G.R. No. 175799 - NM Rothschild and Sons Ltd. vs. Lepanto Consolidated Mining Co.

NM Rothschild and Sons Ltd. vs. Lepanto Consolidated Mining Co.

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Title Supreme Court: NM Rothschild and Sons Ltd. vs. Lepanto Consolidated Mining Co.

Case: G.R. No. 175799

Decision Date: Nov 28, 2011

Lepanto sought to void loan and hedging contracts with Rothschild, alleging they were gambling agreements under Philippine law. Rothschild contested jurisdiction and cause of action, but courts ruled service proper, jurisdiction acquired, and cause sufficiently stated, remanding for trial.

complaint

grave abuse of discretion

trial court

Very Long 30 min

END