June 5, 2023
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Food, Beverage & Tobacco

Court of Appeals dismisses case against Alliance Select Foods International

PETITIONERS GUILTY OF FORUM SHOPPING The Court of Appeals (“CA”) upheld the dismissal of a civil complaint filed in 2015 by minority shareholders of Alliance Select Foods International, Inc. (“ASFII; PSE: FOOD”) finding, among others, that the minority shareholders had committed forum shopping. In a March 28, 2023 Decision, the CA’s Thirteenth Division upheld the […]

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