Title
Magellan Capital Management Corp. vs. Zosa
Case
G.R. No. 129916
Decision Date
Mar 26, 2001
MCHC terminated Zosa, citing breach of employment terms; Zosa sought arbitration but sued in RTC. SC upheld RTC’s jurisdiction, voided unfair arbitration clause, and dismissed the petition.

Case Summary (G.R. No. 129916)

Factual Background

Under an Amended and Restated Management Agreement dated March 18, 1994, Magellan Capital Holdings Corporation engaged Magellan Capital Management Corporation as manager of its business and affairs. Contemporaneously the parties and Rolando M. Zosa executed an Employment Agreement naming Zosa President and Chief Executive Officer, the employment term to be co-terminous with the management agreement or until March 1996. The Employment Agreement contained grounds for termination and an arbitration clause in Section 23 providing for a three-arbitrator panel, one arbitrator to be designated by each of the Manager, Employee, and Corporation, with arbitration to be held in Metro Manila and the panel bound to interpret the Agreement under Philippine substantive law. On May 10, 1995 the majority of MCHC’s board decided not to re-elect Zosa as President and CEO citing loss of trust and confidence and alleged violations of board resolutions and a non-competition clause. Zosa was thereafter elected Vice-Chairman/Chairman for New Ventures Development. On September 26, 1995 Zosa tendered resignation for good reason from that post and demanded termination benefits under Section 8. By letter dated October 20, 1995 MCHC refused to accept the resignation for good reason and instead asserted termination for cause effective November 19, 1995, limiting Zosa’s rights to certain amounts under Section 8(a)(i)-(ii).

Arbitration Nomination and Filing of Suit

Respondent Zosa invoked the Employment Agreement’s arbitration clause and on November 10, 1995 designated his arbitrator. MCHC and MCMC likewise designated their respective arbitrators. Despite the nominations, Zosa filed an action for damages in the RTC of Cebu on April 17, 1996 to enforce his claimed contractual benefits. Petitioners moved to dismiss on July 3, 1996 on the dual grounds that the dispute was subject to arbitration under Section 23 and that venue was improper.

Trial Court Proceedings and Pre-trial

The RTC Branch 58 denied petitioners’ motion to dismiss on August 1, 1996, finding that the validity of the arbitration provision could be determined only after trial on the merits and that the amount of damages placed the case within the RTC’s jurisdiction. The court likewise denied petitioners’ motion for reconsideration on September 5, 1996. The parties filed responsive pleadings and counterclaims, and the pre-trial order dated October 21, 1996 limited the primary issue for resolution to the question whether the arbitration clause in Section 23 was void and of no effect, with the court to dismiss the case if the clause were found valid and binding.

Court of Appeals Intervention

Petitioners sought relief by filing a petition for certiorari under Rule 65, Rules of Court with the Court of Appeals. The Court of Appeals on March 21, 1997 gave due course to the petition and directed the RTC to resolve the validity or effectivity of the arbitration clause while suspending further proceedings on the merits pending resolution of that issue. The CA’s decision required petitioners to remit costs and was followed by denial of petitioners’ motion for partial reconsideration on June 20, 1997.

Trial Court Ruling on Arbitration Clause

Complying with the appellate directive, the RTC rendered judgment on July 18, 1997. The court declared the arbitration clause partially void only insofar as it concerned the composition of the three-member arbitration panel. The RTC ordered the parties to proceed to arbitration under a revised panel composition: one arbitrator for the plaintiff (employee), one arbitrator to represent both defendants (the Manager and the Corporation treated jointly), and a third arbitrator to be chosen by both parties. The remaining terms of the arbitration clause were left intact and in force.

Issues Presented in the Petition for Review

In their Rule 45 petition to the Supreme Court petitioners framed multiple assignments of error including that the arbitration clause was valid and binding; that, because there were three parties to the Employment Agreement, each party was entitled to its own arbitrator; that MCMC and MCHC did not represent the same interest; that Zosa was estopped from contesting the arbitration clause; that the RTC acted without jurisdiction because controversies about the election or appointment of corporate officers fall within the original and exclusive jurisdiction of the Securities and Exchange Commission; that the law of the case did not foreclose petitioners’ objections; and that the petition raised only questions of law.

Supreme Court Disposition

The Supreme Court dismissed the petition and affirmed the RTC decision dated July 18, 1997. The Court held that the RTC correctly exercised jurisdiction to determine the validity and effectivity of the arbitration clause and that the CA ruling directing the RTC to resolve that issue had become final and binding as law of the case.

Jurisdictional and Procedural Reasoning

The Court rejected petitioners’ contention that the controversy fell within the exclusive original jurisdiction of the Securities and Exchange Commission. It reasoned that although the dispute arose out of the termination of a corporate officer, the central issue was the validity and effectivity of an arbitration agreement, a matter determinable by the regular courts under Republic Act No. 876. The Court adopted the Court of Appeals’ view that the determination of the arbitration agreement’s validity did not require particular expertise in corporate internal affairs and therefore did not intrude upon SEC jurisdiction. Because the Court of Appeals’ decision in CA-G.R. SP No. 43059 had become final and executory and its dispositive directive had been obeyed by the RTC, that appellate ruling constituted law of the case binding the petitioners and precluding their renewed challenge in a different forum.

Reasoning on Composition of the Arbitration Panel

On the merits, the Court approved the RTC’s factual observation that MCMC as Manager and MCHC as Corporation represented the same interest in the dispute. The Court explained that where two defendants effectively share the same interest, allowing each to appoint an arbitrator would create a two-to-one majority against the lone arbitrator appointed by the employee, thus risking injustice in the arbitration proceedings. The Court held that such a provision ran afoul of Article 2045, Civil Code, which declares null any clause that gives one party power to choose more arbitrators than the other. Accordingly, the portion of the a

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