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Case Digests2018-05-21T05:18:14+00:00

Citibank NA v. Tanco-Gabaldon

February 6th, 2020|

G.R. Nos. 198469-70, 4 September 2013 FACTS: Respondent Gabaldon filed with the SEC’s Enforcement and Prosecution Department a complaint for violation of the Revised Securities Act and the Securities Regulation Code against petitioners Citibank N.A. [...]

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Securities and Exchange Commission v. Court of Appeals

February 6th, 2020|

G.R. No. 187702, 22 October 2014 FACTS: Omico scheduled its annual stockholders’ meeting and set the deadline for submission of proxies and the validation of proxies. Astra objected to the validation of the proxies issued [...]

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Yoshizaki v. Joy Training Center of Aurora, Inc.

February 6th, 2020|

G.R. No. 174978, 31 July 2013 FACTS: Respondent Joy Training is a non-stock, non-profit religious educational institution. The spouses Richard and Linda Johnson, members of the Board of Trustees of the former, sold the real [...]

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Benedicto-Munoz v. Cacho-Olivares

February 6th, 2020|

G.R. No. 179121, 9 November 2015 FACTS: Respondents claimed that Cuaycong, a salesman in securities, had engaged in fraudulent and deceitful activities with the complicity and knowledge of the defendant stock market brokerage firms, and [...]

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Government Service Insurance System v. Court of Appeals

February 6th, 2020|

G.R. Nos. 183905, 16 April 2009 FACTS: The annual stockholders’ meeting of the Manila Electric Company (Meralco) was scheduled on 27 May 2008. In connection with the annual meeting, proxies were required to be submitted [...]

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Abad v. Philippine Communications Satellite Corporation

February 6th, 2020|

G.R. No. 200620, 18 March 2015 FACTS: Respondent PHILCOMSAT owns 81% of the outstanding capital stock of Philcomsat Holdings Corporation (PHC). The majority shareholders of PHILCOMSAT are also the seven families who have owned and [...]

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Securities and Exchange Commission v. Subic Bay Golf and Country Club, Inc.

February 6th, 2020|

G.R. No. 179047, 11 March 2015 FACTS: On April 25, 1996, SBGCCI and UIGDC entered into a Development Agreement. UIGDC agreed to "finance, construct and develop the [golf course], for and in consideration of the [...]

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Cosare v. Broadcom Asia, Inc.

February 6th, 2020|

G.R. No. 201298, 5 February 2014 FACTS: Cosare claimed that sometime in April 1993, he was employed as a salesman by Arevalo, who was then in the business of selling broadcast equipment needed by television [...]

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Medical Plaza Makati Condominium Corporation v. Cullen

February 6th, 2020|

G.R. No. 181416, 11 November 2013 FACTS: Respondent Robert H. Cullen purchased from MLHI condominium Unit. On September 19, 2002, petitioner, through its corporate secretary, Dr. Jose Giovanni E. Dimayuga, demanded from respondent payment for [...]

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Pua v. Citibank, N.A.

February 6th, 2020|

G.R. No. 180064, 16 September 2013 FACTS: Petitioners alleged that they had been depositors of Citibank Binondo Branch (Citibank Binondo) since 1996. Sometime in 1999, Guada Ang, Citibank Binondo’s Branch Manager, invited Jose to a [...]

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Philippine Overseas Telecommunications Corporation, v. Africa

February 6th, 2020|

G.R. No. 184622, 3 July 2013 FACTS: POTC is a domestic corporation organized for the purpose of, among others, constructing, installing, maintaining, and operating communications satellite systems, satellite terminal stations and associated equipments and facilities [...]

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Gulfo v. Ancheta

February 6th, 2020|

G.R. No. 175301, 15 August 2012 FACTS: The petitioners are the neighbors of Jose Ancheta (respondent). Sometime in 1998, respondent’s septic tank overflowed; human wastes and other offensive materials spread throughout his entire property. As [...]

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