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Apr 18, 2022corporate rehabilitationmootnessfriarehabilitation receivermortgage trust indenturevitarich
Corporate Rehabilitation Mootness: When Successful Exit Ends Disputes
The Supreme Court dismisses as moot a dispute over the rehabilitation receiver's custody of mortgaged properties after Vitarich's successful rehabilitation exit.
Loss of Trust and Confidence as a Valid Ground for Dismissal: The Vitarich Case
Philippine law requires more than an employer's mere assertion of lost trust to justify dismissal. Learn the rules from Vitarich v. NLRC.