SYLLABUS FOR COMMERCIAL LAW REVIEW

First Sem SY 2019-2020

DLSU BGC - Tues & Fri 2:00 to 4:00 pm

Kindly study all the cases and provisions of law under “Letters of Credit and Trust Receipts” for Friday,
July 26, 2019, as there will be graded recitation.

I. LETTERS OF CREDIT AND TRUST RECEIPTS – Code of Commerce

and PD 115
A. Basic concepts –Letters of Credit: Code of Commerce Arts 2,10, 50, 567 to 572; UCP600
Art 3.
BPI v De Reny Fabric GR L-24821 Oct 16, 1970
MWSS v Daway GR 160732, Jun 21, 2004
National Comm Bank v Ca 444 Phil 615 (2003)
Trust Receipts: PD 115
Hur Tin Yan v People GR 195117, Aug 14, 2013
Rosario Textile Mills Corp v Home Bankers Savings and Trust Co. GR 137232 Jun 29,
2005
Land Bank v Perez et al GR 166884, Jun 13, 2012
1. Doctrine of independence
Transfield Philippines v Luzon Hydro Corp 485 Phil 699 (2004)
PNB v SMC GR 186063 Jan 15, 2014
2. Fraud exception principle
3. Doctrine of strict compliance
Feati Bank and Trust Co v CA, GR 94209, Apr 30, 1991
4. Warehouseman’s lien

B. Rights and obligations of parties – Code of Commerce Art 569, 570; PD 115 Secs 4, 7 to
11
HSBC v NSC et al GR 183486 Feb 24, 2016
Marphil Export Corp et al v Allied Bank/PNB GR 187922, Sep 21, 2016
1. Entruster/entrustee – Robles v CA GR 59640 Jul 15, 1991
Spouses Dela Cruz v PPI GR 158649 Feb 18, 2013
2. Applicant/banks/beneficiary –Code of Commerce Art 571; PD 115 Sec 12

C. Remedies available
Ng v People GR 173905 Apr 23, 2010
Colinares v CA GR 90828 Sep 5, 2000
II. NEGOTIABLE INSTRUMENTS LAW (Act No. 2031)
A. Requisites of negotiability*** – Secs. 1 to 22
Pua v Sps Benito Tang GR 198660 Oct 23, 2013
Dev Bank of Rizal v Sima Wei 219 SCRA 736 Mar 9, 1993
Asia Brewery v Equitable PCI GR 190432
People v Ting GR No 221505 Dec 5, 2018

B. Forgery and material alteration** – Sec. 23, 124, 125

San Carlos Milling v Bank of PI and China Banking 59 Phil 59
Jai-alai Corp v Bank of PI 66 SCRA 229
Republic Bank v Ebrada 65 SCRA 680
PNB v Quimpo Mar 14, 1988
PNB v CA 256 SCRA 491

C. Negotiation** – Secs 30 to 50

D. Rights of holder – Secs 51 to 59

1. Holder in due course*****
Atrium Management v CA 353 SCRA 23 (2011)
RCBC v Hi-Tri Dev Corp 687 Phil 481 (2012)
Mesina v IAC 229 Phil 495 (1986)
RCBC Savings Bank v Odrada GR 219037 Oct 19, 2016
2. Defenses against the holder
De Ocampo v Gatchalian 3 SCRA 596 (1961)
PNB v Quimpo 158 SCRA 582
Allied Banking v Lim Sio Wan GR 235511 and 235565 Jun 20, 201?

