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                    [AuthorName] => Alex Magno
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                    [Title] => US appeals court upholds PCGG claim on $35-M Marcos account
                    [Summary] => Don’t count the government out.


The United States Court of Appeals has reversed an earlier ruling by a lower court and upheld the legality of the Philippine government’s claim to $35 million in hidden Marcos assets being held in escrow by the US government.


This was reported yesterday to the Presidential Commission on Good Government (PCGG) by American lawyer Stephen Bomse, who represented the agency in the litigation proceedings in the US.


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                    [Title] => Napocor to issue $500-M Yankee bonds in 1st qtr
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The National Power Corp. (Napocor) is confident that it can enter the
international bond market in the first quarter this year.

Napocor plans to issue 10-year Yankee bonds worth $500 million to finance its
capital expenditures for the year 2000 including the retirement of some of its
outstanding loans.

"If the market is soft, we will issue $300 million as a first tranche. When the
market improves, we could deal the remaining $200 million," said Napocor
president Federico E.
                    [DatePublished] => 2000-01-13 00:00:00
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                    [AuthorName] =>  Ted P. Torres
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MERRYL LYNCH

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                    [Title] => US appeals court upholds PCGG claim on $35-M Marcos account
                    [Summary] => Don’t count the government out.


The United States Court of Appeals has reversed an earlier ruling by a lower court and upheld the legality of the Philippine government’s claim to $35 million in hidden Marcos assets being held in escrow by the US government.


This was reported yesterday to the Presidential Commission on Good Government (PCGG) by American lawyer Stephen Bomse, who represented the agency in the litigation proceedings in the US.


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                    [Title] => Napocor to issue $500-M Yankee bonds in 1st qtr
                    [Summary] => 

The National Power Corp. (Napocor) is confident that it can enter the
international bond market in the first quarter this year.

Napocor plans to issue 10-year Yankee bonds worth $500 million to finance its
capital expenditures for the year 2000 including the retirement of some of its
outstanding loans.

"If the market is soft, we will issue $300 million as a first tranche. When the
market improves, we could deal the remaining $200 million," said Napocor
president Federico E.
                    [DatePublished] => 2000-01-13 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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abtest

Arbiter

By FIRST PERSON | By Alex Magno | November 8, 2007 - 12:00am

Opinion

US appeals court upholds PCGG claim on $35-M Marcos account

By Sheila Crisostomo | November 5, 2002 - 12:00am

Don’t count the government out. The United States Court of Appeals has reversed an earlier ruling by a lower court and upheld the legality of the Philippine government’s claim to $35 million in hidden...

Headlines

Napocor to issue $500-M Yankee bonds in 1st qtr

By Ted P. Torres | January 13, 2000 - 12:00am

The National Power Corp. (Napocor) is confident that it can enter the international bond market in the first quarter this year. Napocor plans to issue 10-year Yankee bonds worth $500 million to finance its capital...

Business