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Bank of the Philippine Islands (BPI) vs. BPI Employees Union-Davao Chapter (Resolution) 674 Phil. 609

BANK OF THE PHILIPPINE ISLANDS, Petitioner, vs. BPI EMPLOYEES UNION-DAVAO CHAPTER-FEDERATION OF UNIONS IN BPI UNIBANK, Respondent.

G.R. No. 164301 | 2011-10-19

EN BANC
 
R E S O L U T I O N
 
LEONARDO-DE CASTRO, J.:
 
In the present incident, petitioner Bank of the Philippine Islands (BPI) moves for reconsideration[1] of our Decision dated August 10, 2010, holding that former employees of the Far East Bank and Trust Company (FEBTC) "absorbed" by BPI pursuant to the two banks' merger in 2000 were covered by the Union Shop Clause in the then existing collective bargaining agreement (CBA)[2] of BPI with respondent BPI Employees Union-Davao Chapter-Federation of Unions in BPI Unibank (the Union).

To recall, the Union Shop Clause involved in this long standing...