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9/ 17/13 Phil Journ alis ts Inc v s Michael Mo squ eda : 141430 : May 7, 2004 : J. Sandov al-Gut ie rre z : Th ird Div isio n : Decision sc.j udi ciary.gov.ph/juri sprudence/ 2004/may 2004/141430.ht m 1/ 7 THIRD DIVI SION [G.R. No. 141430. May 7, 2004] PHILIPPINE JOURNALISTS, INC.,  peti tione r, vs. MICHAEL MOSQUEDA, respondent. D E C I S I O N SANDOVAL-GUTIERREZ, J .: For resolution is a petition for review on certiorari  under Rule 45 of the 1997 Rules of Civil Procedure, as amended, assailing the Decision [1]  dated August 23, 1999 and the Resolution [2] dated December 15, 1999 rendered by the Court of Appeals in CA-G.R. SP No. 50485, entitled Journal Employees Union and Michael Mosqueda vs. National Labor Relations Commission and Philippine Journalist, Inc.Th e un dis puted facts of this cas e are a s follows:  After th e 1986 EDSA revolution, Philippine Journalists, Inc. (PJI), petitioner , was sequestered by the Presidential Commission on Good Government (PCGG). [3]  By virtue of the writs of sequestration issued by the Sandiganbayan, PJI was placed under the management of PCGG, th rough its nominees to the Bo ard of D irectors. However, Rosario Olivares, who owns 20% or 1,000 common shares, attempted to regain control of the PJI management. During the stoc kholders’ meeting on February 4, 1992, O livares insisted on acting as presiding office r over t he v ehemen t objections of the PCGG representatives.  As a con sequen ce, th e Ol ivar es grou p an d th e PCGG grou p h eld separate stockh older s’ meetings, wh ere each group elected its o wn members to the Board of D irectors. During that stockholders’ mee ting, th e Olivares group passed Resolu tion No. 92-2 des ignating Michael Mosqueda, respondent, as Chairman of a Task Force, along with five (5) other members, to protect the properties, funds and assets of PJI and enf orce or implement directives, instru ctions and orders of th e O livares group. Respondent w as also tasked to post copi es of th e Resolution [4] dated February 3, 1992 of the Sandiganbayan, “Notice to all PJI employees” of its elected board members and officers, and the Secretary’s Certificate issued by Andrea de la Cueva. On February 5, 1992 , Abraham J. Buenal uz , Officer-in-ch arge of P JI ’s Administrative Services Division, issued a memoradum to respondent and the other members of the Task Force charging them with “serious misconduct prejudicial to the interest of the company and/or present management; willful breach of trust and confidence; conflict of interest; and disloyalty under the PJI Personnel Handbook” and directing them to submit their written explanation within 24 hours from notice. Respondent submitted his explanation the next day, while the other members of the Task Force submitted their joint explan ation on Feb ru ary 7, 1992.

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