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Supreme Court Ruling on Corporate Liability by Gia Aliana Maria Perete is a document available to read on EtoBox.

The Supreme Court ruled that Sections 31 and 34 of the Corporation Code do not prescribe criminal liability for the actions of James Ient and Maharlika Schulze, emphasizing the rule of lenity in favor of the accused. The Court found that the provisions primarily impose civil liability and that there was no legislative intent to criminalize the actions in question. The ruling highlighted that violations typically result in civil remedies rather than penal sanctions.

Author
Gia Aliana Maria Perete
Language
EN