CREDIT TRANSACTIONS

I. Loan
a. Commodatum
b. Mutuum

Cases:
 Producers Bank of the Phils v. Court of Appeals, G.r.no.115324, Feb. 09, 2003
 Catholic Vicar Apostolic Church v. Court of Appeals, G.r. no.L-80294-95,
September 21, 1988
 Colito Pajuyo v. Court of Appeals, G.r.no. 146364, June 03, 2004
 Herrera vs Petrophil Corporation G.r. No. L-48349, December 29, 1986
 Advocates for Truth in Lending Inc., v. Bangko Sentral Monetary Board, G.r.no.
192986, Jan 15, 2013
 Eastern Shipping Lines v. Court of Appeals, G.r.no. 97412, July 12, 1994
 BSP circular 799 series of 2013
 Nacar v. Gallery Frames, G.r. no. 189871, August 13. 2013
 Federal Builders Inc. v. Foundation Specialist, Inc., G.r. 194507, September 08,
2014
 Pantaleon v. American Express International, Inc., G.r. no.174269, August 25,
2010

II. Deposit
a. Nature and purpose (Articles 1962, 1963, 1966)
b. Obligations of depositary
c. Fortuitous event (Art.1979)
d. Nature of Bank deposits (Art.1980)
e. Obligation to Return
f. Right of retention
g. Extinguishment
h. Necessary deposit
i. Liability of Hotel-Keepers
Cases:
 BPI v. Reyes, G.r.no. 116792, March 29, 1996
 Citibank N.A. v. Sabeniano, G.r.no. 156132, February 12, 2007
 Sia v. Court of Appeals, G.r.no. 102970, May 13, 1993

III. Guaranty and Suretyship

a. Nature (Arts. 2047-2048)
b. Continuing Guaranty (2053)
c. Qualifications of Guarantor (2056)
d. Benefit of Excussion; (2058-20160)
e. Benefit of Division (2065)
f. Rights of Guarantor (2066-2070)
g. When guarantor may proceed even before payment (2071)
h. Extinguishment of Guaranty (2076, 2077-2080)
Cases:
 The Manila Insurance Co. v. Amurao, G.r. 179628, January 16, 2013
 Jacinto Diño & Norberto Uy v. Court of Appeals, G.r. 89775, Nov. 26, 1992
 Baylon v. CA, G.r. no. 109941, August 17, 1999
  Special steel products v. Lutgardo Villareal & Frederick So, G.r. 143304, [2004]
 Spouses Toh v. Solidbank, G.r. 154183, August 07, 2003

IV. Common Provisions (Pledge, Mortgage, Anthicresis)

a. Requisites (2085)
b. Essence of Pledge or mortgage (2087)
c. Pactum commissorium (2088)
Cases:
 Ereña v. Kauffman, G.r.no.165853, June 22, 2006 (requirement of absolute
ownership)
 Ramos v. Obispo, G.r.no. 193804, February 27, 2013 (accommodation
mortgage)
 Uy Tong v. Court of Appeals, G.r.no. 77465, May 21, 1988
 Francisco Realty v. Court of Appeals, G.r. 125055, Oct. 30, 1998
 PhilNico Industrial Corp., v. Privatization and Management Office, G.r. 199420/
G.r. 199432, August 27, 2014

V. Pledge
a. Requisites
b. Rights of Pledgee
c. Obligations of the Pledgee
d. Subject matter of pledge
(Articles 2095-2096)
i. Caltex Philippines vs. Court of Appeals, G.r.no. 97753, August 10, 1992
Extinguishment of Pledge
ii. Manila Surety vs. Velayo, G.r. no. L-21069, October 26, 1967

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