Tag: land sale

SC: Hacienda Luisita has fully complied with distribution of proceeds from land sale

(Eagle News) — The Supreme Court has ruled Hacienda Luisita has fully complied with its 2011 order to distribute sale shares to farmworker beneficiaries. In making the ruling, the SC cited the findings of a three-man audit panel in its resolution made public on Wednesday, July 4. “To sum up, all three members of the audit panel have determined that the legitimate corporate expenses of Hacienda Luisita Inc for the years 1998 up to 2011, coupled with the […]