The Court of Appeals did not uphold the ownership issue of Harbour Centre Port Terminal Inc. in favor of businessman Reghis Romero II.
The court, instead, imposed a 60-day temporary restraining order on the implementation of the two contracts between Harbour Centre and One Source Port Services Inc., One Source president Cyrus Paul Valenzuela said Tuesday.
Valenzuela said in a statement the CA did not overturn the Dec. 19, 2014 writ of preliminary injunction that the Pasig City Regional Trial Court imposed to stop Romero and his two companies, R-II Builders Inc. and R-II Holdings, from claiming ownership of Harbour Centre.
Belying reports claiming the CA decision upheld Romero’s ownership of Harbour Centre, Valenzuela said thid was not the case because what the CA did was to impose a 60-day TRO on the implementation of One Source’s two contracts with Harbour Centre–the 2011 ancillary services contract and the 2014 port management contract.
“The Court of Appeals, in issuing the TRO, did not expressly, or even impliedly, affirm or confirm any purported ownership of R-II Builders Inc. and R-II Holdings, Inc., companies owned and controlled by Mr. Reghis M. Romero II, at Harbour Centre,” Valenzula said.
He said the writ of preliminary injunction, which Judge Rolando Mislang of the Pasig City Regional Trial Court Branch 167, issued on December 19 last year, “has not been superseded or overturned” by the CA decision.
The writ of preliminary injunction enjoins Romero and his two firms to refrain from acting as purported owners of Harbor Centre, adding that the two had divested of their HCPTI shareholdings as early as March 2, 2011.
“This being the case, we respectfully submit and reiterate our position that the contracts entered into by HCPTI with our company cannot thus be unilaterally terminated by Mr. Reghis M. Romero II, acting as purported majority owner of HCPTI through companies owned and controlled by him,” Valenzuela said.