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NSC vs. TIPCO

NSC HOLDINGS (PHILIPPINES), INC., PETITIONER, V. TRUST INTERNATIONAL PAPER CORPORATION (TIPCO) AND ATTY. MONICO JACOB, RESPONDENTS.

G.R. No. 193069 | 2017-03-15

DECISION
 
SERENO, C.J.:
 
This is a Petition for Review on Certiorari under Rule 45 of the Rules of Court, assailing the Decision[1] and the Resolution[2] of the Court of Appeals (CA). The CA upheld the validity of the assailed Omnibus Order[3] issued by the Regional Trial Court (RTC), Branch 42, City of San Fernando, Pampanga. The RTC denied the motion of NSC Holdings (Phils.) Inc. (NSC) to revise the approved rehabilitation plan.
 
THE ANTECEDENT FACTS
 
Trust International Paper Corporation (TIPCO) is a pulp and paper manufacturing company organized and existing under the laws of the Republic of the...