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Affirmative Duties

This document provides an outline for a Corporation Law course that will take place on Tuesdays from 5:30 PM to 9:30 PM. It lists various topics that will be covered, including duties of directors and controlling stockholders, rights of inspection, derivative suits, financing the corporation, consideration for issuances of shares, dividends, purchase by corporation of shares, amendments to charter, transfer of shares, dissolution, corporate combinations, foreign corporations, and miscellaneous issues. Numerous legal cases are cited under each topic as reference materials.

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Leo Garcia
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142 views4 pages

Affirmative Duties

This document provides an outline for a Corporation Law course that will take place on Tuesdays from 5:30 PM to 9:30 PM. It lists various topics that will be covered, including duties of directors and controlling stockholders, rights of inspection, derivative suits, financing the corporation, consideration for issuances of shares, dividends, purchase by corporation of shares, amendments to charter, transfer of shares, dissolution, corporate combinations, foreign corporations, and miscellaneous issues. Numerous legal cases are cited under each topic as reference materials.

Uploaded by

Leo Garcia
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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CORPORATION LAW

Part 2
Tuesdays 5:30 P.M. – 9:30 P.M.

DUTIES OF DIRECTORS AND CONTROLLING STOCKHOLDERS

 Otis & Co. vs Pennsylvania R. Co., et al, 61 F. SUPP. 905


 Montelibano, et, al, vs. Bacolod-Murcia Milling Co. Inc 5 SCRA 36
 Philippine Stock Exchange, Inc,. vs,. CA, 281 SCRA 232
 Litwin (Rosmarine, et, al.Interveners vsAllen, et, al, 25 N.Y.S. 2d 667
 Walker vs. Man, et, al, 253 NYS 458
 Steinberg vs. Velasco, 52 Phil 953
 Barnes vs. Andrews , 298 F. 614
 Pool vs. Pool, et, al 22 SO 2d 131
 Foster vs. Bowen, et al, 41 NE 2d 181
 Lowell Hoit & Co., vs Detig, et al,50 N.E. 2d 602
 Dates vs. Dresser, 251 US 524
 Palting vs. San Jose Petroleum, Inc., 18 SCRA 924
 Mead vs. E.C., McCulough, et al, 21 Pihl 95
 Piccard vs. Sperry Corporation, et al, 48 F. Suppl. 465
 Government of zthe Philippines vs. El Hogar Filipino, 50 Phil 399
 Barretto vs. La Previsora Filipina, 57 Phil 649
 Central Cooperative Exchange , Inc, Tibe,33 SCRA 593
 Fogelson vs. America Woolen Co., 170 F. 2D 560
 Kerb vs. California Eastern Airways, 90 A 2d 652
 Strong, et al vs. Guttierrez Repide, 41 Phil 927
 Taylor vs. Wright, 159 P. 2d 980
 Gokongwei vs. SEC, 89 SCRA 336
 Singer vs. Cartisle, 26 NYS 2d 172
 Irving Trust Co., vs, Deutsch, 73 F 2d 121
 Globe Co. vs. Utica Gas & Electric Co. 121 NE 378
 Insuranshare Corporation vs. Northern Fiscal, 35 F. Supp. 22

THE RIGHT OF NSPECTION

 W.G Philpotts vs. Philippine Manufactoring Co., and F.N. Berry , 40 Phil
471
 Pardo vs. Hercules Lumber Co., et al, 47 Phil 965
 Gonzales vs. PNB, 122 SCRA 489
 Veraguth vs. Isabela Sugar Co., 57 Phil 266
 Gkongwei vs. SEC. 89 SCRA 336
 Slay vs. Polonia Publishing Co., 229 NW 434
 Klein vs. Scranton Life Ins. Co et al., 11 A 2d 770
 Yujuico vs. Quiambao, 724 SCRA 262

DERIVATIVE SUITS

 Pascual vs. Orozco, 19 Phil 82


 Evangelista vs. Santos, 86 Phil 837
 Liken vs. Shaffer, et al., 64 F. Supp. 432
 Keenan vs. Eshleman, et al., 2 A 2d 904
 Otis & Co., vs. Eshleman, et al., 57 F. Supp. 680
 Republic Bank vs. cuaderno, 19 SCRA 671
 Reyes vs. Tan, 3 SCRA 198
 Chase vs. Court of First Instance of Manila, 18 SCRA 602
 Holmes vs. Camp, et al., 180 A 2d 409
 Gamboa vs. Victoriano, 90 SCRA 40
 San Miguel vs. Kahn, 176 SCRA 447
 Villamor, Jr. vs. umale, 736 SCRA 325
 Ang vs. Ang, 699 SCRA 272
 Cua, Jr. vs. Tan, 607 SCRA 648

FINANCING THE CORPORATION

 Ellingwood vs. Wolf’s Head Oil Refining Co., Inc, 38 A 2d 743


 Hay vs. Hay, 230 P. 2d 791
 Garcia v. Lim Chu Sing, 59 Phil 562
 Utah Hotel Co., vs. Madsen, 134 Pac 557
 Wallace vs. Eclipse Pocahontas Coal Company, et al., 98 SE 293
 Bayla vs. Silang Traffic Co.m Inc. 73 PHIL 557
 Datu Tagoranao Benito vs. SEC. 123 SCRA 722
 Stokes v. Continental Trust Co., 78 NE 1090
 Thom, et al, vs. Baltimore Trust Co., 138 A. 234
 Fuller vs. Krogh,113 NW 2d 25
 Dunlay vs. Avenue M. Garage & Repair Co., Inc, et al., 170 NE 917
 Ross Transport Inc., et al., vs. Crothers et, al., 45 A. 2d 267
 Meritt-Chapman & Scott Corp. vs. New York Trust Co., 184 F. 2d 954
 John Kelley Co., vs. Commissioner of Int. Revenue. 362 US 521
 Jordan Co. vs. Allen, Collector of Internal Revenue, 85 F. Sup. 437
 Aladdin Hotel Co. vs. Bloom, 200 F. 2d 627

