About this document
Manila Prince Hotel vs GSIS Ruling by Celedonio Manubag is a document available to read on EtoBox.
This case involved a dispute over the privatization and sale of shares of the Manila Hotel Corporation (MHC). The Government Service Insurance System (GSIS) selected a Malaysian company, Renong Berhad, as the winning bidder over the petitioner, Manila Prince Hotel Corporation, a Filipino company. However, the petitioner matched the bid price of the Malaysian company. The Supreme Court ruled that (1) the constitutional provision requiring preference to Filipinos in businesses related to national patrimony an
- Author
- Celedonio Manubag
- Language
- EN