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Can I read PRHC vs. LCDC: Escalation Agreement Ruling on EtoBox?

PRHC vs. LCDC: Escalation Agreement Ruling by Emma S. Ventura-Daez is a document available to read on EtoBox.

What is PRHC vs. LCDC: Escalation Agreement Ruling about?

The Supreme Court ruled in favor of LCDC in its disputes with PRHC over a construction project. While PRHC claimed that the project manager lacked authority to agree to price escalations with LCDC, the Court found that his actions bound PRHC under the doctrine of apparent authority, as he was clothed with apparent authority to execute such agreements. The Court also ruled that the Civil Code provisions on agency did not apply, as the legal relationship between PRHC and LCDC was as an owner and independent c

Author
Emma S. Ventura-Daez
Language
EN