Oleo Fats, Inc. v. Oleo Manufacturing Corp.

 [SEC-SICD * CASE NO. 10-97-5800. August 10, 1998.]OLEO FATS, INC., complainant, vs. OLEO MANUFACTURING CORP., respondent.D E C I S I O NComplainant brings this action to compel respondent to change its corporate name. IaAHCEThe facts of this case are undisputed.The complainant, OLEO-FATS, INC., is a Philippine domestic corporation engaged in the business of manufacturing, importing, exporting, buying and selling, of products utilizing fats and oils as principal raw material. It was issued a Certificate of Incorporation on 04 May 1987 and from that day until the present, it has built a reputable business enterprise, has gained a substantial clientele and has been enjoying well earned patronage and goodwill in the oils and fats industry, under its corporate name.The respondent, OLEO MANUFACTURING CORPORATION, is likewise organized under Philippine law, and is also engaged in the business of manufacturing, importing, exporting, buying and selling, of products utilizing fats and oils as principal raw material. It was issued a Certificate of Incorporation on 22 December 1993, six years after Oleo-Fats, Inc. commenced its corporate existence.In the complaint...