G.R. No. L-6393 – 96 Phil. 504 – Mercantile Law – Transportation -General Averages – Stranding of a Vessel In 1949, SS San Antonio, owned by A. Magsaysay, Inc. (AMInc), embarked on its voyage to Batanes via Aparri. It was carrying various cargoes, one of which was owned by Anastacio […]
Mercantile Law
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G.R. No. 147748 – 521 Phil. 549 – 487 SCRA 423 – Mercantile Law – Law on Insurance – Contract of Adhesion – Contract Binds Parties – Pre-Need Plan – when insurance may not pay Visitacion Gaw bought a transferable pre-need plan from Pacific Plans in 1982. The plan provides […]
G.R. No. 75915-16 – 214 SCRA 41 – Civil Law – Preliminary Title – Prescriptive Dates – Prescription of RightsMercantile Law – Law on Insurance – Insurable Interest; when not present In February 1981, the spouses Go It Bun and Choi Ping Tai insured their property with Cathay Insurance Co., Inc. […]