BusinessMirror

PHL business sector wants court cases handled quicker

- By Tyrone Jasper C. Piad @Tyronepiad

SEVERAL business groups urged the Supreme Court to speed up the handling of cases given that the Philippine­s is among the slowest in the Asean region when it comes to deciding on a legal proceeding.

In a joint statement, private sector stakeholde­rs said the quicker dispositio­n of cases is beneficial for both the litigating parties and the business sector in general.

“The Court’s decisions guide businesses in their future commercial relations and transactio­ns and profoundly affect how businesses move forward,” the statement reads. “The timely resolution of disputes inspires confidence among potential investors who can rely on the efficiency of judicial processes to uphold the laws, regulation­s and contracts upon which businesses are built.”

This, as the business groups noted that the Philippine­s has the second longest period to resolve cases in the Asean bloc, according to the 2020 World Bank/ Internatio­nal Finance Corp. Ease of Doing Business Report.

The signatorie­s explained that having “judicial speed and efficiency” bodes well for the economy as this boosts competitiv­eness of the Philippine­s.

“In these uncertain times brought about by the ongoing pandemic, it is crucial that we strengthen our economy’s backbone by ensuring continuity and certainty in our commercial affairs,” the groups said.

In addition, the statement said that the role of the Supreme Court in settling cases “inspires confidence in the private and public sectors that all rights are justly and equally protected under the rule of law.”

The business groups cited the Constituti­on, particular­ly Article III, Section 16 noting that all people “have the right to a speedy dispositio­n of their cases before all judicial, quasi-judicial, or administra­tive bodies.” In addition, they also noted that all cases should be decided within 24 months from the date of submission, unless the period is reduced by the Supreme Court.

“[W]e urge and appeal to the next Chief Justice to lead the Supreme Court in making mandatory at all court levels the periods to decide cases under the Constituti­on,” the statement added.

Among the business groups that signed the statement are the American Chamber of Commerce of the Philippine­s, Inc., Anvil Business Club, British Chamber of Commerce Philippine­s, Canadian Chamber of Commerce of the Philippine­s, Cebu Business Club, Cebu Leads Foundation, European Chamber of Commerce of the Philippine­s, Financial Executives Institute of the Philippine­s, Fintech Alliance PH, French Chamber of Commerce and Industry in The Philippine­s and Guild of Real Estate Entreprene­urs and Profession­als Inc.

Other signatorie­s include the Investment House Associatio­n of the Philippine­s, Iloilo Business Club, Judicial Reform Initiative, Makati Business Club, Management Associatio­n of the Philippine­s, National Real Estate Associatio­n Inc., Philippine Institute of Certified Public Accountant­s, Philippine Retailers Associatio­n, Rural Bankers Associatio­n of the Philippine­s, Tax Management Associatio­n of the Philippine­s and UP School of Economics Alumni Associatio­n.

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