E. Checks – Secs 66, 184 to 189

Republic v PNB 3 SCRA 851
Equitable Banking Corp v Special Steel Products et al GR 175350 Jun 13, 2012
New Pacific Timber v Seneris 101 SCRA 686
Tan v CA Dec 20, 1994
Chan Wan v Tan Kim 109 Phil 706
State Investment House v IAC 172 SCRA 310
Papa v Valencia 348 Phil 700 (1998)
Evangelista v Screenex Inc GR 211564 Nov 2017
Asia Brewery and Go v Equitable PCI GR 190432 Apr 25, 2017
Associated Bank v CA GR 107382 and 107612 Jan 31, 1996
Associated Bank v CA 284 Phil 615 (1992)
Bank of America v Associated Citizens Bank
BPI v CA GR 102383 Nov 16, 1992
Metrobank v Junnel’s Marketing et al GR 235511 and 235565 Jun 20, 2018
III. INSURANCE (The Insurance Code RA 10607)
A. Basic concepts*
1. What may be insured – Secs 3 to 5;
Philamcare Health Systems Inc v CA et al GR 125678 Mar 18, 2002
2. Insurable interest ****– Secs 10 to 25;
Manila Bankers Life Insurance v Cresencia Aban GR 175666 Jul 129, 2013
Property Insurance: San Miguel Brewery v Law Union and Rock Insurance Co. GR
14300 Jan 19, 1920
Sps Go It Bun and Choi Ping Tai v Hon. Dizon et al GR 75915 Sep 18, 1992
Makati Tuscany Condominium Corp v CA Nov. 6, 1992 (Secs 77, 78
Reynaldo Ramos v LBP GR 234344 Feb 7, 2018
Frederick Felipe v MGM Motor Trading Corp GR 191849 Sep 23, 2015
Marques and Maxilite Technologies v FEBTC, et al GR 171379 Jan 10, 2011
Sps Nilo Cha and Steela Uy Cha etal v CA et al GR 85141 Nov 28, 1989
Antonio Lampano v Placida Jose et al GR 9401 Mar 1915
3. Double insurance and overinsurance ** – Secs 94, 95
Armando Geagonia v CA and Country Bankers GR 114427 Feb 6, 1995
American Home Assurance v Chua GR 139421 Jun 1991
Malayan Insurance Co Inc v Phil First Insurance co and Reputable Forwarder Services
GR 184300 Jul 11, 2012
4. Reinsurance* – Secs 97-100, 222 to 228
Communication and Information Systems Corp v Mark Sensing Australia GR 192159
Jan 25, 2017
5. No fault, suicide, and incontestability clauses*** – Sec 181 to 186;
Sun Insurance Office Ltd v CA 211 SCRA 554 (1992)
De La Cruz v Capital Insurance and Surety 17 SCRA 559
Finman General Assurance Corp v CA 213 SCRA 493
Sunlife Assurance Company of Canada v CA 245 SCRA 268 (1995)
Manila Bankers Life Insurance Corp v Cresencia Aban GR 175666 Jul 29, 2013
The Insular Life Assurance v Paz Khu GR 195176 Apr 18, 2016

B. Perfection of the insurance contract ***– Secs 49 to 66

Equitable Insurance Corp v Transmodal Intl Inc. GR 223592 Aug 7, 2017
Sun Insurance office Ltd v. CA and Emilio Tan GR 89741 Mar 13, 1991
Santos B.Oreola v CA and Prudential Guarantee and Assurance Inc. GR 95641 Sep 22,
1994
Malayan Insurance Co Inc. v Gregoria Cruz Arnaldo et al GR L-67835 Oct 12, 1987
Philam Insurance v Parc chateau GR 201116 Mar 4, 2019

C. Rights and obligations of parties – Sec 6

1. Insurer – Malayan Insurance Co, Inc v CA 165 SCRA 136
Figuracion Vda De Maglana et al v Hon Judge 212 SCRA 268 (1992)
2. Insured* – Pineda v CA 226 SCRA 154 (group insurance)
3. Beneficiary - Gercio v Sun Life Assurance 48 Phil 53
 BPI and FGU Insurance v Yolanda Laingo GR 205206 Mar 16, 2016)

D. Rescission of insurance contracts

1. Concealment*** – Secs 26 to 35;
Philamcare Health Systems Inc. v CA GR125678 Mar 18, 2002
Ignacio Saturnino v The Philamlife GR L-16163, Feb 28, 1963
Assurance Company of Canada v CA and Sps Bacani GR 105135 Jun 22, 1995
Saturnino v Philam 7 SCRA 361; Philippine AXA Life Insurance Corp v Corazon Tabora
GR 211367 Jun 4, 2014
2. Misrepresentation or omissions
United Merchants Corp v Country Bankers Insurance Corp GR 198588 Jul 11, 2012
3. Breach of warranties** -Secs 67 to 76;
Perla Cia de Seguros v CA 208 SCRA 487
Paterno v Pyramid 161 SCRA 677

