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Showing 1–9 of 9 articles for “share sale”

Oral Share Sale Agreements in the Philippines: Enforceability and Remedies After Breach

Learn when oral agreements to sell shares are enforceable in the Philippines, and the remedies available when a seller backs out.

Tax-Free Exchanges and Capital Gains Tax: Lessons from a Landmark Supreme Court Ruling

The Supreme Court clarifies when a tax-free exchange followed by a share sale is subject to capital gains tax, not income tax.

When a Right to Top Fails: Severability and Conditional Obligations in Share Sales

A Supreme Court ruling clarifies how severability clauses and conditional obligations determine bidder rights when a preferential right is voided.

Donor's Tax on Share Sales: Fair Market Value and Donative Intent

Supreme Court rules on donor's tax for share sales below book value, fair market value determination, and CTA jurisdiction.

Stock Certificate Delay: When Rescission of Share Sale Is Allowed

Philippine Supreme Court clarifies rescission rules for delayed stock certificate issuance and who must return payments in share sales.

Rescission of Share Sale: When Broken Promises Do Not Justify Annulment

A Supreme Court ruling on when disappointed investors can—and cannot—rescind a stock sale for fraud or breach.

Brokers Breach Unauthorized Stock Sales AND Fiduciary Duty IN Philippine LAW

Philippine Supreme Court clarifies stockbroker liability for unauthorized share sales and fiduciary duties under the Civil Code.

Timeshare Contracts and SEC Registration: What Buyers Should Know

Supreme Court clarifies that unregistered timeshare sales violate the Securities Act, and buyers may rescind such contracts.

Perfecting Contracts: Consent and the Statute of Frauds in Share Sales

A Supreme Court ruling explains when letters become a binding share sale contract and what the Statute of Frauds requires.