Lex Rex Ph

Caveat Emptor

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

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Kilosbayan Inc. vs. Morato Digest

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

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Arenas vs. Raymundo Digest

March 13, 1911 Facts Arenas et al delivered their jewelry to Perello for the latter to sell on commission. Instead of selling, Perello pledged the jewelry to the pawnshop of Raymundo, and

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Newsweek vs. IAC

Facts In 1981, the respondent association of sugarcane planters filed a class suit in representation of 8,500 members alleging libel against Newsweek Inc., and two of its reporters. Newsweek is a foreign

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Unrestricted Retained Earnings (URE)

Unrestricted Retained Earnings (URE) are the accumulated profits and gains realized out of the normal and continuous operations of the company after deducting therefrom the distributions of stockholders (legal capital) and transfers

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