June 16, 2015

EN BANC

A.M. No.03-03-03-SC

AMENDMENT OF

RESOLUTION

WHEREAS, Section 6 of

WHEREAS, in view of the passage of

WHEREAS,

WHEREAS, Sections 18 and 23 of acEHCD

WHEREAS, cases governed by the

WHEREAS, liquidation cases emanating, not from the

WHEREAS, to streamline the court structure and promote expediency and efficiency in handling special commercial cases, the exercise of jurisdiction to hear and decide all rehabilitation, insolvency and liquidation cases brought under the

NOW, THEREFORE, the Court Resolves:

1. That (1) cases governed by the

2. Upon the effectivity of this Resolution, all newly filed and pending cases mentioned in the immediately preceding paragraph shall be assigned or transferred to the designated Special Commercial Courts having territorial jurisdiction over them;

3. When there is no Special Commercial Court designated to hear and decide a case filed within a specific territory in accordance with the existing rules on venue, the case may be filed in any designated Special Commercial Court within the judicial region of said territory; and

4. In order to ensure a just and equitable distribution of cases, the designated Special Commercial Courts shall continue to participate in the raffle of other cases. Provided, however, that the Executive Judge concerned shall adopt a procedure whereby every rehabilitation, insolvency or liquidation case assigned or transferred to a Special Commercial Court shall be duly credited to such court.

This Resolution shall take effect fifteen (15) days following its publication in the Official Gazette or in two (2) newspapers of national circulation. SDHTEC

(SGD.) MARIA LOURDES P. A. SERENO
Chief Justice

(SGD.) ANTONIO T. CARPIO
Associate Justice

(SGD.) PRESBITERO J. VELASCO, JR.
Associate Justice

(SGD.) TERESITA J. LEONARDO-DE CASTRO
Associate Justice

(SGD.) ARTURO D. BRION
Associate Justice

On official leave
DIOSDADO M. PERALTA
Associate Justice

(SGD.) LUCAS P. BERSAMIN
Associate Justice

(SGD.) MARIANO C. DEL CASTILLO
Associate Justice

(SGD.) MARTIN S. VILLARAMA, JR.
Associate Justice

(SGD.) JOSE PORTUGAL PEREZ
Associate Justice

(SGD.) JOSE CATRAL MENDOZA
Associate Justice

(SGD.) BIENVENIDO L. REYES
Associate Justice

(SGD.) ESTELA M. PERLAS-BERNABE
Associate Justice

On official leave
MARVIC M.V.F. LEONEN
Associate Justice

(SGD.) FRANCIS H. JARDELEZA
Associate Justice