MULTIMEDIA

Scrutinizing the Lopez family's reacquisition of ABS-CBN after Martial Law

Mark Demayo, ABS-CBN News

Posted at Jun 15 2020 06:34 PM

Scrutinizing the Lopez family's reacquisition of ABS-CBN after Martial Law

Atty. Enrique Quiason (right) and Atty. Arecio Rendor, Jr. (second right) of ABS-CBN present the original copy of the company's Transfer Certificate of Title to Reps. Jesus Crispin Remulla (left) and Rep. Elpidio Barzaga Jr. during the congressional hearing on the ABS-CBN franchise on Monday. According to its counsels, ABS-CBN Broadcasting Corp was legally reacquired by the Lopez family after Martial Law through an arbitration agreement with the Corazon Aquino administration, and upheld by the Supreme Court in 1989.