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Showing 1–3 of 3 articles for “club share”

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Jun 19, 2013 beneficial ownership trust resulting trust corporation employee benefits club membership

Beneficial Ownership When Trust Relationships in Corporate Benefits Prevail

When a company buys a club share in an employee's name, who truly owns it? The Supreme Court explains trust relationships and beneficial ownership.

Oct 9, 2006 trust law fiduciary duty club shares civil code partnership ownership dispute

Breach of Trust Ownership of Club Shares and Fiduciary Duties in Philippine Law

When a club share is transferred temporarily, a trust is created. The Supreme Court explains ownership, fiduciary duties, and the rules on implied trusts in Philippine law.

Mar 6, 2006 sequestration pcgg receiver ill-gotten wealth sandiganbayan civil-law

Receivers' Duty to Preserve Sequestered Assets: Lessons from Republic v. Benedicto

When the PCGG sequestered Benedicto's golf club shares, unpaid dues led to their auction. The Court ruled receivers must preserve asset value.