G.R. No. 198436 - Pioneer Insurance Surety Corp. vs. Morning Star Travel and Tours, Inc.

Pioneer Insurance Surety Corp. vs. Morning Star Travel and Tours, Inc.

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Title Supreme Court: Pioneer Insurance Surety Corp. vs. Morning Star Travel and Tours, Inc.

Case: G.R. No. 198436

Decision Date: Jul 8, 2015

Pioneer Insurance sought reimbursement from Morning Star Travel for unpaid IATA remittances. SC upheld CA, absolving individual directors, citing lack of proof for piercing corporate veil; only Morning Star held liable.

liability

separate and distinct personality

corporation

Long 30 min

END