics Inc. (LCI), an indirect subsidiary of listed firm Prime Orion Philippines, has sought a court reprieve on debt payments to stem continuing losses and allow it to revive its business.

[DatePublished] => 2011-12-27 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 703193 [Title] => 'Execs of non-performing LWUA agency enjoy perks in millions' [Summary] =>

The Commission on Audit (COA) disclosed that a non-performing and newly created attached agency of the controversial Local Water Utilities Administration (LWUA) has executives that enjoy millions of pesos in perks while the firm incurred losses of more than P18.59 million last year.

[DatePublished] => 2011-07-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097363 [AuthorName] => Michael Punongbayan [SectionName] => Headlines [SectionUrl] => headlines [URL] => ) [3] => Array ( [ArticleID] => 241125 [Title] => Prime Orion Phils plans asset sale to pay P1.25-B loans [Summary] => Prime Orion Philippines Inc. (POPI) expects to bring down its total outstanding loan obligations to P1.25 billion by the end of the year through the sale of certain assets or dacion-en-pago agreements.

In a disclosure to the Philippine Stock Exchange, POPI said negotiations are currently ongoing for the restructuring of the remaining balance of principal loans with a bank amounting to P1 billion.

POPI expects to conclude negotiations with the bank in one year.
[DatePublished] => 2004-03-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 241013 [Title] => Undue intrusion [Summary] => This is another case of forum shopping or the act of availing oneself of several judicial remedies with identical causes of action and reliefs sought, in different courts or quasi-judicial agencies, either simultaneously or successively. To curb the malpractice of forum shopping, the 1997 Rules of Civil Procedure ordains that if a party is guilty of forum shopping, all his actions will be summarily dismissed. But in this particular case of LC Inc. (LCI), a company engaged in the public transportation business, not all the cases it filed were dismissed.
[DatePublished] => 2004-03-02 00:00:00 [ColumnID] => 133340 [Focus] => 0 [AuthorID] => 1804883 [AuthorName] => Jose C. Sison [SectionName] => Opinion [SectionUrl] => opinion [URL] => ) ) )
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