Course OutlineCredit TransactionsP.U.P. College of LawSecond Semester, SY 2014-2015Atty. Red C. Luzung

Course Outline

I. Introduction

II. Concept of Loan - Articles 1933 to 1934

a. Commodatum - Articles 1935 to 1952b. Mutuum - Articles 1953 to 1961

Usury Law - Act No. 2655, as amendedBSP Circular No. 799 series of 799

Cases:

1. CIR v. Burroughs Limited 142 SCRA 3242. People v. Concepcion, 44 Phil 1263. Republic v. Bagtas, 6 SCRA 2624. Quintos v. Beck, 69 Phil 1085. Saura Import & Export Co., Inc. v. DBPq, 44 SCRA 4456. GSIS v. CA, 145 SCRA 3117. Ligutan v. CA, 376 SCRA 5608. Eastern Shipping Lines v. CA, 234 SCRA 789. Producers Bank v. CA, 397 SCRA 65110. Garcia v. Thio, 518 SCRA 43311. Pajuyo v. CA, 430 SCRA 49212. BPI Family Bank v. Franco and CA, 538 SCRA 18413. People v. Puig, 563 SCRA 564

III. Concept of Deposit - Articles 1962 - 2009

Warehouse Receipts Law - Act No. 2137, as amended

Cases:

14. Bank of the Philippine Islands v. IAC, 164 SCRA 63015. Bishop of Jaro v. De la Peña, 26 Phil 14416. CA Agro-Industrial Development Corp. v. Court of Appeals, 219 SCRA 42617. Triple –V Food vs. Filipino Merchants, G.R. No. 160544, Feb. 21, 200518. YHT Realty Corporation v. Court of Appeals, 451 SCRA 638

IV. Security Devices

a. Guaranty and Suretyship - Articles 2047 - 2084b. Pledge - Articles 2085 - 2123c. Real Estate Mortgage - Articles 2124 - 2131

d. Antichresis - Articles 2132 - 2139e. Chattel Mortgage - Articles 2140 - 2141Real Estate Mortgage - Act 3135 as amended

Cases:

19. E. Zobel, Inc. v. CA, 290 SCRA 120. Phil. Blooming Mills, Inc. v. CA, 413 SCRA 44521. IFC v. Imperial Textile Mills, Inc., 475 SCRA 14922. DBP v. CA, 284 SCRA 1423. Bustamante v. Rosel, 319 SCRA 41324. Ong V. Roban Lending Corporation, 557 SCRA 51625. Paray & Espeleta v. Rodriguez et al., 479 SCRA 57126. Medida v. CA, 208 SCRA 88727. Suico v. PNB, 531 SCRA 51428. Huerta Alba Resort, Inc. v. CA, 339 SCRA 53429. People’s Bank & Trust Company v. Dahican Lumber Company, 20 SCRA 8430. Makati Leasing & Finance Corp. v. Wearever Textile Mills, 122 SCRA 29631. Dy v. CA, 198 SCRA 82632. Pameca Wood Treatment Plant v. CA, 310 SCRA 28133. Acme Shoe Rubber & Plastic Corp. v. CA, 260 SCRA 71434. Servicewide Specialist Inc. v. CA, 320 SCRA 47835. Victoria Yau Chu vs. Hon. Court of Appeals et al., 177 SCRA 793

V. Concurrence and Preference of Credits - Articles 2236 - 2251

Insolvency Law - Act No. 1956, as amended

Cases:

36. De Barreto v. Villanueva, 1 SCRA 28837. J. L. Bernardo Construction v. CA, 324 SCRA 2438. DBP v. CA, 363 SCRA 30739. Ruby Industrial Corp. v. CA, 284 SCRA 44540. Rubberworld (Phils.), Inc. v. NLRC et al., 305 SCRA 72141. LECA Realty Corp. v. Manuela Corporation, 534 SCRA 9742. Chas Realty & Development Corporation v. Talavera, 397 SCRA 8443. RCBC v. Intermediate Appellate Court, 320 SCRA 27944. Sobrejuanite v. ASB Development Corporation, 471 SCRA 76345. Metrobank v. SLGT Holdings, Inc., et al., 533 SCRA 51646. PAL v. CA, 566 SCRA 12447. Clarion Printing House, Inc. v. NLRC, 461 SCRA 27248. Ong v. PCI Bank, 448 SCRA 70549. Sy Chim v. Sy Siy Ho & Sons, Inc., 480 SCRA 46550. Metrobank v. ASB Holdings, Inc. 517 SCRA 1

VI. Other Laws applicable

Code of CommerceChattel Mortgage Law - Act 1508, as amendedShip Mortgage Decree - Pres. Decree 1521Property Registration Decree - Pres. Decree No. 1529

Truth in Lending Act - Rep. Act No. 3765Pawnshop Regulation Act - Pres. Decree No. 114Financing Company Act - Rep. Act No. 5980, as amendedTrust Receipts Law – Pres. Decree No. 115

General Bonded Warehouse Act – Rep. Act No. 3893

Financial Rehabilitation and Insolvency Act – Rep. Act No. 10142

Cases:

51. MWSS v. Daway & Maynilad Water Services, Inc., 432 SCRA 55952. Colinares & Veloso v. CA, 339 SCRA 60953. UCPB v. Samuel & Beluso, 530 SCRA 56754. Carpo v. Chua & Dy Ng, 471 SCRA 47155. PNB v. Se, et al., 256 SCRA 380

The word "Articles" refer to Articles of the New Civil Code of the Philippines.