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Sesbreño vs. CA Case Summary by CJ Mel is a document available to read on EtoBox.

Raul Sesbreño invested P300,000 with Philfinance but was not paid back when the promissory note and checks matured. He sued Delta Motors Corporation and Pilipinas Bank, claiming they should be treated as the same entity as Philfinance. The court dismissed the case, finding that while the companies shared a common director, they were separate corporate entities and there was no evidence presented that one company controlled or benefited from the others to justify piercing the corporate veil. The court ruled

Author

CJ Mel

Language

EN