Wednesday, June 24, 2015

CJHDEVCO versus BCDA Who Will Win?


The Philippine Dispute Resolution Center (PRCI) ordered the Bases Conversion Development Authority (BCDA) to return to CJHDEVCO the total amount of P1,421,096,052.00 representing the rental payment made by the developer based on the lease agreement. The Baguio RTC issued last April 14, 2015 a writ of execution to implement the PDRCI decision to shell out P1.42 billion in exchange for CJHDEVCO to move out from Camp John Hay.