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Mary Joy Gustilo and Bonifacio M. Pena vs. Jose Vicente Gustilo III and Teresita Young

MARY JOY ANNE GUSTILO and BONIFACIO M. PENA, Petitioners, vs. JOSE VICENTE GUSTILO III and TERESITA YOUNG also known as TITA SY YOUNG, Respondents.

G.R. No. 175497 | 2011-10-19



Republic of the Philippines
SUPREME COURT
Manila


THIRD DIVISION


G.R. No. 175497               October 19, 2011


D E C I S I O N


ABAD, J.:


This case is about the proper characterization of a dispute between the president of a corporation and a stockholder, both heirs to the corporation's controlling shares of stock, over the lease of a property that the president agreed to assign to the stockholder as her inheritance.


The Facts and the Case


Petitioner Mary Joy Anne Gustilo and respondent Jose Vicente Gustilo III are heirs of their natural father, the late Atty. Armando Gustilo (they have different mothers), who...