Professional Documents
Culture Documents
Grading System:
Attendance - 10%
Recitation / Quizzes - 20%
Midterms - 30%
Finals - 40%
I. Introduction
A. Concept of Credit
B. Meaning & Kinds Security
C. Credit Transactions
II. Loan
A. General Concepts / Principles
1. Art. 1933
2. Kinds
3. Characteristics
4. Contract to Loan v. Contract of Loan (Art. 1934)
Cases:
Garcia v. Thio, 518 SCRA 433 (2007)
Saura Import & Export Co., Inc. v. Development Bank of the Philippines,
44 SCRA 445 (1972)
BPI Investment Corporation v. Court of Appeals, 377 SCRA 117 (2002)
Pantaleon v American Express International, Inc. 629 SCRA 276
B. Commodatum
1. Object
2. Consideration
3. Parties
4. Obligations of Bailee
5. Obligations of Bailor
6. Liability for Expenses & Damages
7. Risk of Loss & Deterioration
8. Term & Extinguishment of Contract
Cases:
Producers Bank of the Philippines v Court of Appeals, 397 SCRA 351
(2003)
Pajuyo v Court of Appeals, 430 SCRA 492 (2004)
Republic v Bagtas, 6 SCRA 262 (1962)
Quintos v Beck, 69 Phil. 108 (1939)
Cases:
Chee Kiong Yam, et al v Hon. Malik, G.R. No. L-50550-52
People v Puig & Porras, 563 SCRA 564 (2008)
BPI Family Bank v Franco, 538 SCRA 184 (2007)
Frias v Court of Appeals, 520 SCRA 244 (2007)
Siga-an v Villanueva, 576 SCRA 696 (2009)
Sps. Juico v China Banking Corporation 695 SCRA 520 (2013)
Sps. Silos v Philippine National Bank, 728 SCRA 617 (2014)
Sps. Salvador Abella v Sps. Romeo Abella, G.R. No. 195166
Ligutan v Court of Appeals 376 SCRA 560 (2002)
Eastern Shipping Lines, Inc. v Court of Appeals 234 SCRA 78 (1994)
Nacar v Gallery Frames 703 SCRA 439 (2013)
Estores v Sps. Supangan, 670 SCRA 95
United Coconut Planters Bank v Samuel & Beluso 530 SCRA 567 (2007)
Advocates for Truth in Lending, Inc. & Olaguer v Bangko Sentral Monetary
Board 688 SCRA 530 (2013)
Carpo v Chua & Dy Ng, 471 SCRA 471 (2005)
III. Deposit
A. General Concepts
1. Definition (Art. 1962)
2. Kinds (Art. 1964, 1967)
B. Voluntary Deposit
1. Concept (Art. 1963, 1968, 1995)
2. Form of Deposit
3. Object of Deposit
4. Consideration
5. Parties
6. Obligations of the Depositary
7. Obligations of the Depositor
8. Risk of Loss & Deterioration
9. Extinguishment
C. Necessary Deposit
1. Concept (Art. 1967, 1966)
2. Examples of Necessary Deposit
a. Compliance with Legal Obligation
b. On the Occasion of a Calamity
c. Passenger Baggage with Common Carriers
d. Hotels or Inns
D. Judicial Deposit
1. Concept (Art. 2005, 2009)
2. Object of the Contract
3. Form of the Contract
4. Obligations of Depositary
Cases:
Bank of the Philippine Islands v IAC, 164 SCRA 630 (1988)
Triple V Food Services, Inc. v Filipino Merchants Insurance Company, Inc., G.R.
No. 160544, February 21, 2005
CA Agro-Industrial Development Corporation v CA, 219 SCRA 426 (1993)
Roman Catholic Bishop of Jaro v Dela Pena, 26 Phil. 144 (1913)
Durban Apartments Corporation v Pioneer Insurance & Surety Corporation,
G.R. No. 179419, January 12, 2011
Chan v Maceda, G.R. No. 142591, April 30, 2003
YHT Realty Corporation v CA, 451 SCRA 638 (2005)
Case:
Tupaz IV & Tupaz v. Court of Appeals & Bank of the Philippine Islands,
G.R. No. 145578, November 18, 2005, 475 SCRA 398.
D. Surety
1. General Concepts
Art. 2047, Art. 1211, Art. 1216, Art. 2082, Art. 2056,
Art. 2083, Art. 2084
2. Form of Suretyship
3. Obligations Secured
Art. 2053
4. Distinguished from Standby Letter of Credit
5. Distinguished from Guaranty
6. Distinguished from Joint and Solidary Obligations Art. 2066, Art.
2067, Art. 1217
Cases:
Security Bank & Trust Company v. Cuenca, G.R. No. 138544, October
3, 2000, 341 SCRA 781
Palmares v. Court of Appeals & M.B. Lending Corporation, G.R. No.
126490, March 31, 1998, 288 SCRA 422.
E. Zobel, Inc. v. Court of Appeals, G.R. No. 113931, May 6, 1998, 290
SCRA 1.
Philippine Blooming Mills, Inc. & Ching, v. Court of Appeals, G.R. No.
142381, October 15, 2003, 413 SCRA 445.
