G.R. No. 113375 – 232 SCRA 110 – Mercantile Law – Corporation Law – PCSO’s Charter – Ultra Vires Acts In 1993, the Philippine Charity Sweepstakes Office decided to put up an on-line lottery system which will establish a national network system that will in turn expand PCSO’s source of income. […]
commercial law
152 posts
G.R. Nos. 116124-25 – 399 Phil. 38 – 345 SCRA 335 – Mercantile Law – Piercing the Veil of Corporate Fiction Bibiano Reynoso IV was the branch manager of Commercial Credit Corporation – Quezon City (CCC-QC), a branch of Commercial Credit Corporation (CCC). It was alleged that Reynoso was opposed […]
G.R. No. L-37331 – 58 Phil. 141 – Mercantile Law – Corporation Law – Proper Action Against Corporation Allegedly in Violation of the Corporation Code In 1927, Benguet Consolidated Mining Company, registered as a sociedad anonima (type of legal entity with two or more shareholders) under the Spanish Law, agreed […]
A.M. No. 10-7-17-SC – 642 SCRA 11 – Legal Ethics – Duty of Counsel To Cite Law/Jurisprudence Without Alteration Mercantile Law – Intellectual Property Law – Copyright – Plagiarism – Attribution The Malaya Lolas received an adverse decision in the case Vinuya vs Romulo decided by the Supreme Court on […]
G.R. No. 105461 – 227 SCRA 723 – Mercantile Law – Negotiable Instruments Law – Purpose of BP 22 Marlyn Lazaro, a businesswoman, was paid by Rudy Chua a check worth P90,000.00 so that Lazaro may deliver goods ordered by Chua. Lazaro was only able to deliver P18,000.00 worth of […]
G.R. No. L-9401 – 30 Phil. 537 – Mercantile Law – Insurance Law – The Policy – Insurance as a Contract between Insurer and Insured Only In 1912, Placida Jose contracted with Mariano Barreto for the construction of a house worth P6,000.00. While the house is under construction, Barreto, with […]
G.R. No. L-38613 – 112 SCRA 199 – Mercantile Law – Insurance Law – The Policy – Separate Premiums Not Required for Cover Notes In 1963, Pacific Timber Export Corporation (PTEC) applied for a temporary marine insurance from Workmen’s Insurance Company (WIC) in order for the latter to insure 1,250,000 […]
G.R. No. 124050 – 274 SCRA 432 – Mercantile Law – Insurance Law – The Policy – Prescription of Filing of Insurance Cases In 1983, Hongkong Government Supplies Department (HGSD) contracted Mayer Steel Pipe Corporation for the latter to manufacture and deliver various steel pipes and fittings. Before Mayer Steel […]
G.R. No. 119176 – 379 SCRA 423 – Mercantile Law – Insurance Law – The Policy – Automatic Increase in the Coverage – Documentary Stamp Tax Prior to 1984, Lincoln Philippine Life Insurance Company, Inc. (now called Jardine-CMA Life Insurance Company, Inc.) used to issue policies called “Junior Estate Builder […]
G.R. No. L-54140 – 145 SCRA 42 – Mercantile Law – Insurance Law – The Policy – Prescription of Filing of Insurance Cases In 1976, Choa Tiek Seng contracted Frota Oceanica Brasiliera for the latter to deliver goods. Choa Tiek Seng insured the goods with Filipino Merchants Insurance Company. The […]
G.R. No. L-62431-33 – 360 SCRA 127 – Mercantile Law – Negotiable Instruments Law – Check Payments – Due Diligence in Presenting Checks for Payment Honor Moslares and Pio Barretto Realty Development Corporation are disputing over the estate of Nicolai Drepin, represented by Atty. Tomas Trinidad. To settle the dispute, […]
G.R. No. 105188 – 284 SCRA 643 – Mercantile Law – Negotiable Instruments Law – Consummation of Sale in Lieu of Check Payment Myron Papa is the administrator of the estate of Angela Butte. In 1973, he sold a portion of said estate to Felix Peñarroyo through A.U. Valencia and […]
G.R. No. 117857 – 351 SCRA 100 – Mercantile Law – Negotiable Instruments Law – Batas Pambansa 22 – Knowledge of Insufficiency Criminal Law – Special Penal Laws – Batas Pambansa Blg. 22 – Elements – Notice of Dishonor – Presumption of Knowledge of Insufficiency Luis Wong is a collector […]
G.R. No. 101163 – 217 SCRA 32 – Mercantile Law – Negotiable Instruments Law – Holder in Due Course – Notice of Dishonor Corazon Victoriano provided pieces of jewelry to Nora Moulic so that the latter may sell the same. As security for the jewelries, Moulic issued to Victoriano two […]
G.R. No. 70145 – 145 SCRA 497 – Mercantile Law – Negotiable Instruments Law – Rights of the Holder – What Constitutes a Holder in Due Course -Stolen Check Jose Go maintains an account with Associated Bank. He needed to transfer P800,000.00 from Associated Bank to another bank but he […]
G.R. No. 112392 – 326 SCRA 641 – Mercantile Law – Negotiable Instruments Law – Negotiation – Indorsement – Withdrawal Slip Benjamin Napiza maintains an account with the Bank of the Philippine Islands (BPI). In 1987, Napiza was approached by Henry Chan and the latter gave him a $2,500 Continental […]