G.R. No. 174353, 10 September 2014 FACTS: Nestor Ching and Andrew Wellington filed a Complaint with the RTC of Olongapo City on behalf of the members of Subic Bay Golf and Country Club, Inc. (SBGCCI) against the said country club and its Board of Directors and officers. The complaint alleged that SBGCCI sold shares to [...]

G.R. No. 157479, 24 November 2010 FACTS: Philip Turner and Elnora Turner (the Turners) held 1,010,000 shares of stock of Lorenzo Shipping Corp. (LSC). LSC decided to amend its articles of incorporation to remove the stockholders pre-emptive rights to newly issued shares of stock. Feeling that the corporate move would be prejudicial to their interest [...]

G.R. No. 177549, 18 June 2009 FACTS: The families Yu and Yukayguan were all stockholders of Winchester Industrial Supply, Inc. (Winchester, Inc.), a domestic corporation engaged in the operation of a general hardware and industrial supply and equipment business. Anthony Yu is the older half-brother of Joseph Yukayguan. The Yukayguan family accused the Yu family [...]

G.R. No. 165744, 11 August 2008 FACTS: Petitioner and private respondent were siblings together with two others, namely Pedro and Anastacia, in a family business established as Zenith Insurance Corporation (Zenith), from which they owned shares of stocks. The Pedro and Anastacia subsequently died. The former had his estate judicially partitioned among his heirs, but [...]

G.R. No. L-33320, 30 May 1983 FACTS: The petitioner requested from the respondent that he be allowed to examine the records of the latter. Petitioner claimed that he wanted to determine the veracity of reports that the respondent has guaranteed the obligation of another corporation in the purchase of a sugar mill and that the [...]

G.R. No. 162924, 4 February 2010 FACTS: Petitioner is the registered owner of a piece of land situated in Pasig City, bounded by Meralco Avenue, Ortigas Avenue, Doña Julia Vargas Avenue, and Valle Verde Subdivision. On December 6, 1999, petitioner, represented by its Chairman and President, Ronaldo Salonga, and ECRM Enterprises, represented by its proprietor, [...]

G.R. No. 77860, 22 November 1988 FACTS: Respondent offered in writing to resign as President and Member of the Board of Directors of petitioner, Boman Environmental Development Corporation (BEDECO), and to sell to the company all his shares, rights, and interests therein for P 300,000 plus the transfer to him of the company's Isuzu pick-up [...]

G.R. No. 163825, 13 July 2010 FACTS: On July 22, 1997, petitioner spouses Rosendo Maglasang and Patrocinia Monilar obtained a loan from PCRB for ₱1,070,000.00. The subject loan was evidenced by a promissory note and was payable on January 18, 1998. To secure the payment of the subject loan, the spouses Maglasang executed, in favor [...]

G.R. No. 123650, 23 March 2009 FACTS: Inland Construction and Development Corp. obtained various loans and other credit accommodations from petitioner, then known as Associated Citizens Bank (which later became Westmost Bank) in 1977. To secure the payment of its obligations, Inland executed real estate mortgages over three real properties in Pasig City. Inland likewise [...]

G.R. No. 148444, 14 July 2008 FACTS: On April 21, 1988, the spouses Eduardo and Ma. Pilar Vaca (spouses Vaca) executed a Real Estate Mortgage (REM) in favor of the petitioner over their parcel of residential land with an area of 953 sq. m. and the house constructed thereon, located at Green Meadows Subdivision 1, [...]