Asiatic Petroleum vs. Co Quico (1940):
Mobilia
sequuntur personam was
used to consider general convenience and public policy; it cannot be applied if
it would result in inescapable and patent injustice. Modern view is to make no
distinction on rules on movables and immovables. All property within a State is
subject to the jurisdiction of its courts, and they have the right to
adjudicate title thereto, to enforce liens thereupon, and to subject it to the
payment of the debts of its owners whether resident or not.
CIR vs. Anglo California National Bank
(1960): (1) Shares of stocks are considered as
intangible personal properties. (2) Tax
Code levies income taxes on foreign corporations only on income derived from sources within the Philippines and
with respect to capital gains on the sale of personal properties. (3) Tax Code deems place of sale as place or
source of capital gain.
Emerald Garment Mfg. Corp. vs. CA
(1995): (1) Any foreign corporation which is a national/domiciliary of a country which is a party to a convention, treaty or agreement relating to intellectual property to which the Philippines is also a party or extends reciprocal rights to our nationals by law shall be entitled to benefits to the extent necessary to give effect to any provision of such convention. (2) A foreign corporation may have the
capacity to sue for infringement but the question of whether they have an
exclusive right over their trademark will depend on the actual use of the emblem in the local market. (3) For lack of
adequate proof of actual proof of actual use of its trademark in the Philippines
prior to local corporation’s use of its own mark and for failure to establish
confusing similarity between said trademarks, foreign corporation’s action for
infringement must necessarily fail.