The long legal battle between the Bases Conversion and Development Authority (BCDA) against Camp John Hay Development Corporation (CJH Dev Co) are getting sticky and watery at the same time. The BCDA started to release its deadly venom for CJHDevCo stand against them. The options of each side should complacent each other for peaceful endorsement.
The fact remains that the stakeholders in side Camp John Hay has been subjected to chaos when worst comes to worst between BCDA and CJHDevCo. The agency asked investors to provide them with a record of their lease contracts with CJHDevCo for inventory purposes and guidance and initial findings showed CJHDevCo extended 50-year lease contracts to investors against the original agreement of 25 years.
This is very sticky findings if it’s true according to BCDA. That’s the reason why CJHDevCo had sealed its statement publicly because of its sub-leased business entities.
The Bases Conversion and Development Authority is finalizing options for investors in Camp John Hay in the wake of an arbitral decision, adding it is in talks with utility service providers to prevent disruption in their business.
The members of the arbitration committee ordered CJH Development Corp. of businessman Robert John Sobrepeña to vacate Camp John Hay. An arbiter said CJHDevCo should also pay BCDA P2.4 billion it oweed to the state agency in 2008. The government had mapped out several options for investors but declined to disclose the details. The BCDA were asking investors inside the camp to provide them record of their lease contracts with CJHDevCo for inventory purposes and guidance.
One thing for sure, the government had no plans of closing Camp John Hay and shutting down the businesses inside. They will pursue their plans for development of the place. Several investors have expressed concerns over the possibility of having their businesses disrupted because of the ongoing issue between the government and CJHDevCo, especially with the tourism season nearing its peak.
BCDA ensure the investors that proper endorsement and inventories will be given priority for them. The plan is within the 90-day period wherein stakeholders must coordinate with BCDA as the new managing authority in the camp.
The rights and interests of sub-lessees and sub- locators in Camp John Hay will continue to- be respected and protected. The BCDA consented to all sub-leases within the camp when it expressly gave, in the lease agreement itself, CJHDevCo the right to sub-lease various areas and real estate inventory therein. Indeed, the lease contract between the Bases Conversion and Development Authority (BCDA) and CJHDevCo obligated the latter to build structures precisely for subletting to third parties. The BCDA is also fully aware that the various properties inside the camp were sub-let to various third parties in good faith. The BCDA is, in fact, in possession of the various contracts covering these properties and has never raised any objection to them.
What are the rights of the investors when both sides deemed pronounced their capabilities for this case? What will happen if BCDA and CJHDevCo are not equally right for their true intentions of the Camp John Hay?
Sad to hear about this legal battle that never been given a chance to produce best result. Both sides never had the inkling to cooperate for the betterment of our nation, but creates bad example to the new generation.
For sure, Baguio City government leaders and citizens are very much disappointed with Arbitration Tribunal decision and so much now that the two sides are gearing for another legal war.
Read through the pages of your mind.