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Showing 25–48 of 322 articles for “corporation”

Can Religious Corporations Own Land in the Philippines? The RVM Case Explained

Learn how the Supreme Court's RVM ruling clarifies constitutional limits on religious corporations acquiring public land in the Philippines.

Condominium Foreclosure Special Authority Imperative FOR Extrajudicial Sales

Philippine Supreme Court clarifies that condominium corporations need special authority to extrajudicially foreclose units for unpaid dues.

Philippine Taxation: Source of Income for Satellite Communication Services

Supreme Court rules satellite air time fees paid to non-resident foreign corporation are Philippine-sourced income subject to final withholding tax.

Piercing the Corporate Veil: Jurisdiction First, Liability Later

Supreme Court clarifies that courts must first acquire jurisdiction over a corporation before applying the piercing the corporate veil doctrine to hold owners liable.

Upholding Final Judgments: The Prohibition Against Defiance of Court Orders

The Supreme Court reiterates that final judgments are immutable and must be obeyed, even by government entities, in National Steel Corporation v. City of Iligan.

Corporate Officers Criminally Liable for Customs Fraud: Fernandez v. People

Corporate officers cannot hide behind a corporation to escape criminal liability for customs fraud, the Supreme Court ruled in Fernandez v. People.

Dead Incorporator in Articles of Incorporation: When Misrepresentation Is Not Fraud

The Supreme Court clarifies when a deceased incorporator in the Articles of Incorporation warrants revocation, and when amendment suffices.

Reclaimed Lands and Constitutional Limits: The Central Bay Case on Corporate Land Ownership

The Supreme Court voids a compromise agreement transferring reclaimed land to a private corporation's assignee, upholding constitutional bans on corporate land ownership.

Corporate Dissolution and Property Rights: Clarifying Successor Liability in Land Disputes

The Supreme Court clarifies when dissolved corporations and their officers can be held liable for delivering property titles in subdivision disputes.

Corporate Opportunity Doctrine: Directors Cannot Take Business Deals for Themselves

Supreme Court clarifies when corporate directors breach their duty of loyalty by taking business opportunities meant for the corporation.

Corporate Veil and Judgment Execution: Can a Successor Corporation Be Held Liable?

When a judgment debtor's assets pass to another corporation, can the winner enforce the judgment against the successor? The Supreme Court explains.

Due Process in Local Tax Assessments: Lessons from the National Power Corporation Case

The Supreme Court clarifies that local governments must observe due process in tax assessments, as shown in the National Power Corporation case.

Pre-Incorporation Contracts and Personal Liability: Lessons from Hao v. Galang

When does a corporate officer become personally liable for pre-incorporation contracts? The Supreme Court clarifies agency rules in Hao v. Galang.

PCSO Benefits Disallowed: Upholding Fiscal Responsibility in Government-Owned Corporations

The Supreme Court affirms COA's disallowance of unauthorized benefits paid to LBP subsidiary board members, clarifying rules on double compensation and corporate governance.

Examining Judgment Debtors: How Courts Can Enforce Judgments Against Elusive Corporations

Winning a lawsuit is only half the battle. Learn how Philippine courts can examine corporate officers to enforce judgments against elusive debtors.

Understanding the Limits of Medical Benefits for Government Employees in the Philippines

The Supreme Court clarifies when government-owned corporations may grant medical benefits to employees—and why presidential approval matters.

Understanding Liability for Just Compensation in Philippine Expropriation Cases: Insights from a Landmark Ruli

When government corporations take over assets, who pays just compensation? The Supreme Court clarifies liability rules in expropriation cases.

Capital Reduction Rules in the Philippines: What Shareholders Should Know After Metroplex v. Sinophil

The Supreme Court clarifies the requirements for reducing corporate capital stock under Section 38 of the Corporation Code, and limits SEC review.

Shareholder Death and Corporate Meetings: Quorum and Voting Rights Under Philippine Law

How a shareholder's death affects quorum and voting rights in Philippine corporations, explained through the Supreme Court's ruling in Mallare v. A&E Industrial Corporation.

Understanding the Limits of Government Audit Jurisdiction: Insights from the Pagcor Case

The Supreme Court clarifies the scope of COA audit jurisdiction over government-owned or controlled corporations and their subsidiaries.

Salary Increases in GOCCs: Understanding the Legal Boundaries After Small Business Corporation v. COA

The Supreme Court clarifies when salary increases in government-owned corporations violate the EO No. 7 moratorium and who must return disallowed amounts.

Navigating the Fine Line: Gross Inexcusable Negligence in Public Office

The Supreme Court clarifies when a public officer's acts amount to gross inexcusable negligence under the Anti-Graft Law, using a sequestered corporation case.

Understanding Apparent Authority: How Corporate Actions Bind Agreements in the Philippines

The Supreme Court explains when a corporation is bound by an officer's acts under the doctrine of apparent authority.

Understanding the Impact of Stay Orders on Corporate Rehabilitation in the Philippines

The Supreme Court clarifies when a stay order suspends collection cases against a corporation under rehabilitation, and when creditors may proceed.