Last Friday, July 4, PEP (Philippine Entertainment Portal)
was informed about the decision of the Quezon City Regional Trial Court (QC
RTC) dismissing the case filed by GMA-7 against its former executive Luchi
Cruz-Valdes.
In 2001, Ms. Valdes resigned from her post as News Production Manager of GMA-7 to work as the Vice President for News of ABS-CBN. Her decision prompted the Kapuso Network to file an injunction case to prevent her from working for the Kapamilya Network in a span of eight months. GMA-7 also sued Ms. Valdes and ABS-CBN for violating its Talent Contract with the said executive.
Here is the full statement issued by GMA-7 in response to the said decision of the QC RTC:
"GMA Network will appeal the ruling of the Quezon City Regional Trial Court on the case it filed against former executive Luchi Cruz-Valdes and ABS-CBN Broadcasting Corporation for breach of contract.
"The Court failed to consider that an officer of a television station can not at the same time act as a talent of a program of a competing television station. This is never done.
"It would be absurd for GMA Network to still give Ms. Valdes assignments in its News and Public Affairs programs when she was already starting to work as Vice President for News of ABS-CBN.
"There is something palpably wrong in the court's conclusion that Luchi Cruz-Valdes' position as Vice President for News of ABS-CBN would not in any way affect her work as a talent of GMA.
"Certainly, there is an obvious conflict of interest when an executive of a television station works as a talent in a competing television station."