MR Holdings v. Sheriff Carlos P. Bajar G.R. No. 138104 April 11, 2002 Foreign Corporation “Doing Business” in the Philippines
FACTS: Asian Development Bank (ADB) extended a loan to Marcopper Mining Corp. to finance the latter’s mining project. ADB and Placer Dome, Inc., a foreign corporation which owns 40% of Marcopper, executed a “Support and Standby Credit Agreement” whereby the latter agreed to provide Marcopper with cash flow support for the payment of its obligations… Read More MR Holdings v. Sheriff Carlos P. Bajar G.R. No. 138104 April 11, 2002 Foreign Corporation “Doing Business” in the Philippines

