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Estate Dispute: Ortanez vs. FLAG by Nic Nalpen is a document available to read on EtoBox.

1. The case involved the estate of Dr. Ortanez who owned 90% of shares in Philinterlife. His wife Juliana and children extrajudicially settled the estate and sold shares of Philinterlife to FLAG without court approval. 2. The court held the sale was void because an heir can only sell their ideal share in the estate, not specific properties, until the estate is finally adjudicated by the court. Any unauthorized disposition of estate property can be annulled by the probate court. 3. The court also held t

Author

Nic Nalpen

Language

EN