Outline of the Lecture for the Mandatory Continuing Legal Education Program
of the U.P. Law Center
Part 1. Law and Jurisprudence
I. The Concept of Loan
Nature of Credit Card Transactions
Pantaleon v. American Express International, Inc., G.R. No. 174269, August 25, 2010, 629 SCRA 276.
II. Simple Loan
A. Interest
1. Conventional Interest
Escalation Clauses
Spouses Juico v. China Banking Corporation, G.R. No. 187678, April 10, 2013.
2. Compensatory, Penalty or Indemnity Interest
a. Forbearance of Money
Estores v. Spouses Supangan, G.R. No. 175139, April 18, 2012.
b. Legal Interest Rate
Central Bank Circular No. 799, Series of 2013, effective July 1, 2013
Nacar v. Gallery Frames and/or Bordey, G.R. No. 189871, August 13, 2013, EN BANC.
B. Usury
Constitutionality of the Suspension of the Usury Law
Advocates for Truth in Lending, Inc. and Olaguer v. Bangko Sentral Monetary Board,
G.R. No. 192986, January 15, 2013, EN BANC.
III. The Concept of Security
Kinds of Security Transactions
R.A. No. 10142, Sec. 4 (p) (ll) (kk) (jj) (qq) (pp) (t)
