That is AI generated summarization, which can have errors. For context, all the time discuss with the total article.
‘With none new cogent of believable justification raised within the current movement for reconsideration, the Court docket sees no purpose to reverse its determination,’ says the CA’s ruling, which was penned by Affiliate Justice Emily San Gaspar-Gito.
MANILA, Philippines – The Court docket of Appeals (CA) affirmed with finality the Division of Justice’s (DOJ) determination to dismiss the criticism filed by the “Yanson 4” siblings towards their mom, Olivia, and different siblings associated to their dispute on the possession of their bus firm.
The Yanson 4 siblings — Roy Yanson, Emily Yanson, Ma. Lourdes Celina Yanson-Lopez, and Ricardo Yanson Jr. — had filed a certified theft, falsification, and perjury criticism towards their mom and different siblings, Ginnette Yanson Dumangcas and Leo Rey, and others.
The CA mentioned in a 22-page ruling that the 4 did not current new arguments that may overturn the courtroom’s September 30, 2024 determination to dismiss their criticism.
“With none new cogent of believable justification raised within the current movement for reconsideration, the Court docket sees no purpose to reverse its determination,” mentioned the CA’s ruling, which was penned by Affiliate Justice Emily San Gaspar-Gito.
The Yanson 4 sought to reverse Guevarra’s resolutions dated April 28, 2022 and June 29, 2022, which discovered no possible trigger to have their mom, siblings Ginette and Leo Rey, amongst others, for the offenses. The CA in September 2024 backed the DOJ’s determination to dismiss their criticism after failing to help their claims.
The household fell aside after the dying of the Yanson patriarch, Ricardo, on October 25, 2015. He, alongside along with his spouse Olivia, based the now 52-year-old Vallacar Transit Integrated (VTI) — one of many largest bus transit corporations within the nation with a fleet of over 4,000 buses and 18,000 workers working behind the scenes. It’s a part of the Yanson Group of Bus Firms.
The corporate scores over P15 billion in annual revenues.
Yanson 4 claimed {that a} particular board assembly was held on July 7, 2019, the place their sibling Leo Rey was eliminated as president attributable to lack of belief and confidence. Through the assembly, the board additionally elected the Yanson 4 as the brand new officers — Roy as president, Emily as company secretary, Celina as treasurer, and Ricky as vp for upkeep.
They famous that collectively, they’re the bulk stockholders of VTI, proudly owning 61.16% of the full issued and subscribed shares.
However over a month in a while August 19, 2019, Leo Rey additionally known as for a particular stockholder’s assembly to elect a brand new board of administrators and company officers. This new set was mirrored within the October 11, 2019 Normal Data Sheet of VTI, which might be what the Yanson 4 would declare as “false entries” — however the CA would observe that these are “primarily truthful within the sense that they have been primarily based on precise occasions that transpired…”
The Yanson 4 additionally claimed that mom, Olivia, waived her rights, title, and pursuits in Ricardo’s property — together with the shares in VTI. Nonetheless, the respondents famous that Ricardo’s property had not been settled and Olivia didn’t hand over her shares in VTI, claiming that her VTI shares have been fraudulently transferred to her kids with the assistance of their household lawyer.
Within the DOJ resolutions, the division dismissed the Yanson 4’s criticism, noting that other than failing to show that theft, falsification, and perjury occurred, the problems “are within the nature of intra-corporate disputes, that are past its jurisdiction.” — Rappler.com
