Legal Insights

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.

Protecting Property Rights When Courts CAN Order Padlocks Pending Litigation

Learn when corporate rehabilitation stay orders can cover properties owned by stockholders, not just the corporation, under Philippine law.

Piercing the Corporate Veil: When Can a Stockholder’s Assets Answer for Corporate Debts

The Supreme Court clarifies that stockholders are not automatically liable for corporate debts, even in close corporations, and explains when personal assets may be reached.

Piercing the Corporate Veil: When Can Stockholders Be Held Liable for Corporate Debts

The Supreme Court clarifies that stockholders of a close corporation are not automatically personally liable for corporate debts, explaining the limits of piercing the corporate veil.

Stockholder Inspection Rights Corporations Cannot Enjoin Access Preemptively

Philippine Supreme Court ruling: corporations cannot use injunction to preemptively block stockholders' statutory right to inspect corporate books and records.

Stockholders' Right to Inspect Corporate Records vs. Corporate Injunction: Key Insights from PASAR v. Lim

Explore the Supreme Court's ruling in PASAR v. Lim on why corporations cannot use injunction to block stockholders' inspection rights under Section 74.

Prescription in Intra-Corporate Disputes: The 15-Day Rule for Election Contests

Philippine Supreme Court clarifies that actions to nullify stockholders' meetings and elections are election contests subject to the 15-day prescriptive period.

Derivative Suits vs Individual Stockholder Claims: Florete v. Florete

Philippine Supreme Court clarifies when stockholders must file derivative suits rather than individual actions for corporate wrongs.

Right to Inspect Corporate Books: Protecting Minority Stockholders' Interests in Philippine Corporations

A stockholder's right to inspect corporate books under the Corporation Code, explained through the Supreme Court's ruling in Terelay Investment v. Yulo.

Arbitration Agreements and the Corporate Veil: When Stockholders Are Not Bound by Company Disputes

Philippine Supreme Court ruling on when arbitration clauses bind only signatory parties, not corporate stockholders shielded by the corporate veil.

Piercing the Corporate Veil in Loan Agreements: What the Supreme Court Requires

The Supreme Court clarifies when courts may pierce the corporate veil to hold stockholders personally liable for corporate loans.

Corporate Dissolution and Intra-Corporate Disputes: Preserving Stockholder Rights

The Supreme Court clarifies that corporate dissolution does not extinguish intra-corporate disputes or the rights of stockholders to pursue them.

Corporate Liquidation and Minority Rights in Distressed Corporations

A Supreme Court ruling on how rehabilitation proceedings protect minority stockholders from majority abuse in distressed corporations.

Piercing the Corporate Veil: When Stockholders Become Liable for Corporate Debts in the Philippines

Philippine Supreme Court clarifies when stockholders may be held personally liable for corporate debts, including unpaid subscriptions and the trust fund doctrine.

Unrestricted Retained Earnings and the Appraisal Right of Dissenting Stockholders

When can a dissenting stockholder sue to collect the fair value of shares? The Supreme Court clarifies the timing rule.

Sheriff’s Authority and Corporate Personality: Limits in Executing Judgments

A sheriff cannot levy a corporation’s property to satisfy a judgment against its stockholders. Learn the limits of execution.

Immediate Execution of Damages: Protecting Corporate Dissenting Stockholders' Rights

Philippine Supreme Court clarifies that awards for exemplary damages and attorney's fees in intra-corporate disputes are not immediately executory pending appeal.

Retroactivity of Laws and Vested Rights in Bank Liquidation: PDIC v. Stockholders of Intercity Bank

When can a new law apply to an ongoing bank liquidation? The Supreme Court explains the rule on retroactivity and vested rights.

Stockholders' Right to Inspect Corporate Records: When Refusal Becomes a Crime

Explore the Supreme Court ruling on stockholders' inspection rights, prejudicial questions, and criminal liability for refusing access to corporate books.

Shareholder Rights vs Corporate Autonomy: When Can a Stockholder Intervene in a Corporate Dispute

Philippine Supreme Court clarifies when stockholders may intervene in corporate disputes, emphasizing the separate legal personality of corporations.

Corporate Dissension and Interim Management Committees: Protecting Minority Stockholders

When can a court appoint an interim management committee over a corporation? The Supreme Court explains in Jacinto v. First Women's Credit Corporation.

Binding Corporations: When Board Resolutions Matter in Contractual Agreements

Philippine Supreme Court ruling on corporate personality, board resolutions, and when stockholders can sue—explained in plain language.

Corporate Governance and Stockholder Rights: Lessons from Marubeni v. Lirag

The Supreme Court clarifies that stockholders must prove their claims by preponderance of evidence and cannot rely on speculation or corporate veil piercing.

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.