Samuel Sharruf vs. Winchell's Philippines, Inc., et al.

[SEC CASE NO. 3098. July 8, 1987.] SAMUEL SHARRUF , petitioner , vs . WINCHELL'S PHILIPPINES, INC., ET AL. , respondents . O R D E R Submitted for resolution is the respondents' urgent motion for reconsideration of order denying counterbond as well as the opposition thereto by the petitioner. After a careful consideration of all the arguments as contained in all the pleadings submitted by the parties, we find no cogent reason to warrant the reversal of the order sought to be reconsidered. We agree with the petitioner that instant motion is substantially a repetition of the previous motion for reconsideration. WHEREFORE, the respondents' urgent motion for reconsideration should be, as it is hereby DENIED for lack of merit. SO ORDERED. (SGD.) ALBERTO P. ATAS Hearing Officer