More articles about: lopez family

Gabby Lopez still has no board seat, title, or chairmanship in the Lopez group, not even at ABS-CBN. What he now has is a direct financial stake in ABS-CBN's rescue after giving up everything else.

In the five-month Lopez family saga, there is one, inescapable fact: someone has to put money in.

The Philippine Stock Exchange has penalized First Gen for disclosure violations. Underneath the sanction is a question every family business eventually answers: whose clock are we on?

Both sides said they wanted peace. The clues that they did not were hiding in everything they said and did while saying it.

Amidst a very public clash with his cousins about the leadership of Lopez Inc., all eyes and ears were on Federico “Piki” Lopez when he delivered a speech at First Gen’s annual stockholders meeting.

In the wreckage of the Lopez family rupture, a document surfaced—or rather, failed to surface—that tells a story not about family drama but about how listed companies communicate.

The Lopez cousins controlling 71% of Lopez Inc. have issued a collective statement denouncing Piki Lopez’s actions. ‘We’ve lost trust and confidence in our cousin.’

The once mighty broadcast giant is still in the red, but a healthy content stream and cost reductions seem to indicate it is on a path to profitability.

For years, the Lopez family likened itself to a phoenix that rises from its own ashes. But Piki Lopez rejected the metaphor and dared to ask: perhaps the phoenix story itself is part of the problem?

In modern capitalism, the most explosive conflicts are often written not in headlines, but in clauses.

If you only came to the story when the Lopez cousins started suing each other, it helps to start with a simpler picture: one family, one flagship utility, and a very ambitious buyout.