Title
Sicam vs. Jorge
Case
G.R. No. 159617
Decision Date
Aug 8, 2007
Pawnshop owner held personally liable for lost jewelry after robbery; corporate veil pierced due to negligence and misleading practices.

Case Summary (G.R. No. 159617)

Key Dates

September–October 1987: Jewelry pledged for P59,500.00
October 19, 1987: Alleged robbery at pawnshop vault
September 28, 1988: Complaint filed in RTC (Civil Case No. 88-2035)
January 12, 1993: RTC Decision dismissing respondents’ complaint
March 31, 2003: CA Decision reversing RTC and awarding P272,000.00 plus fees
August 8, 2003: CA Resolution denying reconsideration
August 8, 2007: Supreme Court Decision

Applicable Law

1987 Philippine Constitution (Article VIII, Section 8)
Civil Code provisions on fortuitous events (Article 1174), diligence of a good father of a family (Articles 2099, 1170, 1173), pledge (Article 2123)
Central Bank Circular No. 374 (later amended by Circular No. 764)
Rule 45, Rules of Court (Supreme Court review of appellate errors)

Factual Background

Respondent Lulu Jorge pawned jewelry items with petitioner pawnshop. On October 19, 1987, two armed men allegedly robbed the pawnshop vault, seizing cash and pledged jewelry. Petitioner Sicam notified respondents of the loss. Respondent Lulu disputed the robbery account, asserting that pledged jewelry was stored with Far East Bank under established practice. Petitioner failed to return pledged items upon respondents’ demand.

Procedural History

RTC dismissed respondents’ complaint, holding: (1) Sicam personally was not liable for corporate transactions; (2) robbery constituted a fortuitous event exempting the pawnshop from liability. Respondents appealed. The CA reversed, piercing the corporate veil to hold Sicam personally liable and finding concurrent negligence for failure to insure and secure the pledged items. Petitioners’ motion for reconsideration was denied. They then filed a Petition for Review on Certiorari before the Supreme Court.

Issues

  1. Whether Sicam should be held personally liable despite corporate incorporation.
  2. Whether the loss by robbery is a fortuitous event exempting petitioners from liability or whether petitioners were negligent in safeguarding the pledged jewelry.

Supreme Court Ruling and Rationale

  1. Piercing the Corporate Veil
    – The CA properly pierced the corporate veil because petitioners continued issuing pawnshop receipts in Sicam’s name, thus misleading respondents to believe the business was his sole proprietorship.
    – Judicial admissions in respondents’ Amended Complaint did not preclude rebuttal, as such admissions were taken out of context and made under mistake.
  2. Fortuitous Event vs. Negligence
    – Robbery is not per se a fortuitous event. Petitioners bore the burden to prove absence of negligence.
    – Petitioners’ own testimony revealed foreseen risk (desire to deposit pledges in a bank vault)

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