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Signetics Corporation Vs. Court Of Appeals, Et Al.

SIGNETICS CORPORATION, petitioner, vs. COURT OF APPEALS and FRUEHAUF ELECTRONICS PHILS. INC., respondents.

G.R. No. 105141 | 1993-08-31

R E S O L U T I O N


VITUG, J.:

The crucial issue in this petition for review on certiorari is whether or not the lower court, given the factual allegations in the complaint, had correctly assumed jurisdiction over the petitioner, a foreign corporation, on its claim in a motion to dismiss, that it had since ceased to do business in the Philippines.

The petitioner, Signetics Corporation (Signetics), was organized under the laws of the United States of America. Through Signetics Filipinas Corporation (Sig Fil), a wholly-owned subsidiary, Signetics entered into a lease contract over a piece of land with Fruehauf Electronics Phils., Inc....