G.R. No. 218485-86 - Banco De Oro Unibank, Inc. vs. International Copra Export Corp.

Banco De Oro Unibank, Inc. vs. International Copra Export Corp.

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Title Supreme Court: Banco De Oro Unibank, Inc. vs. International Copra Export Corp.

Case: G.R. No. 218485-86

Decision Date: Apr 28, 2021

Multiple banks and corporations contested a rehabilitation plan under FRIA, with the Supreme Court ruling FRIA applicable, relaxing forum shopping rules, and reinstating the approved plan without remanding for creditors’ vote.

petitions

remanding the case

modified rehabilitation plan

Marathon 1 hr 3 min

END