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SUBJECT OUTLINE

AGENCY-TRUST-PARTNERSHIP (ATP)
Professor Atty. Teresa Q. Blanco

PARTNERSHIP
I. Concept (Arts. 1767-1783)
a) Definition / Characteristics / Elements
b) Essential Features / Relationships Created
c) Incidents of Partnership
d) Requirements for its Creation / Distinct Personality
e) Rules on Determination of Existence
- Partnership vs. Co-ownership

II. The Partnership & The Partners (Arts. 1780-1799)


a) Inception
b) Classification of Partnership
- Universal / Particular / General / Limited (Whole Chapter)
c) Prohibition vs partners
- Application of Payment
- Liability on Losses
d) Distribution of Profits

III. Partners Rights & Obligations (Arts. 1800-1814)


a) Managing Partner
- Method of Appointment
- Powers & Exercise thereof
b) Partners Share
- Association of 3rd persons
- Assignment / Rights & Obligations
c) Rights of Partners

IV. Partnerships Business & Contractual Obligations (Arts. 1815-1827)


a) Name
b) Contractual Obligations
- Partnership
- Partners
c) Partners Liability
- 3rd Persons
- Private creditors

V. Dissolution & Winding Up (Arts. 1828-1842)


a) Definition
b) Grounds/Causes for Dissolution
c) Effects of:
- Dissolution / Winding Up / Termination
CASES
1. Jose Fernandez vs. Francisco Dela Rosa, GR No. 413, Feb. 2, 1903 (6 Phil 671)
2. CatalinoGallemit vs. CeferinoTabiliran, GR No. 5837 (20 Phil 241)
3. CIR vs. William Suter, et al., GR No. L-25532, Feb. 28, 1969 (27 SCRA 152)
4. Hrs. of Tan EngKee vs. CA& Benguet Lumber Co., GR-126881 Oct. 3, 2000
5. Teague vs. Martin,et al., GR No. 30286, Sept. 12, 1929
6. George Litton vs. Hill &Ceron, et al., GR No. L-45624, April 25, 1939
7. Antonio Goquiolay, et al. vs. Washington Sycip, et al., GRL-11840, July 26, 1960
8. Island Sales, Inc. vs. United Pioneers Gen. Cons. Co. GR L-22493 July 31, 1975
9. Pacific Commercial Co. vs. Aboitiz &Martinez, 98 Phil 841 1926
10. Luzminda Villareal, et al. vs. Donald Efren Ramirez, et al. GR 144214 July 14,
2003
11. Lilibeth Sunga-Chan vs. Cecilia Chan, GR No. 143340 Aug. 15, 2001 /
Lilibeth Sunga-Chan vs. CA GR No. 164401, June 25, 2008

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