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× Iloilo court orders sheriff to give possession of Peco assets to More

ILOILO CITY---After nearly a year of litigation, the Iloilo Regional Trial Court (RTC) has directed the court's sheriff to turn over possession of distribution assets of Panay Electric Co. (Peco) to rival firm More Electric Power Corp. (More Power).

In a 14-page order issued on Feb. 20 but received by the parties on Feb. 26, Judge Emerald Requina-Contreras of the RTC Branch 23 reiterated the grant…