This case has been cited 2 times or more.
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2007-10-05 |
SANDOVAL-GUTIERREZ, J. |
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| A purchaser in good faith or innocent purchaser for value is one who buys property and pays a full and fair price for it at the time of the purchase or before any notice of some other person's claim on or interest in it.[7] The burden of proving the status of a purchaser in good faith lies upon him who asserts that status and it is not sufficient to invoke the ordinary presumption of good faith, that is, that everyone is presumed to have acted in good faith.[8] | |||||
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2006-11-16 |
PUNO, J. |
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| Thus, in Tanongan v. Samson,[23] we upheld the dismissal by the Labor Arbiter of a third-party claim over a motor tanker that was levied to satisfy the final and executory decision of the NLRC making employer CAYCO and its owner Olizon liable. We held:The Labor Code grants the National Labor Relations Commission (NLRC) sufficient authority and power to execute final judgments and awards. Thus, a third-party claim of ownership on a levied property should not necessarily prevent execution, particularly where --as in the present case -- the surrounding circumstances point to a fraudulent claim. In fact, the disputed contract of sale here is not merely rescissible; it is simulated or fictitious and, hence, void ab initio. | |||||