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8 SUPREMECOURTREPORTSANNOTATED
Ansaldo vs. Court of Appeals
*
G.R. No. 47696. August 29, 1989.
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required only in other words, sell‰ its credits against Ansaldo and
Reyes, to a third person; there was no need that the assignment be
in a public document this being required only „to produce x x x
effect as against third persons‰ (Article 1625, Civil Code), i.e., „to
adversely affect 3rd persons,‰ i.e., „a 3rd person with a right against
original creditor, for example, an original creditor of creditor,·
against whom surely such an assignment by his debtor (creditor in
the credit assigned) would be prejudicial, because he, creditor of
assigning creditor, would thus be deprived of an attachable asset of
his debtor x x;‰ x x x Except for the
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* FIRST DIVISION.
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NARVASA,J.:
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10 SUPREMECOURTREPORTSANNOTATED
Ansaldo vs. Court of Appeals
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12 SUPREMECOURTREPORTSANNOTATED
Ansaldo vs. Court of Appeals
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Ansaldo vs. Court of Appeals
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9 Rollo, p. 6.
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had made substantial payments thereon; and (2) he had,
moreover expressly waived „demand, presentment, protest
and notice of protest and non-payment‰ of the note.
WHEREFORE, the appealed Decision of the Court of
Appeals is hereby AFFIRMED, with costs against the
petitioner.
SO ORDERED.
Decision affirmed.
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