Paramount Insurance Corp. v. A.C. Ordoñez Corp.

G.R. No. 175109, 6 August 2008 FACTS: Petitioner Paramount Insurance Corp. is the subrogee of Maximo Mata, the registered owner of a Honda City sedan involved in a vehicular accident with a truck mixer owned by respondent corporation and driven by respondent Franklin A. Suspine on September 10, 1997, at Brgy. Panungyanan, Gen. Trias, Cavite. [...]

By |2020-02-28T06:32:41+00:00February 5th, 2020|Case Digests|Comments Off on Paramount Insurance Corp. v. A.C. Ordoñez Corp.

Alemar’s Sibal & Sons, Inc. v. Hon. Elbinias

G.R. No. 75414, 4 June 1990 FACTS: On December 11, 1984, private respondent G.A. Yupangco and Co. Inc. (G.A. Yupangco) filed an action with respondent trial court for collection of a sum of money with prayer for damages and preliminary attachment against Alemar’s Bookstore, a business entity owned and managed by petitioner Alemar’s Sibal & [...]

By |2020-02-28T06:24:43+00:00February 5th, 2020|Case Digests|Comments Off on Alemar’s Sibal & Sons, Inc. v. Hon. Elbinias

Iglesia Filipina Independiente v. Heirs of Taeza

G.R. No. 179597, 3 February 2014 FACTS: Iglesia Filipina Independiente was the owner of a parcel of land described as Lot 3653, containing an area of 31,038 square meters, situated at Ruyu (now Leonarda), Tuguegarao, Cagayan, and covered by Original Certificate of Title No. P-8698. The said lot is subdivided as follows: Lot Nos. 3653-A, [...]

By |2020-02-28T06:22:53+00:00February 5th, 2020|Case Digests|Comments Off on Iglesia Filipina Independiente v. Heirs of Taeza

Fausto v. Multi Agri-forest and Community Development Cooperative

G.R. No. 213939, 12 October 2016 FACTS: Multi Agri-Forest and Community Development Cooperative (respondent) is a registered credit cooperative wherein Lylith Fausto (Lylith), Jonathan Fausto (Jonathan), Rico Alvia (Rico), Arsenia Tocloy (Arsenia), Lourdes Adolfo (Lourdes) and Anecita Mancita (Anecita)(collectively, the petitioners) are active members. Lylith obtained a loan from the respondent in the amount of [...]

By |2020-02-28T06:12:24+00:00February 5th, 2020|Case Digests|Comments Off on Fausto v. Multi Agri-forest and Community Development Cooperative

George v. Holy Trinity College, Inc.

G.R. No. 190408, 20 July 2016 FACTS: The Holy Trinity College Grand Chorale and Dance Company (the Group) was organized in 1987 by Sister Teresita Medalle (Sr. Medalle), the President of respondent Holy Trinity College in Puerto Princesa City. The Grand Chorale and Dance Company were two separate groups but for the purpose of performing [...]

By |2020-02-28T06:03:46+00:00February 5th, 2020|Case Digests|Comments Off on George v. Holy Trinity College, Inc.

Yap, Sr. v. Siao

G.R. Nos. 212493, 1 June 2016 FACTS: These consolidated cases arose from a Complaint for Specific Performance filed by petitioners Cebu South Memorial Gardens, Inc. and Gabriel Yap, Sr., both represented by Gilbert Yap against respondents Honeylet Siao and Letecia Siao on 27 April 1999. Gilbert Yap, in his own behalf, Gabriel Yap, Jr. and [...]

By |2020-02-28T06:02:37+00:00February 5th, 2020|Case Digests|Comments Off on Yap, Sr. v. Siao

Bank of Commerce v. Heirs of Rodolfo Dela Cruz

G.R. No. 211519, 14 August 2017 FACTS: Plaintiff Dela Cruz is the sole owner and proprietor of the Mamertha General Merchandising (Mamertha), an entity engaged in sugar trading since 1970. He maintained a bank account with defendant Panasia Banking, Inc. (Panasia). Dela Cruz discovered that Panasia allowed his son to withdraw money from the said [...]

By |2020-02-28T05:52:46+00:00February 5th, 2020|Case Digests|Comments Off on Bank of Commerce v. Heirs of Rodolfo Dela Cruz

Bank of Commerce v. Radio Philippine Network, Inc.

G.R. No. 195615, 21 April 2014 FACTS: Traders Royal Bank (TRB) proposed to sell to petitioner Bank of Commerce (Bancommerce) for its banking business consisting of specified assets and liabilities. Bancommerce agreed subject to prior BSP’s approval of their Purchase and Assumption (P & A) Agreement. The BSP approved that agreement subject to the condition [...]

By |2020-02-28T05:51:42+00:00February 5th, 2020|Case Digests|Comments Off on Bank of Commerce v. Radio Philippine Network, Inc.

Commissioner of Internal Revenue v. Bank of Commerce

G.R. No. 180529, 13 November 2013 FACTS: Bank of Commerce (BOC) and Traders Royal Bank (TRB) executed a Purchase and Sale Agreement5 whereby it stipulated the TRB’s desire to sell and the BOC’s desire to purchase identified recorded assets of TRB in consideration of BOC assuming identified recorded liabilities. Under the Purchase and Sale Agreement, [...]

By |2020-02-28T05:50:48+00:00February 5th, 2020|Case Digests|Comments Off on Commissioner of Internal Revenue v. Bank of Commerce

Bank of the Philippine Islands v. Lee

G.R. No. 190144, 1 August 2012 FACTS: On April 26, 1988, Carlito Lee filed a complaint for sum of money with damages and application for the issuance of a writ of attachment against Trendline and Buelva before the RTC, seeking to recover his total investment in the amount of P5.8 million. Lee alleged that he [...]

By |2020-02-28T05:49:04+00:00February 5th, 2020|Case Digests|Comments Off on Bank of the Philippine Islands v. Lee
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