E. Loss – Sec 85 to 94, 247 to 251

Jaime Gaisano v Development Insurance and Surety Corp GR 190702 Feb 27, 2017
The Philippine American General Insurance Company Inc. v Ca and Felman Shipping GR
116940 Jun 11, 1997
Pan Malayan Insurance Corp v CA 201 SCRA 382 (1992)
Fortune Insurance and Surety Co Inc. v CA GR 115278 May 23, 1995
Prudential Guarantee ad Assurance Inc. v Trans-Asia Shipping Lines, Inc. GR 151890 Jun
20, 2006
IV. Transportation
A. Common carriers ***– Art 1732
1. Concept – Manoy Jr. v Cebu Air GR 210621 Apr 4, 2016
Sps Perena v Sps Nicolas GR 157917 Aug 29, 2012
De Guzman v CA 168 SCRA 612 (1988)
Torres-Madrid Brokerage v FEB GR 194121 Jul 11, 2016
2. Common carrier vs private carrier
Sps Cruz v Sun Holidays GR 186312 Jun 29, 2010
LTFRB v Valenzuela (TNVS) GR 242860 Mar 11, 2019
3. Diligence required – Art 1733 to 1735, 1742
Y Transit Co Inc. v NLRC 299 SCRA 508
First Malayan Leasing v CA 209 SCRA 660

B. Obligations and liabilities – Arts 1733 t0 1735; 1755 to 1757, 1763

1. Vigilance over goods – Art 1734, 1735, 1745 (5), (6) and (7), 175?
Federal Express Corp v Antonino et al GR 199455 Jun 27, 2018
Transimex v Mafre GR 190271 Sep 14, 2016
Loadstar Shipping v Malayan Ins GR 185565 Apr 26, 2017
Keihin Everett Forwarding Co., Inc v Tokio Marino GR 212107 Jan 28, 2019
2. Safety of passengers – Art 175 and 1753
Dangwa Transportation v CA GR 95582 Oct 7, 1991, 202 SCRA 574

C. Defenses available to a common carrier

1. Proof of extraordinary diligence – Art 1735
Tan v Great Harvest GR 220400 Mar 20, 2019
Sanico v Colipano GR 209969 Sep 7, 2017
Besta Shipping Lines v Prudential Guarantee GR 242697 Jan 16, 2019
2. Due diligence in the selection and supervision of employees – Arts 1759, 1763
3. Fortuitous event – ART 1734, 1739
Sulpicio Lines v Sesante GR 172682 Jul 27, 2016
4. Contributory negligence – Art 1741;1761 to 1762
5. Doctrine of last clear chance – Greenstar Express Inc v URC GR 205090 Oct 17, 2014

D. Extent of liability **– Arts 1764; Aboitiz Shipping v CA 179 SCRA 95 (1989)
1. Recoverable damages – Art 1764
Sps Estrada v Phil Rabbit GR 203902 Jul 19, 2017
Ramos v China Southern GR 213418 Sep 21, 2016
2. Stipulations limiting liability *– Arts 1744 to1752, 1757, 1760
3. Limitations under the Warsaw Convention
V. CORPORATION LAW (includes RA 11232)
A. General principles – Sec 2***;
SC Megaworld v Engr Parada et al GR 183804 Sep 11, 2013
Saludo v PNB GR 19138 Aug 20, 2018
GSIS Family Bank Employees v Sec Cesar Villanueva GR 210773 JN 23, 2019
1. Nationality of corporations - JG Summit v CA 450 SCRA 169 (2005)
a. Place of incorporation test
b. Control test – Roy III v Herbosa, et al GR 207246 Nov 22, 2016
c. Grandfather rule – Narra Nickel Mining v Redmont GR 195580 Jan 28, 2015
2. Doctrine of separate juridical personality – Mayor v. Tiu GR 203770 Nov 21, 2016
Tee Ling Kiat v Ayala Corp et al GR 192530 Mar 7, 2018
PNB v Hydro Resources GR 167530 Mar 13, 2013
Pacific Rehouse Corp et al v CA et al GR 199687 Mar 24, 2014
CIR v Oilink International Corp GR 161759 Jul 2, 2014
3. Doctrine of piercing the corporate veil*** – Optyman Manufacturing Corp v Security
Bank GR 177984 Dec 3, 2014;
WPM Intl Trading et al v Labayen GR 182770 Sep 17, 2014;
Maricalum Mining Corp v Florentino et al GR 221813 Jul 23, 2018

B. Stock v non-stock corporation** – Sec 3; Secs 86 to 94

C. De factor corporation and corporation by estoppel* – Secs 19 to 21;

Benjie B Georg v Holy Trinity College GR 19048 Jul 20, 2016;
Advance Paper Corp v Arma Traders Corp Dec 11, 2013;
The Missionary Sisters of Our Lady Fatima v Alzona GR 224307 Aug 6, 2018;
Priscilo B. Paz v New International Environmental GR 203993 Apr 2015;
Dee Hwa Liong Foundation Medical Center and Anthony Dee v Asiamed Supplies and
Equpment Corp GR 205638 Aug 23, 2017

