Title
Litonjua Jr. vs. Eternit Corp.
Case
G.R. No. 144805
Decision Date
Jun 8, 2006
Eternit Corp. aborted land sale to Litonjuas; SC ruled no perfected contract due to agents' lack of written authority from EC's board.

Case Digest (G.R. No. 144805)
Expanded Legal Reasoning Model

Facts:

  • Parties and Preliminary Background
    • Eternit Corporation (EC), a Philippine corporation engaged in roofing and pipe manufacturing since 1950, owned eight parcels (47,233 m²) in Mandaluyong City, titled under Far East Bank & Trust Company as trustee.
    • Ninety percent of EC’s shares were held by ESAC (Eteroutremer S.A.), a Belgian corporation. EC’s President/General Manager was Jack Glanville; ESAC’s Regional Director for Asia was Claude Frederick Delsaux.
  • Decision to Sell and Negotiations
    • In 1986 ESAC’s Committee for Asia, fearing Philippine political instability, authorized disposal of EC’s real estate. ESAC director Michael Adams engaged broker Lauro G. Marquez to solicit offers.
    • Marquez offered the property at ₱27 million; Eduardo and Antonio Litonjua counter-offered ₱20 million. ESAC, via Delsaux’s telex (Feb 12, 1987), set a counter-offer of US $1 million + ₱2.5 million for obligations. The Litonjuas accepted and deposited US $1 million in escrow.
  • Withdrawal of Offer and Letters Aborting Sale
    • Following political changes (1986 EDSA), ESAC’s Committee resolved not to sell. Glanville’s May 7, 1987 letter and Delsaux’s May 22, 1987 confirmation officially withdrew the sale.
    • The Litonjuas claimed damages; EC refused. They sued for specific performance and damages in RTC Pasig (Civil Case No. 54887).
  • Trial and Appellate Proceedings
    • The RTC (July 3, 1995) dismissed the complaint, ruling the sale void for lack of written authority from EC’s Board for agent Marquez and related acts.
    • The CA (June 16, 2000) affirmed, holding Marquez a special agent requiring board resolution under Civil Code Art. 1874 and Corp. Code Sec. 23; no agency by estoppel established.

Issues:

  • Whether a perfected contract of sale existed between the Litonjuas and EC.
  • Whether broker Marquez required a written authority from EC’s Board to bind the corporation in the sale.
  • Whether Glanville and Delsaux had actual or apparent authority to sell EC’s properties.

Ruling:

  • (Subscriber-Only)

Ratio:

  • (Subscriber-Only)

Doctrine:

  • (Subscriber-Only)

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