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 […]
Yearly Archives: 2014
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 […]