D. Board of directors and trustees* – Secs 22 to 34

Engineering Geo Services Inc v PSB GR 187262 Jan 10, 2019
1. Basic principles
a. Doctrine of centralized management -Sec 23;
Yao Ka Sin Trading v CA et al GR 53820 209 SCRA 763 Jun 15, 1992
Torres v CA 278 SCRA 793; Homilla v Salunat 405 SCRA 220 (2003)
Manila Metal Container Corp v PNB 511 SCRA 144
San Juan Structural and Steel Fabricators Inc v CA 296 SCRA 631 (1998)
b. Business judgment
Montelibano v Bacolod Murcia Milling Co., 5 SCRA 36 (1962)
Filipinas Port Service v Go 518 SCRA 453 (2007)
Prime White Cement Corp v IAC 220 SCRA 103, 110 (1993)
Lipat v Pacific Banking 402 SCRA 339 (2003)
Ysuma v Heirs of Cecilio de Villa 499 SCRA 466 (2006)
 2. Duties, liabilities, and responsibility for unlawful acts** – Secs 30 to 31
and 64
Irene Martel Francisco v Mallen GR 173169 Sep 22, 2010
Tramat Mercantile Inc et al v CA et al GR 111008 238 SCRA 14
MAM Realty De Corp v NLRC GR 114787 Jun 2, 1995
Cebu Country Club v Elizagaque 542 SCRA 65 (2008)
Espiritu v Petron Corp et al GR 170891 Nov 24, 2009
Palay Inc v Clave 124 SCRA 638 (1983)

E. Powers of corporations *– Secs 35 to 43

1. How powers are exercised – Cagayan Valley Drug Corp v CIR 545 SCRA 10 (2008)
Umale et al v ASB Realty Corp GR 181126 Jun 15, 2011
Yu v Yukayguan GR 177549 Jun 18, 2009
BPI Leasing v CA 416 SCRA 4, 2003
Firme v Bukal Enterprises and Dev Corp 414 SCRA 190 (2003)
Lopez v Fontech 247 SCRA 183 (1995)
Central Textile Mills v NWPB 260 SCRA 368 (1996)
Pena v A 193 SCRA 717;
Y-I leisure Phil Inc v Yu GR 207161 Sep 8, 2015;
China Banking Corp v QBRO Fishing Gr 184556 Feb 22, 2012;
Caltex Phil v PNOC Shipping 498 SCRA 400 (2006); Nelson v Lepanto 26 SCRA 540
(1968);
Republic Planters Bank v Agana 269 SCRA 1 (1997)
2. Ultra vires doctrine – Secs 23 and 45;
Twin Towers Condo v CA 398 SCRA 203 (2003);
China Banking Corp v CA 270 SCRA 503 (1997);
Pirovano v De La Rama Steamship 96 Phil 335 (1954);
3. Trust fund doctrine – Ong Yong et al v David Tiu et al GR 144476 Apr 8, 2003;
Phil Trust Co. v Rivera 44 Phil 469;
Lumandan v Cura 59 Phil 746

F. Stockholders and members – Secs 59 to 72

1. Doctrine of equality of shares -Heirs of Gamboa v Teves (Resolution) GR 176579 Oct
9, 2012
2. Proprietary rights – Teng v SEC GR 184332 Feb 17, 2016;
Rural Bank of Lipa v CA GR 124535 Sep 28, 2001;
Chua Guan v Samahan 62 Phil 472
Reyes v RTC and Zenith Ins Corp Aug 11, 2008;
Vicente Ponce v Alsons Gen Corp GR 139802 Dec 10, 2002;
Won v Wack Wack Golf 104 Phil 466 (1958);
Fleischer v Botica Nolasco 47 Phil 583 (1925)
Rural Bank of Salinas v CA 210 SCRA 510 (1992)
a. Right to dividends
b. Rights to inspect
c. Pre-emptive right
d. Right of first refusal
 3. Intra-corporate disputes
a. Concept
Atwel et al v Concepcion Progressive Asso Inc GR 169370 Apr 14, 2008
Wesleyan University v Guillermo Maglaya GR 212774 Jan 23, 2017
b. Individual vs representative v derivative suits
BSP v Vicente Jose Campa et al GR 185979 Mar 16, 2016;
Gochan v Young 354 SCRA 207 (2001); Bitong v CA 292 SCRA 503 (1998);
San Miguel Corp v Kahn 176 SCRA 447 (1989)

