Sunday, November 20, 2016

Reviewable good faith

The courts usually give much slack to parties who act in good faith.

This passage on page 314 of the Villanuevas' book Philippine Corporate Law, 2013 Edition made me do a double-take:

To resolve the issue you've got to check  Philippine Stock Exchange, Inc. vs. Court of Appeals, G.R. No. 125469, October 27, 1997.

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