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What will be Rappler's financial performance in 2024?
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Philippine Court of Appeals•Duterte•Securities and Exchange Commission•SEC•Rappler•Nobel Peace Prize•Maria Ressa
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Official financial reports from Rappler and news reports from reputable sources
Story
Philippine Court of Appeals Voids 2018 SEC Shutdown Order Against Rappler
Aug 9, 2024, 08:25 AM
The Philippine Court of Appeals has voided the 2018 shutdown order issued by the Duterte administration's Securities and Exchange Commission (SEC) against Rappler, a prominent news organization. This decision restores Rappler's certificate of incorporation and allows it to continue its operations without the risk of being closed. The court deemed the SEC's order as 'illegal' and a 'grave abuse of discretion.' Rappler CEO and Nobel Peace Prize laureate Maria Ressa highlighted the importance of the rule of law following the court's ruling. The decision, promulgated on July 23, marks a significant victory for Rappler in its long-standing legal battle, which spanned eight years. The support of freedom-loving Filipinos and the international community was crucial to Rappler's survival during this period.
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