G. Foreign corporations – Secs 140 to 153

1. What constitutes “doing business”**
Montholatum v Mangliman;
Pacific Oil v Singson April 1955;
B Van Zuiden Bros Ltd May 28, 2007;
Steel Case Inc v Design Intl GR 1711995 Apr 18, 2012
2. Personality to sue and suability
Tuna Processing Inc v Phil Kingford Inc GR 185582 Feb 24, 2012
Top Weld v ECED 138 SCRA 118;
Lingner v Fisheer GMBH 125 SCRA 522 (1983);
Home Insurance v Eastern Shipping Lines 123 SCRA 424 (1988);
Facilities Management v De La Osa 89 SCRA 131 (1979);
Signetics Corp v CA 225 SCRA 737 (1993);
Avon Insurance PLC v CA 227 SCRA

H. Mergers and Consolidations* - Secs 75 to 79

1. Concept – See Philippine Competition Act ; Nell Doctrine; PNB v Andrada Electric GR
142936 Apr 17, 2002; San Miguel Corp Employees v Confessor 262 SCRA 81 (1996);
Bank of Commerce v RPN GR 195615
2. Effects and limitations – Associated Bank v CA and Lorenzo Sarmiento Jr. GR 123793
Jun 29, 1998
VI. SECURITIES REGULATION CODE (RA 8799)

A. Registration requirement; exemptions -Sec 3.1 kinds of securities

Banco de Oro et al v Republic et al GR198756 Jan 13, 2015
Power Homes Unlimited Corp v SEC GR 164182, Feb 26, 2008
SEC v Prosperity Com GR 164197 Jan 25, 2012
SEC et al v CJH Dev Corp et al GR 210316 Nov 28, 2016
Secs 8 to 13; Rule 9.1.2.1 to 9.1.2.4 exempt securities* and transactions ; Rule 8.1.3 to
8.1.3.8.4, Rule 10.2.2 and 26.3 (requirement and procedure for registration of
securities**)
PSE v CA 281 SCRA 232 (1997)
SEC v CA 246 SCRA 738 (1995)
PP v Erwin Mateo GR 210612 Oct 9, 2017
SEC v Universal Rightfield Property Holdings, Inc. GR 181381 Jul 20, 2015
Citibank NA and Citigroup Private Bank v Ester Tanco-Gabaldon et al GR 198444 Sep 4,
2013
Virata v Ng Wee GR 220926 Jul 5, 2017

B. Prohibitions on fraud, manipulation and insider trading** – Secs. 23 to

27, 56 to 59, 63
SEC v. Price Richardson Corp GR 197032 Jul 26, 2017
SEC v Oudine Santos GR 195542 Mar 19, 2014
Jardeleza v Sereno et al GR 213181 Aug 19, 2014
SEC v G Cosmos Philippines Inc. GR 167435 Apr 20, 2015
Primanila Plans, Inc. v SEC GR 193791 Aug 6, 2014
SEC v Interport Resources Corp GR 135808 Oct 6, 2018
PP v Pastrana et al GR 196045 Feb 21, 2018
Jaime Dischavez v Ombudsman GR 206310-11 Dec 7, 2016
Margarita Benedicto Munoz v Ma Angela Cacho Oliveros GR 179121 Nov 9, 2015
C. Protection of investors*
1. Tender offer rules** – Sec 19.1; Rule 19.2.2 disclose intention and Rule
19.2.4 make tender offer
CEMCO Holdings Inc. National Life GR 171815 Aug 7, 2007
2. Rules on proxy solicitation – Sec 20.1; Rule 20.4
Abacus Securities Corp v Ampil GR 160016 Feb 27, 2006
BH Chua Securities Corp v Johnston sia-Uy GR 12485 Feb 22, 2017
3. Disclosure rule – Secs 17 to 18; 23; 68
VII. BANKING

