Lex Rex Ph

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

Bryan Villarosa

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

Liyao vs. Liyao Digest

June 7, 2022

G.R. No. 138961. March 7, 2002 Facts William Liyao Jr. filed an action for compulsory recognition as the illegitimate son of William Liyao. Corazon, the mother of Liyao Jr. allegedly cohabited with

Kilosbayan Inc. vs. Morato Digest

April 17, 2022

Facts The SC invalidated the Contract of Lease between PCSO and Phil Gaming Mgt Corp (PGMC) on the ground of violation PSCO’s charter. Then, the parties negotiated a new agreement that would

Respect

January 27, 2022

One unavoidable consequence of everyone having the freedom to choose is that others may make different choices – choices we would not make for ourselves, choices we may disapprove of, even choices

Life vs Property

January 27, 2022

The right to life is more sacred than a mere owning a property. That is not to encourage x x x theft, but merely to dull somewhat the … pain-producing edges of

Christian Influence

January 27, 2022

The old socio-political-economic philosophy of live-and-let-live is now superseded by the benign Christian shibboleth of live-and-help others to live. Those who profess to be Christians should not adhere to Cain’s selfish affirmation

Body Language

January 27, 2022

Observing the demeanor of witnesses is the unique opportunity of the trial courts. Appellate (and the Supreme) courts merely rely on records. Truth is established not by quantity of witnesses but by

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