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Simny Guy vs. Calo (RTC Judge of Mandaluyong City)

SIMNY G. GUY, GERALDINE G. GUY, GLADYS G. YAO, and the HEIRS OF THE LATE GRACE G. CHEU, Petitioners, vs. GILBERT G. GUY, Respondent. x - - - - - - - - - - - - - - - - - - - - - - - x SIMNY G. GUY, GERALDINE G. GUY, GLADYS G. YAO, and the HEIRS OF THE LATE GRACE G. CHEU, Petitioners, vs. THE HON. OFELIA C. CALO, in her capacity as Presiding Judge of the RTC -Mandaluyong City - Branch 211 and GILBERT G. GUY, Respondents.

G.R. No. 189486 / G.R. No. 189699 | 2012-09-05

SECOND DIVISION
D E C I S I O N
 
 
PEREZ, J.:
 
THE FACTS
 
With 519,997 shares of stock as reflected in Stock Certificate Nos. 004-014, herein respondent Gilbert G. Guy (Gilbert) practically owned almost 80 percent of the 650,000 subscribed capital stock of GoodGold Realty & Development Corporation (GoodGold),1 one of the multi-million corporations which Gilbert claimed to have established in his 30s. GoodGold's remaining shares were divided among Francisco Guy (Francisco) with 130,000 shares, Simny Guy (Simny), Benjamin Lim and Paulino Delfin Pe, with one share each, respectively. 
 
Gilbert is the son of...