irn heads up, page-5

I agree HappyCats. Philippines and common sense....no chance of that. This is a country that will...out of pure and totally misguided spite and a fake sense of national pride...walk away from billion dollar projects - just like they never existed. You can try legal remedies and you'll die of old age before they have gone thru the series of appeals and the un-enforcement of judgements. Different world the Philippines, I've lost count of the foreigners I've personally known over nearly forty years who have done their dough there thru failed business ventures, failed marriages, or just plain embezzlement. I think offshore oil is probably ok down around Palawan. I'd worry about anything else...