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Justice and the ‘Lazarus franchises’ Written by Jonathan de la Cruz

Friday, July 20, 2012

Justice and the ‘Lazarus franchises’


Two weeks ago we guested in our regular Saturday Forum at Annabel’s the officials of the two employees association of the defunct Pantranco North Express Inc (PNEI), namely, Pantranco Employees Association (PEA) and Pantranco  Retrenched Employees Inc. (PANREA), who are now in the middle of a tug-of-war over the sale (others said deed of assignment) of what they claim as “valid and existing” 489 franchises covering various lines in Luzon they won in a sheriff’s auction to satisfy the compensation claims which the NLRC and subsequently the Supreme Court (SC) awarded to them after years of litigation.

This sale was opposed by various bus operators on two grounds: a) the subject franchises have long been expired and beyond resurrection (thus the term “Lazarus franchises”) and b) the revalidation and subsequent sale of the franchises to five companies belonging to the Hernandez family of Victory Liner fame was done with indecent haste..... MORE

SourceThe Daily Tribune

URL: http://www.tribuneonline.org/index.php/commentary/item/1758-justice-and-the-%E2%80%98lazarus-franchises%E2%80%99

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