Escano & Silos v. Ortigas, Jr., G. R. No. 151953, June 29, 2007, 526
SCRA 26
F. Antichresis
1. General Concepts
Civil Code, Art. 2132, Art. 2133, Art. 2135, Art. 2138
2. Form of Antichresis Art. 2134
3. Obligations Secured
Art. 2139, Art. 2085, Art. 2089, Art. 2090, Art. 2091
4. Object of Antichresis Art. 2132
5. Right of Retention Art. 2136
6. Foreclosure of Antichresis Art. 2137
Case: Diego v. Fernando, G.R. No. L-15128, August 25, 1960, 109 Phil 143
G. Pledge
1. General Concepts
Art. 2085, Art. 2087, Art. 2093, Art. 2123
2. Object of Pledge Art. 2094, Art. 2095
3. Legal Pledges Art. 2121
i. Examples of Legal Pledges
Art. 1944, Art. 1951, Art. 1994, Art. 2004,
Art. 546, Art. 1731
ii. Possession and Care of the Object of Pledge
Art. 2110, Art. 2098, Art.
2109, Art. 2097, Art. 2099, Art. 2100, Art. 2104. Art. 2105, Art. 2107, Art.
2108, Art. 2110
iii. Foreclosure of Legal Pledge
Art. 2122, Art. 2121, Art. 2112, Art. 2119
- Who May Bid
Art. 2113, Art. 2114
- Effect of Notarial Sale
Art. 2115, Art. 2116
- No Right of Redemption
Paray & Espeleta v. Rodriguez, et al.,
G.R. No. 132287, January 24, 2006, 479
SCRA 571.
- Right to Surplus or Deficiency
Art. 2115, Art. 2121
4. The Registry
Sec. 26, Sec. 64, Sec. 38, Sec. 27 Sec. 35, Sec. 28-31, Sec. 44
Sec. 36.
Sec. 32-34
Sec. 39- 43
5. Priority of Security Interest
Sec. 17-22
Sec. 3 (g), Sec. 23, Sec. 24
6. Enforcement of Security Interest Sec. 47, Sec. 63
Sec. 46, Sec. 48, Sec.
49-51, Sec. 45, Sec. 52-54
7. Transitional Provisions Sec. 55-59
Cases:
Makati Leasing & Finance Corporation v. Wearever Textile Mills, Inc. &
Court of Appeals, G.R. No. L-58469, May 16, 1983, 122 SCRA 296
Manila Banking Corporation v. Teodoro, Jr. and Teodoro, G.R. No. 53955,
January 13, 1989, 169 SCRA 95
Yau Chu v. Court of Appeals et al., G.R. No. L-78519, September 26, 1989
PCI Leasing & Finance, Inc. v. Trojan Metal Industries Inc., et al., G.R. No.
176381, December 15, 2010, 638 SCRA 615
Citibank, N.A. & Investors Finance Corporation v. Sabeniano, G.R. No.
156132, October 12, 2006, 504 SCRA 378
Paray & Espeleta v. Rodriguez, et al., G.R. No. 132287, January 24, 2006
V. Insolvency
A. Concepts
1.
General Concept Art. 2236, Art. 2237
FRIA, Sec. 2, Sec. 146, Sec. 147,
Sec. 148 FR Rules, Rule 1, Sec. 5(c)
2. Nature of Insolvency Proceedings FRIA, Sec. 3, Sec. 7, Sec. 6
3. Civil and Criminal Liability in Insolvency Proceedings Sec. 10, Sec. 145
4. Cross-Border Insolvency Proceedings
Sec. 139, Sec. 140, Sec. 141, Sec. 142
C. Suspension of Payments
D. Rehabilitation
E. Liquidation
Cases:
De Barreto, et al. v. Villanueva, et al., G.R. No. L-14938, January 28, 1961, 1
SCRA 288
J.L. Bernardo Construction v. Court of Appeals, G.R. No. 105827, January 31,
2000, 324 SCRA 24
Cordova v. Reyes Daway Lim Bernardo Lindo Rosales Law Offices, et. al,
G.R. No. 146555, July 3, 2007, 526 SCRA 300
Viva Shipping Lines, Inc. v. Keppel Philippines Mining, Inc. G.R. No. 177382,
February 17, 2016
Rizal Commercial Banking Corporation v. Intermediate Appellate
Court,
G.R. No. 74851, December 9, 1999,
Sobrejuanite v. ASB Development Corporation, G.R. No. 165675,
September 30, 2005, 471 SCRA 763
Town and Country Enterprises, Inc. v. Quisumbing, et al., G.R. No. 173610 &
174132, October 01, 2012, 682 SCRA 128
Metropolitan Waterworks & Sewerage System v . Daway and Maynilad
Water Services, Inc., G.R. No. 160732, June 21, 2004, 432 SCRA 559
Panlilio, et al. v. Regional Trial Court, Branch 51, City of Manila, G.R. No.
173846, February 2, 2011, 641 SCRA 438
Philippine Asset Growth Two, Inc. & Planters Development Bank v.
Fastech Synergy Philippines, Inc., et. al, G.R. No. 206528, June 28, 2016.
Pryce Corporation v. China Banking Corporation, G.R. No. 172302, February
18, 2014, 716 SCRA 207
Consuelo Metal Corporation v Planters Development Bank &
Maningas,
G.R. No. 152580, June 26, 2008, 555 SCRA 465
Yngson v. Philippine National Bank, G.R. No. 171132, August 15, 2012, 678
SCRA 447.