G.R. No. 53820 – 209 SCRA 763 – Mercantile Law – Corporation Law – Liability of Officers – Apparent Authority In 1973, Constancio Maglana, president of Prime White Cement Corporation, sent an offer letter to Yao Ka Sin Trading. The offer states that Prime White is willing to sell 45,000 […]
Mercantile Law
147 posts
G.R. No. 115849 – 322 Phil. 280 – 252 SCRA 259 – Mercantile Law – Corporation Law – Liability of the Corporation – Apparent Authority In 1987, the a manager of First Philippine International Bank (FPIB), Mercurio Rivera, entered into a contract of sale with Demetrio Demetria and Jose Janolo […]
G.R. No. L-18287; G.R. No. L-18155 – 117 Phil. 586 – 7 SCRA 577 – Mercantile Law – Corporation Law – Corporate Liability – Estoppel In 1956, Trinidad Francisco obtained a P400k loan from the Government Service Insurance System (GSIS). She secured the loan with a parcel of land. In 1959 […]
G.R. No. 109491 / G.R. No. 121794 – 405 Phil. 461 – 353 SCRA 23 – Mercantile Law – Corporation Law – Ultra Vires Act – Liability of Corporate Officers In 1981, Hi-Cement Corporation through Lourdes De Leon (its Treasurer) and Antonio De Las Alas (its Chairman, now deceased) issued […]
G.R. No. L-32473; G.R. No. L-32483 – 52 SCRA 210 – Mercantile Law – Corporation Law – Delegation of Corporate Powers – Compromise Agreement In 1967, HI Cement Corporation was granted authority to operate mining facilities in Bulacan. However, the areas allowed for it to explore cover areas which were also […]
G.R. No. 128690 – 361 Phil. 499 – 301 SCRA 572 – Mercantile Law – Corporation Law – Delegation of Corporate Powers – Moral Damages In 1992, ABS-CBN Broadcasting Corporation, through its vice president Charo Santos-Concio, requested Viva Production, Inc. to allow ABS-CBN to air at least 14 films produced […]
G.R. No. L-56763 – 204 Phil. 693 – 119 SCRA 367 – Mercantile Law – Corporation Law – Business Address Remedial Law – Civil Procedure – Venue of Actions In 1979, Tyson Enterprises, Inc. filed a collection suit against Universal Parts Supply Corporation and its president John Sy. The suit […]
G.R. No. L-23606 – 133 Phil. 229 – 24 SCRA 269 – Mercantile Law – Corporation Law – Corporate Lifespan On January 15, 1912, Alhambra Cigar & Cigarette Manufacturing Company, Inc. was incorporated. Its lifespan was for 50 years so on January 15, 1962, it expired. Thereafter, its Board authorized […]
G.R. No. 117890 – 344 Phil. 723 – 279 SCRA 312 – Mercantile Law – Corporation Law – Suit Under a Corporate Name – A corporation may be liable in labor cases despite not receiving summons In 1988, a labor case for illegal dismissal was filed against Jose Edmundo Pison […]
G.R. No. L-28351 – 168 Phil. 223 – 78 SCRA 62 – Mercantile Law – Corporation Law – Tradenames 78 SCRA 62 – Mercantile Law – Intellectual Property Law – Trademarks – Use of Tradenames – When is there confusion In 1953, Universal Textile Mills, Inc. (UTMI) was organized. In […]
G.R. No. 93073 – 216 SCRA 738 – Mercantile Law – Corporation Law – Liability of Officers – Exception – Change of Corporate Name In 1979, World Garment Manufacturing (WGM), through its board authorized Shozo Yamaguchi (president) and Fermin Canlas (treasurer) to obtain credit facilities from Republic Planters Bank (RPB). […]
G.R. No. 77860 – 249 Phil. 495 – 167 SCRA 540 – Mercantile Law – Corporation Law – Jurisdiction – Intra-Corporate Dispute Nilcar Fajilan was a stockholder and the president of Boman Environmental Development Corporation (Boman). In 1984, he wrote a letter to the Board tendering his resignation and his […]
G.R. No. 100468 – 338 Phil. 759 – 272 SCRA 253 – Mercantile Law – Corporation Law – Right To Sue Under A Corporate Name In 1988, Bormaheco, Inc. (Bormaheco) filed an ex-parte petition with the Registry of Deeds of Makati for the issuance of a writ of possession over […]
271 SCRA 621 – Business Organization – Corporation Law – Corporation By Estoppel – Ostensible Corporation In 1993, Carlos Garcia, Patricio Botero, and Luisa Miraples were accused of illegal recruitment. It was alleged that they represented themselves as the incorporators and officers of Ricorn Philippine International Shipping Lines, Inc.; that […]
G.R. No. L-11442 – 103 Phil. 757 – Mercantile Law – Corporation Law – Separate and Distinct Personality – When Not Applicable In 1954, Manuela Vda. De Salvatierra entered into a lease contract with Philippine Fibers Producers Co., Inc. (PFPC). PFPC was represented by its president Segundino Refuerzo. It was […]
G.R. No. 125221 – 274 SCRA 452 – Mercantile Law – Corporation Law – Jurisdiction of the SEC Reynaldo Lozano was the president of KAMAJDA (Kapatirang Mabalacat-Angeles Jeepney Drivers’ Association, Inc.). Antonio Anda was the president of SAMAJODA (Samahang Angeles-Mabalacat Jeepney Operators’ and Drivers’ Association, Inc.). In 1995, the two […]