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Showing posts with the label G.R. No. 105141

Signetics Corp. v. CA Digest

G.R. No. 105141 August 31, 1993 Ponente: Vitug, J.: Service of Summons on Foreign Corporations Facts: 1. The petitioner, Signetics was organized under the laws of the United States of America. Through Signetics Filipinas Corporation (SigFil), a wholly-owned subsidiary, Signetics entered into lease contract over a piece of land with Fruehauf Electronics Phils., Inc. (Freuhauf).  2. Freuhauf sued Signetics for damages, accounting or return of certain machinery, equipment and accessories, as well as the transfer of title and surrender of possession of the buildings, installations and improvements on the leased land, before the RTC of Pasig (Civil Case No. 59264). Claiming that Signetics caused SigFil to insert in the lease contract the words "machineries, equipment and accessories," the defendants were able to withdraw these assets from the cost-free transfer provision of the contract.  3. Service of summons was made on Signetics through TEAM Pacific Corp...