MANILA, Philippines — Rappler is prepared to exhaust legal remedies after the Securities and Exchange Commission (SEC) affirmed its revocation order against the media organization, its chief legal counsel Francis Lim said on Wednesday. ADVERTISEMENTREAD: SEC has ordered Rappler shutdown, says CEO RessaLim, however, said Rappler “strongly disagrees” with the decision as it plans to file a petition for review to the Court of Appeals (CA). “We have 15 days from yesterday to file a petition for review or what a layman knows as appeal to the CA. The lawyer further stressed, “There are powerful, factual and legal grounds to reverse the decision of the SEC which we are now discussing. ADVERTISEMENT“Until our courts of law say that we have to close down by ultimately upholding the SEC decision, it’s business as usual for us,” he said.

Source: Philippine Daily Inquirer June 29, 2022 06:14 UTC