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GOCHAN vs. YOUNG

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  VIRGINIA O. GOCHAN , FELIX Y. GOCHAN III, MAEGOCHANEFANN, LOUISE Y. GOCHAN, ESTEBAN Y.GOCHAN, JR., DOMINIC Y. GOCHAN, FELIX O. GOCHAN III,MERCEDES R. GOCHAN, ALFREDO R. GOCHAN, ANGELINAR. GOCHAN-HERNAEZ, MARIA MERCED R. GOCHAN,CRISPO R. GOCHAN, JR., MARION R. GOCHAN, MACTANREALTY DEVELOPMENT CORPORATION and FELIXGOCHAN & SONS REALTY CORPORATION, petitioners, vs.  RICHARD G. YOUNG , DAVID G. YOUNG, JANE G. YOUNG-LLABAN, JOHN D. YOUNG, JR., MARY G. YOUNG-HSU andALEXANDER THOMAS G. YOUNG as heirs of Alice Gochan; theINTESTATE ESTATE OF JOHN D. YOUNG, SR.; and CECILIA GOCHAN-UY and MIGUEL C. UY, for themselves and on behalf and for the benefit of FELIX GOCHAN & SONS REALTYCORPORATION, respondents. G.R. No. 131889. March 12, 2001. PANGANIBAN, J. Topic:  Piercing the veil of corporate fiction Principles/Doctrines:  The notion of corporate entity will be pierced or disregarded and the individuals composing it will be treated as identical if the corporate entity is...
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DE LA RAMA vs. MA-AO SUGAR

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RAMON DE LA RAM A, FRANCISCO RODRIGUEZ, HORTENCIA SALAS, PAZ SALAS and PATRIA SALAS, heirs of Magdalena Salas, as stockholders on their own behalf and for the benefit of the Ma-ao Sugar Central Co., Inc., and other stockholders thereof who may wish to join in this action, plaintiffs-appellants, vs.   MA-AO SUGAR CENTRAL CO.,  INC., J. AMADO ARANETA, MRS. RAMON S. ARANETA, ROMUALDO M. ARANETA, and RAMON A. YULO, defendants-appellants. G.R. No. L-17504 & L-17506. February 28, 1969. CAPISTRANO, J.   Topic:  Corporate Powers. Express powers. Invest Corporate Funds for Non Primary Purpose Endeavor.   FACTS:  This was a derivative suit commenced by four minority stockholders against the Ma-ao Sugar Centra Co., Inc. and the corporation’s directors The complaint comprising the period November, 1946 to October, 1952, stated five causes of action, Among others, 1. For alleged illegal and ultra-vires acts consisting of self-dealing irregular loans, and unauthorize...
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ARNOLD HALL vs. PICCIO

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ARNOLD HALL  and BRADLEY P. HALL, petitioners, vs. EDMUNDO S. PICCIO , Judge of the Court of First Instance of Leyte, FRED BROWN, EMMA BROWN, HIPOLITA CAPUCIONG, in his capacity as receiver of the Far Eastern Lumber and Commercial Co., Inc., respondents. G.R. No. L-2598. June 29, 1950. BENGZON, J.   Topic:  Classification of Corporation as to Legal Status. De Facto Corporation   FACTS:   The petitioners  C. Arnold Hall and Bradley P. Hall, and the respondents  Fred Brown, Emma Brown, Hipolita D. Chapman and Ceferino S. Abella, signed and acknowledged in Leyte , the article of incorporation of the Far Eastern Lumber and Commercial Co., Inc. , organized to engage in a general lumber business to carry on as general contractors, operators and managers.   Immediately after the execution of said articles of incorporation, the corporation proceeded to do business with the adoption of by-laws and the election of its officers.  On December 2, 1947, th...
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