{"id":57321,"date":"2011-09-12T05:49:23","date_gmt":"2011-09-11T21:49:23","guid":{"rendered":"https:\/\/newsinfo.inquirer.net\/?p=57321"},"modified":"2011-09-12T05:49:23","modified_gmt":"2011-09-11T21:49:23","slug":"ca-lifts-tro-on-sale-of-prime-property-in-bacolod","status":"publish","type":"post","link":"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod","title":{"rendered":"CA lifts TRO on sale of prime property in Bacolod"},"content":{"rendered":"

Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to proceed with the sale and lease of its 7.7-hectare of prime property here to Ayala Land Inc. (ALI).<\/p>\n

In a decision dated Sept. 6, the CA\u2019s 20th Division denied the petition of SM Prime Holdings Inc. (SMPHI) for a preliminary injunction and instead cut short the 60-day TRO it issued on July 27. The order was supposed to expire on Oct. 4.<\/p>\n

The court ordered SMPHI and the provincial government officials to submit their memorandums within 15 days after which the case would be deemed submitted for decision.<\/p>\n

SMPHI lawyer Vincent Patrick Bayhon could not be reached for comment as of press time.<\/p>\n

SMPHI filed a petition for certiorari against the provincial government, insisting that it won the July 7 public bidding for the property. It posted a P50-million bond.<\/p>\n

It had insisted that it \u201cclearly submitted a bid superior to Ayala\u2019s\u201d and was surprised when the bidding was declared a failure.<\/p>\n

SMPHI had proposed to purchase a portion of the province-owned property for P18,885 per square meter and to lease the remaining portion for P65 per sq. m., well within the price set by the awards committee.<\/p>\n

Ayala, on the other hand, submitted a bid of P17,000 per sq. m. for the purchase and P50 per sq. m. for the lease.<\/p>\n

The provincial government declared the bidding a failure after both parties\u2019 bids came in below the floor price set by the Commission on Audit.<\/p>\n

A negotiated bidding was held on July 15, but SMPHI representatives did not show up. The property was then awarded to ALI.<\/p>\n

SMPHI filed petition before the regional trial court in a bid to stop the negotiated sale and lease.<\/p>\n

Judge Estefanio S. Libutan Jr. of Bacolod RTC Branch 50 did not issue a TRO but instead asked the Capitol officials and ALI to comment on SMPHI\u2019s petition.<\/p>\n

But SMPHI decided to elevate its petition to the CA, which then issued a 60-day TRO on July 27. On Sept. 6, the CA ruled to lift the TRO and asked the respondents to file their memorandums.<\/p>\n

Gov. Alfredo Mara\u00f1on Jr. was happy with the court\u2019s decision, saying the sale and lease of the province-owned property to ALI could now proceed.<\/p>\n

\u201cIt is a vindication of our position,\u201d he said. \u201cWe followed all legal procedures in the conduct of the bidding and SMPHI self proclaimed itself the winner.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to proceed with the sale and lease of its 7.7-hectare of prime property here to Ayala Land Inc. (ALI). In a decision dated Sept. 6, the CA\u2019s 20th Division denied the petition […]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[34,46],"tags":[20093],"byline":[329],"source":[206073],"column":[],"editor":[],"videographer":[],"position":[],"acf":[],"yoast_head":"\nCA lifts TRO on sale of prime property in Bacolod | Inquirer 黑料社<\/title>\n<meta name=\"description\" content=\"Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"CA lifts TRO on sale of prime property in Bacolod | Inquirer 黑料社\" \/>\n<meta name=\"twitter:description\" content=\"Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to\" \/>\n<meta name=\"twitter:creator\" content=\"@inquirerdotnet\" \/>\n<meta name=\"twitter:site\" content=\"@inquirerdotnet\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"besguerra\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"CA lifts TRO on sale of prime property in Bacolod | Inquirer 黑料社","description":"Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod","twitter_card":"summary_large_image","twitter_title":"CA lifts TRO on sale of prime property in Bacolod | Inquirer 黑料社","twitter_description":"Bacolod City\u2014The Court of Appeals (CA) has lifted a 60-day temporary restraining order (TRO) that may pave the way for the provincial government to","twitter_creator":"@inquirerdotnet","twitter_site":"@inquirerdotnet","twitter_misc":{"Written by":"besguerra","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod#article","isPartOf":{"@id":"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod"},"author":{"name":"besguerra","@id":"https:\/\/newsinfo.inquirer.net\/#\/schema\/person\/6353f94c41e1ebe1c61cd0a7f20bb1b5"},"headline":"CA lifts TRO on sale of prime property in Bacolod","datePublished":"2011-09-11T21:49:23+00:00","dateModified":"2011-09-11T21:49:23+00:00","mainEntityOfPage":{"@id":"https:\/\/newsinfo.inquirer.net\/57321\/ca-lifts-tro-on-sale-of-prime-property-in-bacolod"},"wordCount":424,"commentCount":0,"publisher":{"@id":"https:\/\/newsinfo.inquirer.net\/#organization"},"keywords":["Gov. 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