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)
IV. Chattel Mortgage
Distinguished from Financial Leasing
PCI Leasing & Finance, Inc. v. Trojan Metal Industries Inc., et al., G.R. No. 176381, December 15, 2010, 638 SCRA 615.
V. Real Estate Mortgage
A. Effect and Extent
Star Two, Inc. v. Paper City Corp. of the Phil., G.R. No. 169211, March 06, 2013.
B. Right to Alienate Collateral
Garcia v. Villar, G.R. No. 158891, June 27, 2012.
C. Extrajudicial Foreclosure of Real Estate Mortgage
1. Conduct of Sale
Spouses Rabat v. Philippine National Bank, G.R. No. 158755, June 18, 2012.
2. Right of Redemption
a. Statutory Right
Goldenway Merchandising Corporation v. Equitable PCIBAnk, G.R. No. 195540, March 13, 2013.
b. How to Redeem
Spouses Yap v. Spouses Dy, et al., G.R. NO. 171991 and 171868, July 27, 2011.
3. Right to Deficiency
Heirs of the Late Spouses Maglasang v. Manila Banking Corporation, G.R. No. 171206, September 23, 2013.
4. Right to Possession
Chu, et al. v. Lacqui & Philippine Bank of Communications, G.R. No. 169190, February 11, 2010.
Equitable PCI Bank. Inc. v. DNG Realty and Development Corporation, G.R. No. 168672, August 9, 2010, 627 SCRA 125.
BPI Family Savings Bank, Inc. v. Golden Power Diesel Sales Center, Inc., G.R. No. 176019, January 12, 2011, 639 SCRA 405.
Spouses Tolosa v. United Coconut Planters Bank, G.R. No. 183058, April 03, 2013.
Nagtalon v. United Coconut Planters Bank, G.R. No. 172504, July 31, 2013.
VI. The Concept of Insolvency
R. A. No. 10142, Sec. 2, Sec. 4, Sec. 146 to Sec. 148
A. Concurrence & Preference of Credits
R. A. No. 10142, Sec. 62, Sec. 133
B. Classification of Credits
1. Special Preferred Credits
R.A. No. 10142, Sec. 136
2. Ordinary Preferred Credits
R. A. No. 10142, Sec. 133
VII. Rehabilitation
A. Stay or Suspension Order
Town and Country Enterprises, Inc. v. Quisumbing et al., G.R. No. 173610, October 01, 2012.
Situs Development Corp., et. al v. Asiatrust Bank, et al., G.R. No. 180036, July 25, 2012, and G.R. No. 180036, January 16, 2013.
B. Exceptions to Stay or Suspension Order
Panlilio, et al. v. Regional Trial Court, Branch 51, City of Manila, G.R. No. 173846, February 2, 2011, 641 SCRA 438.
C. Rehabilitation Plan
Cram Down Effect
Bank of the Philippine Islands v. Sarabia Manor Hotel Corp., G.R. No. 175844, July 29, 2013
VIII. Liquidation
Treatment of Secured Creditor Claims
Yngson v. Philippine National Bank, G.R. No. 171132, August 15, 2012
