G.R. No. 138104 - MR Holdings, Ltd. vs. Bajar

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G.R. No. 138104: MR Holdings, Ltd. vs. Bajar

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Title Supreme Court: MR Holdings, Ltd. vs. Bajar

Case: G.R. No. 138104

Decision Date: Apr 11, 2002

ADB loan to Marcopper defaulted; MR Holdings assumed debt, claimed ownership via assignment. Solidbank levied properties; MR Holdings sued, won injunction as foreign entity enforcing rights, assignments valid but not binding on Solidbank.

foreign corporation

legal capacity to sue

license

Very Long 40 min

2.4x of typical case length

END