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Published June 30, 2021, 9:26 AM Supreme Court “Fairness is what justice really is,” said the late former Justice Potter Stewart of the United States Supreme Court. Justice Stewart’s famous quote aptly described how the Philippine Supreme Court (SC) resolved the dispute between the Securities and Exchange Commission (SEC) and the Commission on Audit (COA) involving the use of the former’s retained earnings for the provident fund of its officials and employees. In 2010, SEC disbursed P19.72 million out of its retained earnings – derived from service fees and rebates – as its contr...

Supermarket coming in 2022 for $33.56 million refinanced Saugus Plaza Shopping Center Wicked Local JLL Capital Markets issued the following press release JLL Capital Markets announced that it has arranged a $33.56 million refinancing for Saugus Plaza Shopping Center, a 208,500-square-foot retail center in the inner Boston suburb of Saugus. JLL worked on behalf of the borrower, Finard Properties, to place the fixed-rate loan with HarborOne Bank as agent and Salem Five as co-lender. Loan proceeds will be used to build out the grocery space for a national credit grocery to open at the center in ...