FINMAN GENERAL ASSURANCE CORP

G.R. No. 90273-75 November 15, 1989 Case No. 1 FINMAN GENERAL ASSRANCE C!R"., #e$%$%o&er, vs. 'ILLIA 'ILLIAM M IN!CEN IN!CENCI! CI!,, E( AL. AN) E)'IN E)'IN CAR)!N CAR)!NES, ES, (*E A)MINI A)MINIS(R S(RA(! A(!R, R, "*ILI""INE !+ERSEAS AN) EM"L!MEN( A)MINIS(RA(I!N, (*E SECRE(AR !F LA!R AN) EM"L!MEN(, res#o&e&$s.

FAC(S/ "a& "a%% !verseas Rer%$%& Serv%es, I&. 4"a& "a%%6 %s a #r%va$e, ee-ar%&, rer%$me&$ a& em#ome&$ ae&. ( %& aora&e :%$ $e re;%reme&$s o Se$%o& <, Re II, oo= II o $e Res a& Rea$%o&s o $e "%%##%&e !verseas Em#ome&$ Am%&%s$ra$%o& 4"!EA6, "a& "a%% #os$e a sre$ bo& %sse b #e$%$%o&er F%&ma& Ge&era Assra&e Cor#ora$%o& 4F%&ma&6 a& :as ra&$e a %e&se $o o#era$e b $e "!EA. Com#a%&$s :ere %e aa%&s$ "a& "a%% or v%oa$%o& o $e Labor Coe or ar%& a& oe$%& ees b$ % &o$ sere em#ome&$ or $em. (e "!EA Am%&%s$ra$or %m#eae F%&ma&. For %$s #ar$,  #e$%$%o&er F%&ma& %e a& a&s:er e&%& %ab%%$ a& #ea%&, b :a o s#e%a a& a%rma$%ve ee&ses, $a$/ 416 $e "!EA a &o >r%s%$%o& over sre$ bo &s, $a$ >r%s%$%o&  be%& ves$e %& $e I&sra&e Comm%ss%o& or $e rear or$s? 426 %$ %$ 4F%&ma&6 a &o$ v%oa$e Ar$%es 32 a& 3< 4a6 o $e Labor Coe a& om#a%&a&$s@ a%ms a are r%& $e ss#e&s%o& o $e #r%&%#a ob%or, "a& "a%%? 436 om#a%&a&$s a &o ase o a$%o& aa%&s$ F%&ma&, s%&e %$ :as &o$ #r%v $o $e $ra&sa$%o&s be$:ee& $em a& "a& "a%% a& a &o$ ree%ve a& mo&es rom $em? a& 4<6 $e amo&$s a%me b om#a%&a&$s a bee& #a% b $em as e#os%$s a& &o$ as #aeme&$ ees.(e "!EA orere "a& "a%% a& F%&ma& $o #a  >o%&$ a& severa. F%&ma& a##eae $o $e Sere$ar o Labor %&s%s$%& $a$ "!EA a &o a$or%$ $o %m#ea $e sre$ %& $e #roee%&s a& "!EA a &o a$or%$ $o e&ore %re$ $e sre$ bo& aa%&s$ $e sre$.

ISSE/ 'e$er F%&ma&, as $e sre$, %s %abe $o #r%va$e res#o&e&$s re& RLING RLING// ES. ES. "e$%$ "e$%$%o& %o&er er a&&o$ ser%os ser%os  %s#$e %s#$e $e %re$ %re$ a& so%a so%ar r &a$re &a$re o %$s ob%a$%o&s &er %$s o:& sre$ bo&. (e %ab%%$ o a sre$ %& a sre$ bo& %s >o%&$ a& severa :%$ $e #r%&%#a ob%or. (e #os$%& o bo& %s ma&a$e b Se. <, Re II, oo= I o $e "!EA Res a& Rea$%o&s. I "a& "a%% %s %abe $o #r%va$e res#o&e&$s or $e re&s a%me b $em a& $o $e "!EA or $e %&e o "0,000.00, a& % #e$%$%o&er F%&ma& %s so%ar% %abe :%$ "a& "a%% & er $e o#era$%ve $erms o $e bo&, %$ ms$ oo: $a$ F%&ma& %s %abe bo$ $o $e #r%va$e res#o&e&$s a& $o $e "!EA. Cas a& sre$ bo&s are re;%re b $e "!EA a& %$s #reeessor ae&%es rom rer%$me&$ a& em#ome&$ om#a&%es #re%se as a mea&s o e&sr%& #rom#$ a& ee$%ve reorse aa%&s$ s om#a&%es :e& e %abe or a##%a&$s or :or=ers@ a%ms. Cear $a$ #b%  #o% :% be ee$%ve &ea$e % "!EA a& $e )e#ar$me&$ o Labor a& Em#ome&$ :ere e #o:eress $o om#e a sre$ om#a& $o ma=e oo o& %$s so%ar &er$a=%& %& $e same ;as%;as%-> >%% %%a a #roee #roee%& %&  :ere :ere $e %ab% %ab%%$ %$ o $e #r%&% #r%&%#a #a ob%o ob%or, r, $e rer% rer%$me $me&$ &$ or em# em#o ome me&$ &$ ae& ae&, , %s e$e e$erm rm%& %&e e a& a& %Be %Be a& a& :er :eree $e $e sre sre$ $ %s %ve %ve& & reas reaso&a o&ab bee o##or$&%$ $o #rese&$ a& ee&ses %$ or $e #r%&%#a ob%or ma be e&$%$e $o se$ #. "e$%$%o&er sre$ :ose %ab%%$ $o #r%va$e res#o&e&$s a& $e "!EA %s &e%$er more &or ess $a& $a$ o "a& "a%%, %s &o$ e&$%$e $o a&o$er or %ere&$ #roere or e$erm%&a$%o& or %B%& o $a$ %ab%%$ $a& $a$ :% "a& "a%% %s e&$%$e a& sb>e$ $o. (ere a& be &o ;es$%o& $a$ $e o&%$%o&s o $e F%&ma& sre$ bo& "a& "a%% a #os$e :%$ $e "!EA %&e $e %$a%%e #or$%o&s o Se$%o& <, Re 11, oo= I. I$ %s se$$e o$r%&e $a$ $e o&%$%o&s o a bo& s#e%%e a& re;%re %& $e #rov%s%o&s o $e s$a$$e or rea$%o&  #rov%%& or $e sbm%ss%o& o $e bo&, are %&or#ora$e or b%$ %&$o a bo&s $e&ere &er $a$ s$a$$e or rea$%o&, eve& $o &o$ $ere se$ o$ %& #r%&$er@s %&=.