G.R. No. 157917 – 693 Phil. 373 – 679 SCRA 208 – Mercantile Law – Transportation Law – Common Carrier – Private School Transport are Common Carriers Civil Law – Torts and Damages – Heirs of a high school student may be awarded damages for loss income In June […]
Monthly Archives: January 2014
G.R. No. 127181 – 416 Phil. 774 – 364 SCRA 375 – Mercantile Law – Corporation Law – Veil of Corporate Fiction – Corporate Name In 1980, ECO Management Corporation (ECO) obtained loans amounting to about P26 million from Land Bank. ECO defaulted in its payment but in 1981, […]
G.R. No. 113907 – 383 Phil. 329 / 409 Phil. 61 – 326 SCRA 428 / 357 SCRA 77 – Mercantile Law – Corporation Law – Veil of Corporate Fiction – Illegal Dismissal Cases In February 1990, M. Greenfield, Inc. (MGI), through its officers Saul Tawil, Carlos Javelosa, and […]
G.R. No. 148848 – 455 Phil. 734 – 408 SCRA 315 – Mercantile Law – Corporation Law – Doctrine of Separate Identity – Veil of Corporate Fiction Antonio Murillo is the majority owner of Insular Builders, Inc. His son, Rodolfo Murillo is the manager thereof. Rodolfo also owns a […]
G.R. No. 138104 – 430 Phil. 443 – 380 SCRA 617 – Mercantile Law – Corporation Law – License Requirement – Foreign Corporation – Being an assignee does not automatically mean “doing business” Marcopper Mining Corporation was unable to pay its loans from the Asian Development Bank (ADB). Later, […]
G.R. No. 131367 – 393 Phil. 843 – 339 SCRA 434 – Mercantile Law – Corporation Law – Foreign Corporation – License Requirement In 1996, Hutchison Ports Philippines Limited (HPPL) won a public bidding conducted by the Subic Bay Metropolitan Authority (SBMA). The project was to develop and operate a […]
A.C. No. 5804 – 453 Phil. 108 – 405 SCRA 220 – Mercantile Law – Corporation Law – Derivative Suit Legal Ethics – Conflict of Interests Benedicto Hornilla and Federico Ricafort were members of the Philippine Public School Teachers Association (PPSTA). In 1997, they accused the Board of Directors […]
G.R. No. 111448 – 424 Phil. 446 – 373 SCRA 385 – Mercantile Law – Corporation Law – Power of the Board – Ultra Vires Acts of Corporate Officers – Agency Civil Law – Obligations and Contracts – Void Contracts Can Never Be Ratified In 1988, Manuel Cruz, Jr., […]
G.R. No. 123358 – 381 Phil. 282 – 324 SCRA 270 – Mercantile Law – Corporation Law – Corporation has identity separate and distinct from incorporators FCY Construction Group, Inc. (FCY) was awarded a contract by the Department of Public Works and Highways to build a flyover. In 1993, FCY […]
G.R. No. L-68555 – 220 SCRA 103 – Mercantile Law – Corporation Law – Award of Moral Damages to Corporations – Self-Dealing Director In July 1969, Zosimo Falcon and Justo Trazo entered into an agreement with Alejandro Te whereby it was agreed that from 1970 to 1976, Te shall […]