UCPB loses P1-B collection suit 0 SHARES Share it! UCPB asked the trial court to order those charged to pay more than P824 million, excluding interest, penalty and other charges; P 1 million in attorney’s fees and litigation expenses, and the cost of suit. On Nov. 30, 2006, the trial court granted UCPB’s plea for a writ of preliminary attachment. The firms’ owners said they did not receive a summons and thus, the trial court did not acquire jurisdiction over them. On Feb. 10, 2012, the CA granted NGI and NPGI’s petition and reversed the June 8, 2007 ruling of the trial court.

Source: Manila Bulletin May 20, 2019 11:48 UTC