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What is Ong Yong v. Tiu: Specific Performance Ruling about?

This case involves a motion for reconsideration seeking to reverse a Court of Appeals decision affirming a writ of execution. Specifically, the issue is whether rescission or specific performance is the proper remedy for an alleged breach of a Pre-Subscription Agreement between the Ongs and Tius regarding shares in First Landlink Asia Development Corporation (FLADC). The Supreme Court rules that specific performance, not rescission, is the proper remedy as the alleged breaches by the Ongs did not defeat the

Author

Trisha Castillo

Language

EN