A. The New Central Bank Act (RA 7653 as amended by RA 11211); Secs 1, 3*
1. Handling of banks in distress*** - Secs 83 and 84
BSP MB v Hon Antonio Valenzuela GR 184778 Oct 2, 2009, 602 SCRA 698;
Rural Bank of Buhi v CA 162 SCRA 288
Ana Maria Koruga v Arcenas et al GR 168332 Jun 9, 2002
Hon. MB et al v PVB GR 189571 Jan 21, 2015
a. Conservatorship – Sec 29
b. Closure
c. Receivership- Secs 30, 31
Lucia Barrameda Vda de Ballesteros v Rural Bank GR 176260 Nov 24, 2010
In re Petition for Assistance in the Liquidation of Rural Bank of Bokod (Benguet)
Inc, PDIC v BIR GR 158261 Dec 18, 2006 affirmed in PDIC v BIR GR 172892 Jun 13,
2013
d. Liquidation – Secs 30, 31
Apex Bancrights Holdings Inc et al v BSP and PDIC GR 214866 Oct 2, 2017
PDIC v BIR GR 172892 Jun 13, 2013
Alfeo D Vivas and Eurocredit Community Bank v MB et al GR 191424 Aug 7, 2013
Yuseco et al v PDIC as statutory liquidator of Unitrust Dev Bank GR 217899 Sep
28, 2016
The Consolidated Bank & Trust Corp v CA GR 169457 Oct 19, 2015
Miranda, PDIC, BSP v Prime Savings Bank GR 169334 Sep 8, 2006

B. Secrecy of Bank Deposits (RA 1405 as amended and RA 6426 as amended)

– Sec 2**;
BSB Group Inc v Sally go GR 168644 Feb 16, 2010
BSP v Purisima 161 SCRA 576; Intengan v CA Feb 15, 2002
Melon Bank v Magsino 190 SCRA 633
Marquez v Desierto 359 SCRA 772 (2001)
1. Prohibited acts – Sec 55 (b)
Ejercito v SB 509 SCRA 140 (2006)
Dona Adela Export International Inc. v Trade and Investment Dev corp GR 201931
Feb 11, 2015
2. Exceptions from coverage
GSIS v CA et al GR 189206 Jun 8, 2011
3. Garnishment of deposits, including foreign deposits* – FCDA Sec 8;
China Banking Corp v Ortega 49 SCRA 355; Benedicto and Riviera v Ca 364 SCRA
334 (2001)
C. General Banking Law of 2000 (RA 8791)
1. Nature of bank funds and bank deposits –Sec 2;
Central Bank of the Phil v CA 208 SCRA 652 (1992)
Simex Intl v CA 183 SCRA 361
GSIS v CA et al GR 189206 Jun 8, 2011
2. Diligence required of banks – BPI v Spouses Quiaot GR 199562, Jan 16,
2019
3. Prohibited transactions by banks directors and officers** – Secs 11, 12,
13, 36, 55.2, 70
Ramoso v CA GR 117416

D. Philippine Deposit Insurance Corporation Act (RA 3591, as amended)

PDIC v Citibank GR 170290 Apr 11, 2012
PDIC v CA 283 SCRA 462 (1997)
PDIC v Manu Gidwani GR 234616 Jan 20, 2018
1. Maximum deposit insurance coverage
2. Meaning of insured deposit
3. Splitting of deposits
Carlito Linsangan v PDIC GR 228807 Feb 11, 2019
VIII. INTELLECTUAL PROPERTY CODE (RA 8293)
Kho v CA 115758 Mar 11, 2002; Juan v Juan GR 221732 Aug 23, 2017

A. Patents
1. Patentable vs non-patentable inventions – Secs 21 to 27
Aguas v De Leon GR 32160, Jan 30, 1982
2. Ownership of a patent -Secs 28 to 31
3. Grounds for cancellation of a patent - Sec 61 to 66
Creser Precision Systems v CA 286 SCRA 13
4. Remedy of the true and actual investor – Sec 67 to 70
5. Rights conferred by a patent – Secs 71
6. Limitations on patent rights – Secs 72
7. Patent infringement – Sec 71 to 84
Smith Kline v CA GR 126627, Aug 14, 2003

