Академический Документы
Профессиональный Документы
Культура Документы
Syllabus
Atty. Gene Abot
7-9PM Friday
SEC vs. Interport Resources Corp., et al., Oct 6, 2008, G.R. No. 135808
F. Protection of investors
1. Tender offer rule
Cemco Holdings, Inc., vs. National Life Insurance Company of the Philippines,
Inc., G.R. No. 171815, Aug 7, 2007.
2. Rules on proxy solicitation
GSIS vs. CA, et al., G.R. No. 183905, Apr 16, 2009.
3. Disclosure rule
SEC vs. Interport Resources Corp., et al., Oct 6, 2008, G.R. No. 135808
G. Civil liability
1. PRESIDENTIAL DECREE NO. 902-A
2. Formal requisites
3. Registration
Chattel mortgage on house not binding on third persons not parties to
contract
Piansay, et al. vs. David, et al., G.R. L-19468. October 30, 1964.
4. After-acquired property
Torres, et al. vs. Limjap, G.R. 34385, September 21, 1931.
5. After-incurred obligation
Acme Shoe, et al. vs. CA, et al., G.R. 103576, August 22, 1996.
Sale at public action need not be conducted the whole day from 9:00
a.m. until 4:00 p.m. of the scheduled auction day as provided in
Section 4 of Act 3135
PNB vs. Spouses Cabatingan, et al., G.R. 167058, July 9, 2008
Two bidders not required for valid auction sale
Spouses Certeza, et al. vs. Philippine Savings Bank, G.R. 190078,
March 5, 2010.
Inadequacy of bid price
Valmonte, et al. vs. CA, et al., G.R. L-41621, February 18, 1999.
6. Possession by purchaser of foreclosed property
7. Remedy of debtor if foreclosure is not proper
Options of creditor where loan is secured by a mortgage and a check
Spouses Yap vs. First e-Bank, G.R. 169889, September 29, 2009. -same
8. Redemption
Right of redemption distinguished from equity of redemption
Huerta Alba Resort vs. CA, et al., G.R. 128567, September 1, 2000.
Redemption price to be paid by accommodation mortgagors
Belo vs. PNB, et al., G.R. 134330, March 1, 2001.
a) Who may redeem
b) Amount of redemption price
c) Period for redemption
Nature of redemption period
Sps. Landrito, Jr. et al. Jr., vs. CA, et al., G.R. 133079, August 9, 2005.
One-year redemption period computed from registration date of certificate of
foreclosure sale
Reyes vs. Noblejas, et al., G.R. L-23691, November 25, 1967.
Extension of 1-year redemption period
Lazo vs. Republic Surety, G.R. L-27365, January 30, 1970;
Ibaan Rural Bank vs. CA, et al., G.R. 123817, December 17, 1999.
Preserving right of redemption beyond redemption period
Hi-Yield Realty vs. CA, et al., G.R. 138978, September 12, 2002.
Redemption allowed notwithstanding lapse of period of redemption
Spouses Castro vs. Tan, et al.. G.R. 168940, November 24, 2009.
d) Effect of pendency of action for annulment of sale
Action to annul foreclosure sale does not suspend period of redemption
Metropolitan Bank vs. Spouses Tan, et al., G.R. 178449, October 17, 2008
Case for judicial redemption not filed in good faith but for the purpose of
stretching the period of redemption indefinitely
Tolentino vs. CA, et al., G.R. 171354, March 7, 2007.
Actual and simultaneous tender of payment must accompany statement of
intention to redeem
Heirs of Quisumbing vs. PNB, et al., G.R. 178242, January 20, 2009.
9. Writ of possession
a) Ministerial duty of the court
Issuance of writ of possession
a. Samson, et al. vs. Rivera, et al., G.R. 154355, May 20, 2004;
b. DBP vs. Spouses Gatal, G.R. 138567, March 4, 2005.
b) Enforcement against third parties
c) Pendency of action for annulment of sale
Posting of bond not necessary if writ of possession applied for after
ownership has vested on the creditor-mortgagee
Metropolitan Bank and Trust Company vs. Spouses Bance, G.R. 167280,
April 30, 2008.
Exception to the rule that issuance of writ of possession ministerial and
may be done ex parte
China Banking Corporation vs. Spouses Lozada, G.R. 164919, July 4, 2008
Non-return by mortgagee of the surplus from the proceeds of the
foreclosure sale
Metropolitan Bank vs. Lamb Construction, G.R. 170906, November 27,
2009
Petition for issuance of writ of possession is neither a complaint nor an
initiatory pleading
Metropolitan Bank vs. Abad Santos, et al., G.R. 157867, December 15,
2009.
Ex parte petition for issuance of possessory writ under Section 7 of Act
3135 is not the judicial process contemplated under Article 433 of the
Civil Code
DBP vs. Prime Neighborhood Assn., G.R. 175728 & 178914. May 8,2009.
10. Annulment of sale
VII. Truth in Lending Act (R.A. 3765)
1. Purpose
Heirs of Zoilo and Primitiva Espiritu vs. Sps. Maximo and Paz Landrito, G.R.
No. 169617, Apr 4 , 2007.
2. Obligation of creditors to person to whom credit is extended
UCPB, vs Sps. Samuel and Odette Beluos, G.R. No. 159912, Aug 17, 2007,
3. Covered and excluded transactions
4. Consequences of non-compliance with obligation
BPI vs. Sps. Norman and Angelina Yu and TUANSON BUILDERS CORP., G.R.
No. 184122, Jan 20, 2010
VIII. Anti-money Laundering Law (R.A. 9160, as amended by R.A. 9194)
1.
2.
3.
4.
3.
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5.
6.
c) Export enterprise
d) Domestic market enterprise
Registration of investments of non-Philippine nationals
Foreign investments in export enterprises
Foreign investments in domestic market enterprises
Foreign investment negative list