Lim v. Moldex Land, Inc.

G.R. No. 206038, 25 January 2017 FACTS: Lim is a registered unit owner of 1322 Golden Empire Tower a condominium project of Moldex Land, Inc. (Moldex), a real estate company engaged in the construction and development of high-end condominium projects and in the marketing and sale of the units thereof to the general public. Condocor, [...]

By |2020-02-28T06:20:16+00:00February 10th, 2020|Case Digests|Comments Off on Lim v. Moldex Land, Inc.

University of Mindanao, Inc. v. Bangko Sentral ng Pilipinas

G.R. Nos. 194964-65, 11 January 2016 FACTS: University of Mindanao is an educational institution. For the year 1982, its Board of Trustees was chaired by Guillermo B. Torres. His wife, Dolores P. Torres, sat as University of Mindanao's Assistant Treasurer. Before 1982, Guillermo B. Torres and Dolores P. Torres incorporated and operated two (2) thrift [...]

By |2020-02-28T06:01:55+00:00February 10th, 2020|Case Digests|Comments Off on University of Mindanao, Inc. v. Bangko Sentral ng Pilipinas

Mindanao Savings and Loan Association, Inc. v. Willkom

G.R. No. 178618, 11 October 2010 FACTS: The First Iligan Savings and Loan Association, Inc. (FISLAI) and the Davao Savings and Loan Association, Inc. (DSLAI) are entities duly registered with the Securities and Exchange Commission (SEC) under Registry Nos. 34869 and 32388, respectively, primarily engaged in the business of granting loans and receiving deposits from [...]

By |2020-02-28T05:47:53+00:00February 10th, 2020|Case Digests|Comments Off on Mindanao Savings and Loan Association, Inc. v. Willkom

Ang v. Spouses Ang

G.R. No. 201675, 19 June 2013 FACTS: Sunrise Marketing (Bacolod), Inc. (SMBI) is a duly registered corporation owned by the Ang family. Its current stockholders and their respective stockholdings are Juanito, Anecita, Jeannevieve, Roberto, and Rachel. Roberto, Juanito and Nancy are siblings. Roberto was elected President of SMBI, while Juanito was elected as its Vice [...]

By |2020-02-27T08:22:22+00:00February 10th, 2020|Case Digests|Comments Off on Ang v. Spouses Ang

Ong Yong v. Tiu

G.R. No. 1444476, 8 April 2003 FACTS: In 1994, the construction of the Masagana Citimall in Pasay City was threatened with stoppage and incompletion when its owner, the First Landlink Asia Development Corporation (FLADC. It was heavily indebted to the Philippine National Bank (PNB). To stave off foreclosure of the mortgage on the two lots [...]

By |2020-02-27T07:42:52+00:00February 10th, 2020|Case Digests|Comments Off on Ong Yong v. Tiu

Ponce v. Alsons Cement Corporation

G.R. No. 139802, 10 December 2002 FACTS: Vicente C. Ponce and Fausto Gaid, incorporator of Victory Cement Corporation (VCC), executed a “Deed of Undertaking” and “Indorsement” whereby Gaid acknowledges that Ponce is the owner of the shares and he was therefore assigning/endorsing it to Ponce. VCC was renamed Floro Cement Corporation (FCC) and then to [...]

By |2020-02-27T07:41:03+00:00February 10th, 2020|Case Digests|Comments Off on Ponce v. Alsons Cement Corporation

Razon v. Intermediate Appellate Court

G.R. No. 74306, 16 March 1992 FACTS: E. Razon, Inc. was organized by petitioner Enrique Razon in 1962. However, it began operations only in 1966 since the other incorporators withdrew from the said corporation. The petitioner then distributed the stocks previously placed in the names of the withdrawing nominal incorporators to some friends, among them [...]

By |2020-02-27T07:20:50+00:00February 10th, 2020|Case Digests|Comments Off on Razon v. Intermediate Appellate Court

San Juan Structural and Steel Fabricators v. Court of Appeals

G.R. No. 129459, 29 September 1998 FACTS: Plaintiff-appellant entered into an agreement with Motorich Sales Corporation (MSC) for the transfer to it of a parcel of land located in Quezon City. As stipulated in the Agreement of 14 February 1989, SJSSFI paid the downpayment in the sum of P100,000.00, the balance to be paid on [...]

By |2020-02-27T02:31:51+00:00February 6th, 2020|Case Digests|Comments Off on San Juan Structural and Steel Fabricators v. Court of Appeals

Albert v. University Publishing Co., Inc.

G.R. No. L-19118, 30 January 1965 FACTS: Mariano A. Albert sued University Publishing Co., Inc. Plaintiff alleging that defendant was a corporation duly organized and existing under the laws of the Philippines; wherein Jose M. Aruego, its President, entered into a contract with plaintiff and thereby agreed to pay plaintiff P30,000.00 for the exclusive right [...]

By |2020-02-26T08:19:48+00:00February 6th, 2020|Case Digests|Comments Off on Albert v. University Publishing Co., Inc.

Narra Nickel Mining and Development Corp. v. Redmont Consolidated Mines Corp.

G.R. No. 195580, 21 April 2014 and 28 January 2015 (MR) FACTS: Respondent Redmont filed before the Panel of Arbitrators (POA) of the DENR three (3) separate petitions for the denial of petitioners’ applications for Mining Production Sharing Agreement alleging that at least 60% of the capital stock of petitioners, McArthur, Tesoro and Narra are [...]

By |2020-02-26T08:07:39+00:00February 6th, 2020|Case Digests|Comments Off on Narra Nickel Mining and Development Corp. v. Redmont Consolidated Mines Corp.
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