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Business Judgment Rule

The will of the majority of the Board members control corporate affairs and contracts intra vires and the courts will not interfere unless such contracts are unconscionable and oppressive amounting to destruction of rights of minority. – Ingersoll vs. Malabon Sugar and Lucia Magaling vs. Peter Ong

Published: May 21, 2022
Modified: May 21, 2022
5:28 pm
Corporation Law

Bryan Villarosa

Repository of law school notes | Real estate salesperson and financial advisor.

La Bugal B’laan Tribal Association vs. DENR Secretary Digest

April 11, 2022

This is a case that answers the question: “Do our tribes get an equitable share from mining activities?” In this case, the defendant is one

Treasury Shares

May 21, 2022

Treasury shares are those previously issued by the company and fully paid by subscribers but are subsequently reacquired by the issuing corporation through PDFRL (purchase,

Bambalan vs. Maramba Digest

October 5, 2022

Facts Bambalan signed a document executing a transfer of land of ownership to Maramba. After some time, Bambalan then asserted that the transfer was invalid

I Won’t Demolish My Walls | Aneco Realty v. Landex Development

September 13, 2021

G.R. No. 165952, July 28, 2008 Petitioner Aneco bought 22 lots and Landex 17 lots from the same developer. Landex started construction of a concrete

Caveat Emptor

November 7, 2021

the purchaser acquires no higher or better right that the seller.

EPZA vs. CHR

May 24, 2022

Export Processing Zone Authority vs. CHRG.R. No. 101476, 14 April 1992 Facts Certain parcels of land in Cavite were designated as Export Processing Zones by

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