Facts:

• The case involves three consolidated petitions for review on certiorari under Rule 45, specifically G.R. Nos. 248519, 248520, and 248757-59.
• Petitioner in G.R. No. 248519 is St. Francis Plaza Corporation (SFPC); respondents include Emilio Solco, Francis Solco, Lily Delos Reyes-Solco, and Benz Fabian Solco.
• The dispute centers on the ownership of shares in SFPC and a Compromise Agreement executed on May 4, 2013, approved by the RTC of Quezon City on May 10, 2013.
• Emilio Solco claimed his shares were transferred to Francis without his consent.
• A complaint for intra-corporate controversy led to a Compromise Agreement to settle disputes, including withdrawal of criminal cases and transfer of shares and properties.
• Disagreements over the implementation of the agreement resulted in motions for execution and annulment.
• The RTC upheld the Compromise Agreement; SFPC and the Francis Group appealed to the Court of Appeals (CA), which denied their petitions, affirming the agreement's validity.

Issue:

• (Unlock)

Ruling:

• The Supreme Court ruled that the petitions are partly meritorious.
• SFPC was deemed an indispensable party but was adequately represented in the Compromise Agreement, with no violation of its rights.
• The Compromise Agreement was not void for being contrary to law and public policy.
• The Francis Group's consent was not vitiated by fraud or mistake....(Unlock)

Ratio:

• A compromise agreement is a contract where parties make reciprocal concessions to avoid litigation, requiring execution by all involved parties, including indispensable ones.
• SFPC participated through its representatives, and its...continue reading