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What is Forum Shopping in Philippine Banking Case about?
This case involves two separate but related cases regarding the sale of six parcels of land owned by First Philippine International Bank. In the first case, the Bank sought to repudiate the sale agreement, while in the second case certain Bank shareholders filed a derivative suit seeking to invalidate the sale. The Supreme Court ruled that there was forum shopping given the identity of parties and issues between the two cases. Forum shopping occurs when a party attempts to obtain a favorable judgment by fil
- Author
- j
- Language
- EN