G.R. No. 180416, 2 June 2014 FACTS: During the annual stockholder’s meeting of STRADEC, petitioner Yujuico was elected as president and chairman of the company. Yujuico replaced Quiambao, the respondent. STRADEC appointed Sumbilla as Treasurer and Blando as Corporate Secretary. During the stockholders’ meeting, Yujuico demanded Quiambao for the turnover of the corporate records of [...]
G.R. Nos. 172222, 11 November 2013 FACTS: In 1972, Eastern Extension Australasia and China Telegraph Company, Ltd. (Eastern Extension), a subsidiary of foreign-owned Cable & Wireless, Ltd., got instructions from the Marcos government to reorganize its telecommunications business in the Philippines into a 60/40 corporation in favor of Filipinos. This prompted Eastern Extension to negotiate [...]
G.R. No. 202079, 10 June 2013 FACTS: Petitioner Fil-Estate Golf and Development, Inc (FEGDI) is a stock corporation engaged in the development of golf courses. and FIL-ESTATE LAND, INC. (FELI) is also a stock corporation but is engaged in real estate development. FEGDI was the developer of the Forest Hills Golf and Country Club (Forest [...]
G.R. No. 170770, 9 January 2013 FACTS: Vitaliano filed, in his individual capacity and on behalf of FQB+7, Inc. (FQB+7), a Complaint4ςrνl1 for intra-corporate dispute, injunction, inspection of corporate books and records, and damages, against respondents Nathaniel D. Bocobo (Nathaniel), Priscila D. Bocobo (Priscila), and Antonio De Villa (Antonio). To Vitaliano's knowledge, except for the [...]
G.R. No. 170783, 18 June 2012 FACTS: Pursuant to the by-laws of Legaspi Towers 300, Inc., petitioners, incumbent Board of Directors, set the annual meeting of the members of the condominium corporation and the election of the new Board of Directors. However, petitioners adjourned the meeting for lack of quorum. The group of respondents challenged [...]
G.R. No. 165887, 6 June 2011 FACTS: Ruby Industrial Corporation (RUBY) is a domestic corporation engaged in glass manufacturing. The SEC issued an order declaring RUBY under suspension of payments and enjoining the disposition of its properties pending hearing of the petition, except insofar as necessary in its ordinary operations, and making payments outside of [...]
G.R. No. 177066, 11 September 2009 FACTS: Carlos L. Puno, who died on June 25, 1963, was an incorporator of respondent Puno Enterprises, Inc. On March 14, 2003, petitioner Joselito Musni Puno, claiming to be an heir of Carlos L. Puno, initiated a complaint for specific performance against respondent. Petitioner averred that he is the [...]
G.R. No. 168863, 23 June 2009 FACTS: On July 31, 2003, Roberto H. Torres (Roberto), for and on behalf of Honorio Torres & Sons, Inc. (HTSI), filed a Petition for Annulment of Real Estate Mortgage and Foreclosure Sale3 over two parcels of land located in Marikina and Quezon City. The suit was filed against Leonora, [...]
G.R. No. 131394, 28 March 2005 FACTS: The Philippine Merchant Marine School, Inc. (PMMSI) was incorporated, with seven hundred (700) founders’ shares and seventy-six (76) common shares as its initial capital stock subscription reflected in the articles of incorporation. However, private respondents and their predecessors who were in control of PMMSI registered the company’s stock [...]
G.R. No. 131889, 12 March 2001 FACTS: Felix Gochan and Sons Realty Corporation (Gochan Realty) was registered with the SEC with Felix Gochan, Sr., Maria Pan Nuy Go Tiong, Pedro Gochan, Tomasa Gochan, Esteban Gochan and Crispo Gochan as incorporators. Felix Gochan Sr.'s daughter, Alice, mother of respondents, inherited 50 shares of stock in Gochan [...]
