G.R. No. 161886, 16 March 2007 FACTS: FilPort is a domestic corporation engaged in stevedoring services with principal office in Davao City. In 1992, petitioner Eliodoro Cruz, Filport’s president from 1968 he lost his bid for re-election as Filport’s president during the general stockholders’ meeting in 1991, wrote a letter to the corporation’s Board of [...]

G.R. No. 144805, 8 June 2006 FACTS: The Eternit Corporation (EC) is a corporation duly organized and registered under Philippine laws. Since 1950, it had been engaged in the manufacture of roofing materials and pipe products. Ninety (90%) percent of the shares of stocks of EC were owned by Eteroutremer S.A. Corporation (ESAC), a corporation [...]

G.R. No. 120138, 5 September 1997 FACTS: The late Manuel A. Torres Jr. was the majority stockholder of Tormil Realty & Development Corporation while private respondents who are the children of Judge Torres’ deceased brother Antonio A. Torres, constituted the minority stockholders. In 1984, Judge Torres, in order to make substantial savings in taxes, adopted [...]

G.R. No. 113032, 21 August 1997 FACTS: Private respondents, Ricardo T. Salas, Salvador T. Salas, Soledad Salas-Tubilleja, Antonio S. Salas, and Richard S. Salas, belonging to the same family, are the majority and controlling members of the Board of Trustees of Western Institute of Technology, Inc. (WIT), a stock corporation engaged in the operation, among [...]

G.R. No. 115849, 24 January 1996 FACTS: In the course of its banking operations, the defendant Producer Bank of the Philippines acquired 6 parcels of land with a total area of 101 hectares located at Don Jose, Sta. Rosa, Laguna and covered by TCT No. T-106932 to T-106937. The property used to be owned by [...]

G.R. No. 69999, 30 April 1991 FACTS: Private respondent Fujiyama Hotel & Restaurant, Inc. was formally organized in April, 1978 with Aquilino Rivera holding a majority interest in the corporation. The rest of the four (4) incorporators composed the minority stockholders of respondent corporation. Upon organization in 1978, respondent corporation immediately opened a Japanese establishment, [...]

G.R. No. L-54330, 13 January 1989 FACTS: State Investment House entered into a sales agreement with Sipalay Mining whereby the latter sold to the former 200M common shares of its capital stock, on the condition that State Investment shall not sell more than 1M shares per buyer. Subsequently, the restriction on the sale of the [...]

G.R. No. L-48237, 30 June 1987 FACTS: Madrigal & Company, Inc. (MCI) manages the business of another corporation, Rizal Cement Co., Inc. (RCC). In 1973, a labor union in MCI sought the renewal of the collective bargaining agreement (CBA). The union proposes a P200.00 monthly wage increase and an additional P100 monthly allowance. MCI refused [...]

G.R. No. 122174, 3 October 2002 FACTS: Respondent Refractories Corporation of the Philippines (RCP) is a corporation duly organized on October 13, 1976. On June 22, 1977, it registered its corporate and business name with the Bureau of Domestic Trade.Petitioner IRCP was incorporated on August 23, 1979 originally under the name "Synclaire Manufacturing Corporation". It [...]

G.R. No. 184008, 3 August 2016 FACTS: Filipino-Indian Chamber of Commerce of the Philippines, Inc. (defunct FICCPI) was originally registered with the SEC as Indian Chamber of Commerce of Manila, Inc. on November 24, 1951. On October 7, 1959, it amended its corporate name into Indian Chamber of Commerce of the Philippines, Inc., and further [...]