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What is Asiatrust Bank vs. First Aikka Development about?

This document summarizes a Supreme Court of the Philippines decision regarding a petition for review filed by Asiatrust Development Bank against a Court of Appeals decision related to corporate rehabilitation proceedings of First Aikka Development, Inc. and Univac Development, Inc. Asiatrust had provided loans to the two companies but claimed they were in default. The companies filed for corporate rehabilitation and Asiatrust sought to participate in the proceedings but its requests were denied by the trial

Author

Siobhan Robin

Language

EN