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Showing 1–8 of 8 articles for “sequestered corporation”

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.

Shareholder Rights Upholding Inspection Rights Despite Corporate Disputes

Supreme Court clarifies that stockholders' inspection rights remain enforceable in RTC even when majority shares belong to sequestered corporations.

Corporate Control vs Government Sequestration: Defining Jurisdiction in Intra-Corporate Disputes

When a sequestered corporation faces an intra-corporate dispute, which court has jurisdiction? The Supreme Court clarifies the rules.

Debt-to-Equity Conversions and Stockholder Rights in Sequestered Corporations

The Supreme Court clarifies that ordinary courts lose jurisdiction over disputes involving sequestered corporations, which must be heard by the Sandiganbayan.

Sandiganbayan Jurisdiction Over Sequestered Assets in Partition Disputes

When a sequestered corporation's property shrinks in a partition case, the Sandiganbayan—not ordinary courts—has jurisdiction to protect it.

Sandiganbayan Jurisdiction Over Sequestered Assets: The Del Moral Ruling

Explaining when the Sandiganbayan can annul an RTC ruling affecting sequestered corporations, and what this means for PCGG cases.

Lifting the Veil of Corporate Personality vs PCGG Sequestration Powers

The Supreme Court rules that sequestered corporations must be impleaded in judicial actions; suits against stockholders alone do not suffice.

Piercing the Corporate Veil: When Sequestration of Assets Survives Technical Defects

The Supreme Court clarifies when sequestered corporations must be impleaded and whether a single PCGG commissioner can validly issue a sequestration order.