In business parlance, when may a corporate spin-off occur?
In business parlance, a corporate spin-off occurs when a department, division or portions of the corporate business enterprise is sold-off or assigned to a new corporation that will arise by the process which may constitute it into a subsidiary of the original corporation.
Marsman & Company vs. Sta. Rita, G.R. No. 194765, April 23, 2018, [862 SCRA 211]
What is the effect if a corporation is undergoing rehabilitation?
When a corporation is undergoing rehabilitation, the enforcement of all claims against it is stayed.
Dela Torre vs. Primetown Property, G.R. No. 221932, February 14, 2018, [855 SCRA 494]
What is the purpose of requiring the number of pages to be stated in the attestation clause of the Will?
The Supreme Court elucidated that the purpose of requiring the number of pages to be stated in the attestation clause is to make the falsification of a Will more difficult.
Mitra vs. Sablan-Guevarra, G.R. No. 213994, April 18, 2018, [862 SCRA 32]
What is the effect if copies of the deed of sale can no longer be produced?
The mere fact that copies of the deed of sale can no longer be produced does not defeat the legal presumption that the title of the property was regularly issued, especially in view of the certification of the Register of Deeds that proper procedure was observed.
Cruz vs. Heirs of Alejandro So Hiong, G.R. No. 228641, November 05, 2018, [884 SCRA 147]
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