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Before the initial hearing scheduled on December 5, On September 27, 2006, Viva Shipping Lines' former
2005, the City of Batangas, Keppel Philippines Marine, Inc., and employees Alejandro Olit, Nida Montilla, Pio Hernandez, Eugenio
Metropolitan Bank and Trust Company (Metrobank) filed their Baculo, and Harlan Bacaltos 34 (Alejandro Olit, et al.) filed their
respective comments and oppositions to Viva Shipping Lines' comment on the Amended Petition, informing the Regional Trial
Amended Petition. 22 Court of their pending complaint against Viva Shipping Lines
before the National Labor Relations Commission. 35
During the initial hearing, Pilipinas Shell Petroleum
Corporation (Pilipinas Shell) moved for additional time to write its In the Order dated October 30, 2006, 36 the Regional
opposition to Viva Shipping Lines' Amended Petition. 23 Pilipinas Trial Court lifted the stay order and dismissed Viva Shipping Lines'
Shell later filed its Comment/Opposition with Formal Notice of Amended Petition for failure to show the company's viability and
Claim. 24 the feasibility of rehabilitation. The Regional Trial Court
summarized Viva Shipping Lines' creditors and debts: 37
Luzviminda C. Cueto, a former employee of Viva
Shipping Lines, also filed a Manifestation and Registration of
Monetary Claim stating that Viva Shipping Lines owes her
P232,000.00 as separation and 13th month pay. 25 The Securities
and Exchange Commission filed a Comment informing the
Regional Trial Court that Viva Shipping Lines violated certain laws
and rules of the Commission. 26