Jaime Tanael, et al. vs. Carlito De Leon, et al.
SEC Case No. 3259 (Order) • Securities and Exchange Commission • Orders • Dec 14, 1987
Full text
[SEC CASE NO. 3259. December 14, 1987.] JAIME TANAEL, ET AL. , plaintiffs , vs . CARLITO DE LEON, ET AL. , defendants . O R D E R When this case was called for hearing on the plaintiffs' application for a writ of preliminary injunction, as well as, the motion to cite defendants for contempt, only counsel for the plaintiffs appeared. However, counsel for the defendant filed an urgent motion to postpone today's hearing. cCaATD Finding the oral objection interposed thereto to be well-taken, this Commission resolves to deny the said defendants' motion. Thereupon, after a brief manifestation, counsel for the plaintiffs moved that he will just file a memorandum regarding the injunction incident within five (5) days from today. Anent the motion to cite defendants for contempt, plaintiffs was allowed to present their witness without prejudice however to the right of defendants counsel to cross-examine the said witness at the next scheduled hearing. SACEca Meantime, the hearing for the presentation of defendants evidence in opposition to the application for preliminary injunction, as well as the cross-examination of plaintiffs' witness are set on December 21, 1987, at 10:00 o'clock in the morning. SO ORDERED. (SGD.) ENRIQUE L. FLORES, JR. Hearing Officer
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