B. Trademarks
1. Marks v. collective marks v trade names – Sec 121.1, 121.2, 121.3; 165;
167;
Coffee Partners Inc v San Francisco Coffee and Roastery Inc. GR 169504 Mar 3,
2010
Wilton Dy and Philites Electronics v Koninkerjilou Philips Electronics GR 186088 Mar 22,
2017
2. Acquisition of ownership
a. Concept of actual use – Secs 122, 123.2
b. Effect of registration – Secs 131
3. Non-registrable marks – Sec 123.1;
Marvex Commercial v Petra Hawpia 18 SCRA 1178
Seri Somboonsakdikal v Orlane SA GR 188996 Feb 1, 2017
Kensonic Inc v UniLine Multi-Resources GR 211820-21 Jun 6, 2018
Societe Des Produits Nestle SA v Puregold Price Club GR 217194 Sep 6, 2017
4. Well-known marks – Sec 123.2;
Arce & Sons v Selecta 110 Phil 858
Citigroup Inc v CityState Savings GR 205409 Jun 13, 2018
 5. Priority right- Sec 131;
UFC Phil v Barrio Fiesta Mfg GR 198889 Jan 20, 2016
Great While Shark Ent v Cavalde GR 192294 Nov 21, 2012
Taiwan Kolin Corp v Kolins Electronics GR 209843 Mar 25, 2015
6. Rights conferred by registration – Secs 138, 147 to 149
7. Cancellation of registration – Sec 140; 151 to 154
8. Trademark infringement – Sec 155 to 164
ABS -CBN Publishing v Director GR 217916 Jun 20, 2018
9. Unfair competition –Sec 168; See Art 27 of the NCC
Superior Comm Enterprises v Kunman Enterprises Ltd GR 169974 Apr 20, 2010
Asia Pacific Resources v Paperone GR 213365-66 Dec 10, 2018
San Miguel Pure Foods Co., Inc. v Foodsphere GR 217781 Jun 20, 2018

C. Copyright
1. Copyrightable works – Sec 172 to 173, 221
Joaquin v Drilon GR 108946 Jan 28, 1999
Olano v Co GR 195835 Mar 14, 2016
2. Non-copyrightable works –Sec 175 to 176
Pearl & Dean v Shoemart Inc et al GR 148222 Aug 15, 2003
3. Rights conferred by copyright – Sec 177 (economic rights) , Sec 186
(architecture) ; Sec 193 to 199 (moral rights) , Sec 202 to 210; 222 (performer’s
rights); Sec 211, 215;
Microsoft v Manansala Gr 166391 Oct 21, 2015
In re Del Castillo AM No 10-7-17 SC Oct 12, 2010
4. Ownership of a copyright – Secs 178 to 180
5. Limitations on copyright – Sec 184, 213 and 214
Rappler v Bautista GR 222702; Apr 5, 2016
6. Doctrine of fair use – Sec 185
ABS-CBN v Gozon et al GR 195956 Mar 11, 2015
7. Copyright infringement – Secs 155, 168, 216, 218 to 220
Habana v Robles GR 131522 Jul 19. 1999
Del Monte Corp v CA GR 78325 Jan 25, 1990
Converse Rubber v Jacinto Rubber 97 SCRA 158
Prosource Intl v. Horphag Research GR 180073 Nov 25, 2009
Microsoft v Hwang GR 147043 Jun 21,2005
IX. ANTI-MONEY LAUNDERING ACT (RA 9160, as amended)***

A. Covered institutions and their obligations* – Secs 3 (a) covered persons,

9, 14 (e ), (f) and (g)
Land Bank v Artemio San Juan Jr. GR 186279 Apr 2, 2013
Subido et al v CA GR 216914 Dec 6, 2016

B. Covered and suspicious transactions – Sec 3 (b)

C. Safe harbor provision – Sec 9 (c)

D. When is money laundering committed (including predicate crimes) –Secs

3 (i) unlawful activity*, 4 (money laundering offense), 6
PDIC v Manu Gidwani GR 234616 Jun 20, 2018

E. Authority to inquire into bank deposits –Sec 11

Republic v Eugenio Jr. (prior to amendment);
Republic v Bolante et al GR 186717 Apr 17, 2017
Estrada v SB GR 217682 Jul 17, 2018

F. Freezing and forfeiture- Secs 10 and 12; Civil Forfeiture Rules AM 05-11-
04-SC Nov 2005;
See SC Asset Preservation Rules
Republic v First Pacific Network Inc. GR 156646 Nov 19, 2014 (Notice)
Ligot et al v Republic GR 176944 Mar 6, 2013
Republic v Manalo et al GR 192303 Jun 4, 2014
Republic v Glasgow Credit and Collection Services 542 SCRA 95 (2008)
X. ELECTRONIC COMMERCE ACT (RA 8792)

