Can I read Bacolod-Murcia vs. First Farmers Milling Case on EtoBox?
Bacolod-Murcia vs. First Farmers Milling Case by Alexandra Nicole Sugay is a document available to read on EtoBox.
What is Bacolod-Murcia vs. First Farmers Milling Case about?
This decision by the Supreme Court of the Philippines affirms the dismissal of an amended complaint against Philippine National Bank (PNB) and National Investment and Development Corporation (NIDC) for lack of cause of action. The complaint alleged PNB and NIDC illegally assisted in the creation of a sugar mill by providing loans, but did not establish that PNB and NIDC knew of any illegality or acted in bad faith, as the loans were extended in the ordinary course of business. Ultimately, the complaint did
- Author
- Alexandra Nicole Sugay
- Language
- EN