CONSIDERATION FOR ISSUANCES OF SHARES

 Triplex Shoe Co., et al. vs. Rice & Hutchins, Inc. et al. 152 A 342
 McCarty vs. Langdeau, 337 SW 2d 407
 Rhode vs. Dock-Hop Co., et al., 194 P. 11
 Bing Krosby Minute Maid Corp. vs Eaton, Sr., 46 Cal 2d 484
 Velasco vs. Poizat, 37 Phil. 802
 Lingayen Gulf Electric Power Co., Inc vs. Baltazar, 93 Phil 404
 Miranda vs. Tarlac Rice Mill Co., Inc. G.R., 35961 (December 2, 1932)
 Da Silva vs. Aboitiz & Co.,Inc., 44 Phil. 601
 Lumanhan vs. Cura, et al., 59 Phil. 601
 Lumanian vs. Cura, et al., 59 Phil. 746
 Fua Cun vs. Summers and China Banking Corporation, 44 Phil. 705)
 Baltazar vs. Lingayen Gulf Electric Power Co., Inc. 14 SCRA 522
 Nava vs. Peers Marketing Corporation, 74 SCRA 65

DIVIDENDS PURCHASE BY CORPORATION OF SHARES

 Nielson & Company, Inc. vs. Lepanto Consolidated, 26 SCRA 540


 Berks Broadcasting vs. Cramer, 52 A. 2d 571
 Lich vs. United States Rubber Co., 39 F. Supp. 675
 Keough vs. St. Paul Milk co., 285 NV 809
 Dodge vs. Ford Motor Co., 170 NW 668
 Burk vs. Otawa Gas & Electric Co., 123 Pac 875
 McLaran vs. Crescent Planning , 93 SW 819
 Turner vs. Lorenzo Shipping Corporation, 636 SCRA 13

AMMENDMENTS TO CHARTER

 Marcus vs. RH, Macy, 74 NE 2d 228


 Philippine Trust Co. vs. Rivera, 44 Phil 469

TRANSFER OF SHARES

 Uson vs. Diomosoto, 61 Phil 535


 Escano vs. Filipinas Mining Corporation, 74 Phil 711
 Rivera vs. Florendo , 144 SCRA 647
 Nautica Canning Corp. vs Yumol, 473 SCRA 415
 Razon vs. IAC, 207 SCRA 235, 207 SCRA 234
 Rural Bank of Salinas vs. CA. 210 SCRA 511
 Santamaria vs. HSBC, 89 Phil 472
 Makati Sports Club, Inc. vs. Cheng, 621 SCRA 103
 Bitong vs. CA. 292 SCRA 503
 Torres vs. CA,. 278 SCRA 793
 SME Bank, Inc. vs. De Guzman, 707 SCRA 242

DISSOLUTION

 Financing Corporation of the Philippine vs. Teodore, 93 Phil 678


 RP vs. Bisaya Land Transportation Co., Inc., 81 SCRA 9
 Gonzales vs. Sugar Regulatory Adm., 174 SCRA 377
 Pepsi-Cola Products Philippines, Inc. vs. CA, 443 SCRA 580
 National Abaca & Other Fibers Corporation vs. Pore, 2 SCRA 989
 China Banking Corporation vs. Michelin & Cie, 58 Phil 261
 Republic vs. Marsman Development Company, 44 SCRA 418
 Tan Tiong Bio vs. CIR, 4 SCRA 986
 Aguirre II vs. FQB+7, Inc. 688 SCRA 242

CORPORATE COMBINATIONS

 Reyes et. al., vs Blouse, et. al. 91 Phil 305


 Edward J. Neil vs. Pacific Farms, 15 SCRA 415
 Bank of Commerce vs. Radio Philippines Network, Inc., 721 SCRA 520

FOREIGN CORPORATIONS

 Marshall-Wells Co., vs. Elser, 46 Phil 71


 Columbia Pictures vs. CA. 261 SCRA 144
 General Garments vs. Dir. Of Patents, 41 SCRA 50
 Le Chemise Lacoste vs. Fernandez, 129 SCRA 373
 Litton Mills vs. CA. 256 SCRA 696
 Mentholatum vs. Mangaliman, 72 Phil 524
 Agilent Technologies Singapore (Pte) Ltd. Vs. Integrated Silicon
Technology Philippines Corporation, 427 SCRA 593
 Merryl Lynch Futures, Inc. vs. CA, 211 SCRA 824
 Top Weld Manufacturing, Inc. vs. ECED, SA, 138 SCRA 118
 Antam Consolidated vs. CA, 143 SCRA 288
 Cargill, Inc. vs. Intra Strata Assurance Corporation, 615 SCRA 304

MISCELLANEOUS

 Barlin vs. Ramirez, 7 Phil 41

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