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Cojuangco vs. Republic: Coco Levy Dispute by Christine Marie Francisco is a document available to read on EtoBox.

What is Cojuangco vs. Republic: Coco Levy Dispute about?

1) The petitioner, Eduardo Cojuangco, sought to annul part of a partial summary judgment regarding shares in UCPB bank that were purchased using coconut levy funds and awarded to the government. 2) The Supreme Court ruled that the Sandiganbayan has jurisdiction in the case and that the PCA-Cojuangco agreement was a valid contract supported by consideration. 3) However, the court also ruled that the coconut levy funds were public funds that were unconstitutional to distribute to private individuals and o

Author

Christine Marie Francisco

Language

EN