Weekly Updates

Week 41: April 10 – 16, 2017

On 10 April 2017, BBM received 2 Notices from the PET.

The 21 March 2017 Resolution directed BBM to pay a cash deposit in the amount of Php 66,223,000.00. The Tribunal used the total number of established precincts” as the base figure in computing the amount
of the cash deposit.

Justice Presbiterio Velasco submitted a dissenting opinion because he disagreed with the computation used in determining the cash deposit required. Justice Velasco explained that the computation should be based on the total number of “clustered precincts”, otherwise, “it may be unfair for the parties to be required to post a deposit bond based on the number of precincts, over which they might not have actual control.”

The 21 March 2017 Resolution – which was received on 10 April 2017 — required BBM to deposit the first installment amounting Php 36,023,000.00) on or before 14 April 2017 and the final installment amounting to Php 30,000,000.00 on or before 14 July 2017.

(click here to see the 21 March 2017 Resolution from the PET)

The 28 March 2017 Resolution resolved matters incidental to the present protest.

(click here to see the 28 March 2017 Resolution from the PET)

After 41 weeks, we are still waiting for the PET :

• to issue a Retrieval Order [per undertaking # 7 of 21] and
• to issue a Notice of Preliminary Conference [per undertaking # 8 of 21].

 

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