A. Legal recognition of electronic data messages, documents and signatures –

Secs. 6, 7, 8 ;
MCC Industrial Sales Corp v SSangyong Corp 536 SCRA 408, 2007

B. Presumption of relating to electronic signatures – Sec. 9

C. Admissibility and evidential weight of electronic data message or

electronic document – Sec. 12
Torres v Pagcor GR 193531 Dec 6, 2011

D. Obligation of confidentiality – Sec. 32

Vidallon-Magrolis v Salud 469 SCRA 439
XI. DATA PRIVACY ACT (RA 10173)
Lagman v Medialdea GR 231658 Jul 4, 2017

A. Personal v sensitive personal information – Sec 3 (g) and (l)

B. Scope – Sec 4
Disini v Sec of Justice GR 203335 Feb 18, 2014

C. Processing of personal information – Chapter III

D. Rights of data subject - Chapter IV

XII. FINANCIAL REHABILITATION, INSOLVENCY, LIQUIDATION and
SUSPENSION OF PAYMENTS (RA 10142 [2910]), FR RULES [A.M. No.
12-12-11-SC, and FLSP Rules [A.M. No. 15-04096-SC])

A. Basic concepts
1. Rehabilitation – Sec. 4 (gg)
BIR et al v Lepanto Ceramics GR 224764 Apr 24, 2017
2. Insolvent – Sec.4 (p)
3. Liquidation – Sec. 4 (i) Chap. V
MTV Klinika Health Spa Inc v BOD Leasing GR 216123 Jul 24, 2017
4. Suspension of payments

B. Modes of rehabilitation
1. Court-supervised rehabilitation – Chap II
a. Voluntary v. involuntary – Secs. 12, 13, 14
b. Commencement order (including stay order) - Secs. 16, 17, 18, 20, 21
PAL v. Sps. Kurongking GR 146698 Spe 24, 2002
Rubberworld Phil V NLRC 305 SCRA 721 (1999)
Sps. Sobrejuanite v ASB Dev Corp GR 165675 Sep 30, 2005
Allied Banking v Home Steel GR 191939 Mar 14, 2018
Panlilio et al v RTC GR 173846 Feb 2, 2011
Town&Country v Metrobank GR 173610 Oct 1, 2012
c. Rehabilitation receiver and management committee – Secs. 28 to 32; 37 to 40
Siochi Fishery Enterprises v BPI 659 SCRA 817 (2011)
Victorio Aquino v Pacific Plans GR 193108 Dec 10, 2014
d. Determination of claims – Secs. 44, 45
e. Rehabilitation plan – Sec. 62
Wonder Boko Corp v PBC 676 SCRA 489 (2012)
BPI v Sarabia Manor GR 175844 Jul 29, 2013
i. Concept of feasibility
Viva Shipping Line v Keppel GR 177382 Feb 17, 2016
PBC v Basic Polypinters GR 187501 Oct 20, 2014
Metropolitan Bank v Fortuna Paper GR 190800 Nov 7, 2018
ii. material financial commitments
iii. liquidation analysis
Phil Asset Growth V Fastech GR 206150 Aug 9, 2017
f. Creditor approval and confirmation - Secs. 64, 68, 69
Yngson v PNB GR 171132 Aug 15, 2012
g. Failure of rehabilitation – Sec. 74
2. Pre-negotiated rehabilitation – Chap III
a. How initiated – Sec. 76
 b. Period and effect of approval Secs. 81, 82
3. Out of Court or informal restructuring agreement or rehabilitation plan -
Chap IV
a. Minimum requirements - Sec. 84
b. Standstill period – Sec. 85
c. Cram down – Sec. 86

C. Liquidation – Chap V
1. Voluntary liquidation v involuntary liquidation v conversion Secs. 90, 91,
92
Manalac v Gellada AM No RTC-18-2535 Oct 4, 2018
Empire Insurance et al v Atty Bacalla GR 195215 Mar 6, 2019
2. Procedure
a. Liquidation order; effects – Sec. 113;
Metropolitan Bank v SF Naguiat Enterpirses Inc 753 SCRA 474 (2015)
3. Determination of claims – Secs. 123 to 126

D. Suspension of payments, suspension of payment order – Chap VI, Secs. 94

to 97

E. Remedies
Lexber v Sps Daloma GR 183587 Apr 20, 2015
Golden Cane Furniture v Steelpro Phil GR 198222 Apr 4, 2016
1. Motion for reconsideration
2. Petition for certiorari