In receivership, a person, called the receiver, is appointed by the court on behalf of all the parties to the action for the purpose of preserving and conserving the property in litigation.

In trusteeship, a person, called the trustee, is appointed by another wherein confidence is reposed as regards a property for the benefits of the other person.

The Dominancy Test focuses on the similarity of the prevalent features of the competing trademarks which might cause confusion or deception, and thus infringement.

When a stock certificate is endorsed in blank by the owner thereof, it constitutes what is termed as “street certificate”, so that upon its face, the holder is entitled to demand its transfer into his name from the issuing corporation.

By virtue of Proclamation No. 1307, Every third week of June is declared as National Safe Kids Week.

The settled rule is that, a certificate of title cannot be subject to collateral attack.  A certificate of title may only be altered, modified or cancelled in a direct proceeding.

A corporation is an artificial being created by operation of law, having the right of succession and the powers, attributes, and properties expressly authorized by law or incidental to its existence.

In the event that the minimum wage is increased by law or wage order, service charges paid to the covered employees shall not be considered in determining the employer’s compliance with the increased minimum wage.

A well-known mark is a mark which a competent authority of the Philippines has designated to be well-known internationally and in the Philippines.

An action for reversion seeks to restore public land fraudulently awarded and disposed of to private individuals or corporations to the mass of public domain. 

Patents may be cancelled on various grounds set out by the Intellectual Property Code. Cancellation of patent would deprive the holder thereof certain rights as provided below.