Republic of the Philippines SUPREME COURT Manila EN BANC G.R. No. L-30642 April 30‚ 1985 PERFECTO S. FLORESCA‚ in his own behalf and on behalf of the minors ROMULO and NESTOR S. FLORESCA; and ERLINDA FLORESCA-GABUYO‚ PEDRO S. FLORESCA‚ JR.‚ CELSO S. FLORESCA‚ MELBA S. FLORESCA‚ JUDITH S. FLORESCA and CARMEN S. FLORESCA; LYDIA CARAMAT VDA. DE MARTINEZ in her own behalf and on behalf of her minor children LINDA‚ ROMEO‚ ANTONIO JEAN and ELY‚ all surnamed Martinez; and DANIEL MARTINEZ and TOMAS
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ABOITIZ SHIPPING CORPORATION V NEW INDIA ASSURANCE COMPANY‚ LTD. [CITATION] QUISUMBING; May 2‚ 2006 NATURE Petition for review on certiorari FACTS - Societe Francaise Des Colloides loaded a cargo of textiles and auxiliary chemicals from France on board a vessel owned by Franco-Belgian Services‚ Inc. - The cargo was consigned to General Textile‚ Inc.‚ in Manila and insured by respondent New India Assurance Company‚ Ltd. - While in Hongkong‚ the cargo was transferred to M/V P. Aboitiz
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CIVIL CODE OF THE PHILIPPINES TITLE V. — PRESCRIPTION Chapter 1 GENERAL PROVISIONS Article 1106. By prescription‚ one acquires ownership and other real rights through the lapse of time in the manner and under the conditions laid down by law. In the same way‚ rights and actions are lost by prescription. COMMENT: (1) Definition of Prescription Prescription is a mode of acquiring (or losing) ownership and other real rights thru the lapse of time in the manner and under the conditions
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