illegality‚ and no right of action exists in respect of anything arising out of the transaction. In such a case the maxim In pari delicto‚ portior est conditio defendentis applies‚ and the test for determining whether an action lies is to see whether the plaintiff can make out his claim without relying on the illegal transaction to which he was a party. Halsbury 2nd Ed. Vol. VII p. 173. Case referred to Bowmakers Ltd v Barnet Instruments Ltd (1945) 1 KB 65; (1944) 2 All ER 579 1953 1 MLJ 239
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Arbiters and the commission. (a) The Labor Arbiters shall have theoriginal and exclusive jurisdiction to hear and decide within thirty (30) working days after submission of the case by the parties for decision‚ the following cases involving are workers‚ whether agricultural or non-agricultural: 1. Unfair labor practice cases; 2. Those that workers may file involving wages‚ hours of work and other terms and conditions of employment; 3. All money claims of workers‚ including those based on non-payment
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The Case of Bernard Madoff Introduction: Bernard Madoff is a very successful investor and investment adviser in his early career. He is former stock broker‚ investment advisor‚ non-executive chairman of the NASDAQ stock market‚ Madoff founded the Wall Street firm Bernard L. Madoff Investment Securities LLC in 1960‚ and was its chairman until his arrest on December 11‚ 2008. The firm was one of the top market maker businesses on Wall Street‚ which bypassed "specialist" firms by directly executing
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Question 1 Does MAP understand its transportation needs in a changing environment? What role does transportation play in MAP’s supply chain? How is this role different or the same as other companies (multi-nationals‚ retail‚ manufacturing‚ etc.)? Answer: Yes Stanley is aware of the transportation issues plaguing MAP and he is not sure what to do about it. Role of transportation played in MAP’s supply chain:- Stanley received multiple calls from customers complaining about late shipments for
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Supreme Court of the Philippines The Supreme Court of the Philippines (Filipino: Kataas-taasang Hukuman ng Pilipinas) is the country’s highest judicial court‚ as well as the court of last resort. The court consists of 14 Associate Justices and 1 Chief Justice. Pursuant to the Constitution‚ the Supreme Court has "administrative supervision over all courts and the personnel thereof".[1] The Supreme Court complex occupies the corner of Padre Faura Street and Taft Avenue in Manila‚ with the main building
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GSBA521B Term III‚ Fall 2012 Professor Ku Case—Blaine Kitchenware‚ Inc.: Capital Structure Assignment: Your team’s task is to recommend to the Board of Blaine Kitchenware (BKI) whether the firm should undertake the leveraged recap. In doing so‚ please address the four questions below. Teams 1-6: your task is to recommend for a leveraged recap with quantitative and qualitative support Teams 7-13: your task is to recommend against a leveraged recap with quantitative and qualitative support
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Republic of the Philippines SUPREME COURT Manila EN BANC G.R. No. L-13954 August 12‚ 1959 GENARO GERONA‚ ET AL.‚ petitioners-appellants‚ vs. THE HONORABLE SECRETARY OF EDUCATION‚ ET AL.‚ respondents-appellees. K.V. Felon and Hayed C. Cavington for appellant. Office of the Solicitor General Edilberto Barot and Solicitor Conrado T. Limcaoco for appellees. MONTEMAYOR‚ J.: Petitioners are appealing the decision of the Court of First Instance of Masbate dismissing their complaint
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specifically for this text that supplements this case. 1. Hard Rock’s 10 Decisions: This is early in the course to dis- cuss these in depth‚ but still a good time to get the students engaged in the 10 OM decisions around which the text is structured. Product design: Hard Rock’s tangible product is food and like any tangible product it must be designed‚ tested‚ and “costed out.” The intangible product includes the music‚ memorabilia‚ and service. Quality: The case mentions the quality survey as an overt
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The case study‚ “Beijing EAPS Consulting‚ Inc.” in the Custom Book‚ (2011)‚ examines the project management structure of the Beijing EAPS Consulting (BEC) company. This case study also addressesabout project plan itself and how the co-workers are struggling with this communication between bothmangers. This project plan has demonstrated many strengths and weakness. The one thing that theproject plan needs put into action is safeguards to insure that the project is completed on time.BEC has taken
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National Railroad Passenger Corporation ("Amtrak"): Acela Financing On April 30‚ 1999‚ Arlene’ Friner. CFO of Amtrak‚ instructed her treasury staff to review a leventged-lezise proposal from BNY Capital Funding LLC (BNYCF). Several weeks earlier‚ Amtrak and its adviser‚ Babcock & Brown Financial Corporation‚ had invited financial institutions to submit lease-financing proposals for Amtrak’s planned purchase of locomotives and high-speed train sets.’ The equipment would be utilized on the "Acela"
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