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UP vs. ALUMCO: Logging Contract Rescission by Arvy Velasquez is a document available to read on EtoBox.

What is UP vs. ALUMCO: Logging Contract Rescission about?

The University of the Philippines (UP) entered into a logging agreement with ALUMCO in 1960 that granted ALUMCO exclusive rights to cut and remove timber from UP land. [1] ALUMCO incurred unpaid debts in 1964 and 1965 totaling over P219,000 despite demands for payment. [2] The agreement between UP and ALUMCO expressly allowed UP to consider the agreement rescinded without court action upon ALUMCO

Author

Arvy Velasquez

Language

EN