Nobel laureate Ressa's Rappler website wins appeal to overturn shutdown order

9/8/2024 16:47

        Philippine Nobel laureate Maria Ressa's news website Rappler won an appeal to restore its corporate licence after a court overturned a regulator's decision to shutter the media company.
        
        The Court of Appeals, in a July 23 decision made public on Friday, had ruled the Philippine Securities and Exchange Commission (SEC) overstepped its authority in ordering Rappler's shutdown in 2018.
        
        "Like a bull seeing red, the SEC ... plowed through law and jurisprudence to reach its mark – the death of Rappler," the court said in its ruling. The SEC declined to comment, saying it has yet to receive a copy of the decision.
        
        Rappler's operating licence was rescinded in 2018 for violating foreign equity restrictions on media firms when it sold depositary rights to a U.S.-based company. The SEC upheld its findings in 2022.