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The document summarizes a Supreme Court case regarding the rescission of a contract for the sale of shares in a corporation. Specifically: 1. Erquiaga sold shares in a corporation he owned to Reynoso, but Reynoso failed to fully pay the outstanding balance. 2. Erquiaga then sought to rescind the sale in court. The trial court ordered rescission of the sale and that each party return amounts paid, but held that Erquiaga must first receive an accounting of profits from Reynoso. 3. The Court of Appeals r

Author

Kei Takishima Sheng

Language

EN