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LOS ANGELES – Sacramento Kings head coach Mike Brown was fined $50,000 by the NBA on Tuesday (Wednesday Manila time) after confronting a game official during the Kings' 143-142 overtime loss at Milwaukee and criticizing the officiating after the game.
MANILA, Philippines – Blacklist Rivalry's win at the Asia-Pacific Predator League last Sunday is just the beginning for the team as it sets it sights on the 2024 season.
This question was asked in response to yesterday’s story about the possible existence of a “right of first refusal” (ROFR) clause in the shareholders’ agreement (SHA) for investors in the Light Rail Manila Corp. (LRMC). The LRMC is a closely-held private company, meaning that it has a small number of shareholders, and since there is no public market for the sale of those shares, the shareholders in such a company almost always sign a SHA to govern important aspects of ownership like how decisions will be made, how disputes will be resolved, and how shares can be sold or transferred. In reality, these agreements are massive, and since they’re just negotiated contracts, the parties are free to make up whatever weird and wild clauses they like or to modify existing templates to suit whatever special situations are in play. > What is a ROFR clause? In this case, a ROFR clause is used to control how shares are sold and transferred, and it gives the other parties to the agreement the right (but not the obligation) to buy any shares that are being sold before they are sold to parties outside of the agreement.
MANILA, Philippines — The Department of Transportation (DOTr) and its attached agency, Land Transportation Franchising and Regulatory Board (LTFRB), asked the Supreme Court (SC) to dismiss the petition of the PISTON-led transport groups assailing the implementation of the Public Utility Vehicle Modernization Program (PUVMP).
The year is young and our hopes for a great year are still high. According to the Forbes Health/One Poll survey, these are the most popular 2024 resolutions:
THE Senate Committee on Justice and Human Rights yesterday approved the creation of new trial courts in 14 areas to decongest the courts and improve the dispensation of the justice system in the country.
MANILA, Philippines — The Department of Transportation (DOTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) have asked the Supreme Court (SC) to dismiss for lack of merit a petition seeking to stop the implementation and ultimately void government orders related to the public utility vehicle modernization program (PUVMP).
MANILA, Philippines — Various groups yesterday urged United Nations special rapporteur on freedom of expression and opinion Irene Khan to investigate violations on Filipinos’ rights to free speech and expression during her upcoming visit next week.