G.R. No. 127347 – 319 SCRA 246 – 377 Phil. 257 – Civil Law – Partnership – Identity Separate and Distinct – Liability of partners vs liability of the partnership In April 1991, the spouses Ruben and Felicidad Abrogar entered into a loan agreement with a lending firm called A.C. Aguila […]
Partnership
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G.R. No. L-22493 – 65 SCRA 554 – Civil Law – Partnership – Liability of Partners – Pro-rata – Condonation United Pioneers General Construction Company is a general partnership formed by Benjamin Daco, Daniel Guizona, Noel Sim, Augusto Palisoc, and Romulo Lumauig. In 1961, United Pioneers purchased by installment a […]
G.R. No. 127405 – 342 SCRA 20 – 365 SCRA 463 – Civil Law – Partnership – Dissolution of the Partnership William Belo introduced Nenita Anay to his girlfriend, Marjorie Tocao. The three agreed to form a joint venture for the sale of cooking wares. Belo was to contribute P2.5 […]
G.R. No. 136448 – 317 SCRA 728 – 376 Phil. 76 – Civil Law – Partnership – Liabilities of Partners – Corporation by Estoppel It was established that Lim Tong Lim requested Peter Yao to engage in commercial fishing with him and one Antonio Chua. The three agreed to purchase […]
G.R. No. 172690 – 614 SCRA 141 – Civil Law – Partnership – Partner – Periodic Accounting – Profit Sharing In 1980, the heirs of Jose Lim alleged that Jose Lim entered into a partnership agreement with Jimmy Yu and Norberto Uy. The three contributed P50,000.00 each and used the […]
G.R. No. 126881 – 341 SCRA 740 – Civil Law – Partnership – Periodic Accounting – Profit Sharing Benguet Lumber has been around even before World War II but during the war, its stocks were confiscated by the Japanese. After the war, the brothers Tan Eng Lay and Tan Eng […]
G.R. No. 134559 – 378 Phil. 170 – Civil Law – Partnership – Sharing of Loss in a Partnership – Industrial Partner not Liable for Losses In 1969, sisters Antonia Torres and Emeteria Baring entered into a joint venture agreement with Manuel Torres. Under the agreement, the sisters agreed to […]
G.R. NOS. 166299-300 – 513 Phil. 707 – Civil Law – Partnership – Partnership, how formed Aurelio and Eduardo are brothers. In 1973, Aurelio alleged that Eduardo entered into a contract of partnership with him. Aurelio showed as evidence a letter sent to him by Eduardo that the latter is […]