Saturday 29 June 2013

INQUIRER.net: SC favors Quiambao group in Stradcom dispute

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INQUIRER.net
Philippine News for Filipinos
SC favors Quiambao group in Stradcom dispute
Jun 30th 2013, 01:07

MANILA, Philippines—The Supreme Court has ruled that the business group led by Cezar Quiambao was the rightful owner of Stradcom Corp., paving the way for the information technology (IT) service firm to collect billions of pesos in receivables for services rendered to the Land Transportation Office (LTO).   In a resolution, the high tribunal's Second Division said the intracorporate dispute, as alleged by the group of Rodolfo Millare, was a mere "nuisance suit."   Millare is allied with the group of Bonifacio Sumbilla, who claimed to be a stockholder of Stradcom and, as such, tried to take over the company's database facilities at the LTO headquarters ...

Keep on reading: SC favors Quiambao group in Stradcom dispute

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