About this document
Jinky Suzara Overview by Kamille Villalobos is a document available to read on EtoBox.
The three cases discuss various aspects of partnership law in the Philippines: 1) Campos Rueda & Co v Pacific Commercial established that a limited partnership has a separate legal personality from its members and can be declared insolvent based on its own acts, such as failing to pay debts. 2) Catalan Vs. Gatchalian held that when one partner redeems partnership property, they hold it in trust for the other partners, subject to reimbursement of redemption costs. 3) Commissioner of Internal Revenue Vs.
- Author
- Kamille Villalobos
- Language
- EN