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., a […]
Jurisprudence
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 entered […]
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 be […]
G.R. No. L-15380 – 109 Phil. 706 – Mercantile Law – Negotiable Instruments Law – Negotiation after Dishonor – Holder in Due Course Tan Kim and her husband (Chen So) issued 11 checks payable to “cash or bearer” to be drawn against their account with the Equitable Banking Corporation. The […]
G.R. No. L-19461 – 44 Phil. 713 – Mercantile Law – Negotiable Instruments Law – Presumption as to who is a “Holder in Due Course” In 1919, the Fernandez Hermanos (FH) contracted with the American Iron Products Company, Inc. (AIP), for the latter to build a shaft for one of […]
G.R. No. L-2861 – 88 Phil. 178 – Mercantile Law – Negotiable Instruments Law – Alteration – Assignee – Partial Indorsement In May 1942, Ubaldo Laya, as provincial treasurer of Misamis Oriental issued a P100,000.00 Philippine National Bank (PNB) check to Mariano Ramos. The said check was to be used […]
G.R. No. L-26767 – 130 Phil. 741 – 22 SCRA 713 – Mercantile Law Law – Negotiable Instruments Law – Accommodation Party – General Indorser In August 1960, Lorenzo Ting issued a check in the amount of P4,000.00 payable to cash or bearer. At the back of the check, Felipe […]
G.R. No. L-20320 – 19 SCRA 685 – Mercantile Law – Negotiable Instruments Law – Payable on Demand – Meaning of “Reasonable Time” In the months of April, May, June, July, and December 1943, German Gaston took out 5 loans from the Bank of Taiwan totaling to P4,889.91. He executed […]
G.R. No. L-24571 – 146 Phil. 862 – 36 SCRA 289 – Mercantile Law – Negotiable Instruments Law – Payable on Demand On October 8, 1951, Jose Ponce De Leon and Francisco Soriano took out a loan from the Rehabilitation Finance Corporation or RFC (now Development Bank of the Philippines) […]
G.R. No. L-11872 – 37 Phil. 215 – Civil Law – Obligations and Contracts – Parties to a Contract – May minors enter into a contract?; Minors who pretend to be of legal age may be bound to a contract Margarita Espiritu was the owner of a 48 hectare land. […]
G.R. No. L-22405 – 148-A Phil. 521 – 39 SCRA 587 – Mercantile Law – Negotiable Instruments Law – Postal Money Orders Are Not Negotiable Instruments In April 1958, a certain Enrique Montinola was purchasing ten money orders from the Manila Post Office. Each money order was worth P200.00. Montinola […]
G.R. No. L-63419 – 230 Phil. 406 – 146 SCRA 323 – Mercantile Law – Negotiable Instruments Law – Constitutionality of BP 22 Political Law – Constitutional Law – Bill of Rights – Equal Protection Clause This case is a consolidation of 8 cases regarding violations of the Bouncing Checks […]
G.R. No. L-1405 – 81 Phil. 359 – Mercantile Law – Negotiable Instruments Law – Treasury Warrants In 1941, a treasury warrant was issued in favor of Placido Urbanes, a government employee in the province of La Union. The said treasury warrant was meant to augment the Food Production Campaign […]
G.R. No. 150135 – 506 SCRA 81 – Remedial Law – Civil Procedure – Rule 141 – Indigent Litigants In 1999, the City of Naga demolished a portion of the house owned by spouses Antonio and Lorencita Algura for allegedly being a nuisance as the said portion of the house […]
G.R. No. L-998 – 77 Phil. 1018 – Remedial Law – Civil Procedure – Real Party in Interest; Naturalization Case Sometime in the 1940s, a certain Chinese citizen named Teodoro Lim filed a petition for naturalization for him to become a Filipino citizen. The Anti-Chinese League of the Philippines (ACL) […]
G.R. No. 158883 – 521 Phil. 576 – 487 SCRA 452 – Labor Law – Social Legislation – Overseas Employment; Repatriation – Permanent Disability – POEA Contract In 1993, John Melchor Laurente was hired as an engineer by Philippine Transmarine Carriers for its principal Lucky Ocean Marine Corporation. Laurente was […]