Credit Transactions

U.P. College of Law

Second Semester, SY 2010-2011
Rocky L. Reyes

Course Outline

I. Introduction

II. Loan - Articles 1933 to 1934

a. Commodatum - Articles 1935 to 1952

b. Mutuum - Articles 1953 to 1961

Usury Law - Act No. 2655, as amended

Cases:

1. CIR v. Burroughs Limited 142 SCRA 324

2. People v. Concepcion, 44 Phil 126
3. Republic v. Bagtas, 6 SCRA 262
4. Quintos v. Beck, 69 Phil 108
5. Saura Import & Export Co., Inc. v. DBP, 44 SCRA 445
6. GSIS v. CA, 145 SCRA 311
7. Ligutan v. CA, 376 SCRA 560
8. Eastern Shipping Lines v. CA, 234 SCRA 78

9. Producers Bank v. CA, 397 SCRA 651

10. Garcia v. Thio, 518 SCRA 433
11. Pajuyo v. CA, 430 SCRA 492
12. BPI Family Bank v. Franco and CA, 538 SCRA 184
13. People v. Puig, 563 SCRA 564

III. Deposit - Articles 1962 - 2009

Warehouse Receipts Law - Act No. 2137, as amended

Cases:

14. Bank of the Philippine Islands v. Intermediate Appellate Court, 164 SCRA 630
15. Bishop of Jaro v. De la Pea, 26 Phil 144
16. CA Agro-Industrial Development Corporation v. Court of Appeals 219 SCRA 426
17. Triple V Food vs. Filipino Merchants, G.R. No. 160544, Feb. 21, 2005
18. YHT Realty Corporation v. Court of Appeals, 451 SCRA 638

IV. Security Devices

a. Guaranty and Suretyship - Articles 2047 - 2084

b. Pledge - Articles 2085 - 2123
c. Real Estate Mortgage - Articles 2124 - 2131
d. Antichresis - Articles 2132 - 2139
e. Chattel Mortgage - Articles 2140 - 2141

Cases:

19. E. Zobel, Inc. v. CA, 290 SCRA 1

20. Phil. Blooming Mills, Inc. v. CA, 413 SCRA 445
21. IFC v. Imperial Textile Mills, Inc. 475 SCRA 149
22. DBP v. CA, 284 SCRA 14
23. Bustamante v. Rosel, 319 SCRA 413
24. Ong V. Roban Lending Corporation, 557 SCRA 516
25. Paray & Espeleta v. Rodriguez et al., 479 SCRA 571
26. Medida v. CA, 208 SCRA 887
27. Suico v. PNB, 531 SCRA 514
28. Huerta Alba Resort, Inc. v. CA, 339 SCRA 534
29. Peoples Bank & Trust Company v. Dahican Lumber Company, 20 SCRA 84
30. Makati Leasing & Finance Corp. v. Wearever Textile Mills, Inc., 122 SCRA 296
31. Dy v. CA, 198 SCRA 826
32. Pameca Wood Treatment Plant v. CA, 310 SCRA 281
33. Acme Shoe Rubber & Plastic Corp. v. CA, 260 SCRA 714
34. Servicewide Specialist Inc. v. CA, 320 SCRA 478

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

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

Cases:

35. De Barreto v. Villanueva, 1 SCRA 288

36. J. L. Bernardo Construction v. CA, 324 SCRA 24

37. DBP v. CA, 363 SCRA 307
38. Ruby Industrial Corp. v. CA, 284 SCRA 445
39. Rubberworld (Phils.), Inc. v. NLRC et al., 305 SCRA 721
40. LECA Realty Corp. v. Manuela Corporation, 534 SCRA 97
41. Chas Realty & Development Corporation v. Talavera, 397 SCRA 84
42. RCBC v. Intermediate Appellate Court, 320 SCRA 279
43. Sobrejuanite v. ASB Development Corporation, 471 SCRA 763
44. Metrobank v. SLGT Holdings, Inc., et al., 533 SCRA 516
45. PAL v. CA, 566 SCRA 124
46. Clarion Printing House, Inc. v. NLRC, 461 SCRA 272
47. Ong v. PCI Bank, 448 SCRA 705
48. Sy Chim v. Sy Siy Ho & Sons, Inc., 480 SCRA 465
49. Metrobank v. ASB Holdings, Inc. 517 SCRA 1

VI. Special Laws

Code of Commerce
Chattel Mortgage Law - Act 1508, as amended
Ship Mortgage Decree - Pres. Decree 1521
Property Registration Decree - Pres. Decree No. 1529
Truth in Lending Act - Rep. Act No. 3765
Pawnshop Regulation Act - Pres. Decree No. 114
Financing Company Act - Rep. Act No. 5980, as amended
Trust Receipts Law Pres. Decree No. 115
General Bonded Warehouse Act Rep. Act No. 3893

Cases:

50. MWSS v. Daway & Maynilad Water Services, Inc., 432 SCRA 559
51. Colinares & Veloso v. CA, 339 SCRA 609
52. UCPB v. Samuel & Beluso, 530 SCRA 567
53. Carpo v. Chua & Dy Ng, 471 SCRA 471
54. PNB v. Se, et al., 256 SCRA 380

Administrative Matters

Announcements

Please access http://uplawcredit2.blogspot.com/ at least once a week for further

assignments and announcements. The website will be updated weekly on or before
Wednesday.

Class Days

2010:
November - 13, 20 and 27
December - 4 and 11

2011:
January - 8, 15, 22 (Mid-terms) and 29
February - 5, 12, 19, and 26
March - 5, 12 and 19 (Finals)

Grading Method

Attendance - 10%
Recitation - 20%
Mid-term Examinations (Tentative - January 22, 2011) - 30%
Final Examinations (Tentative - March 19, 2011) - 40%

NOTES:

1. Three counts of tardiness (more than 10 minutes late or outside the classroom) will be
counted as one days absence. Please familiarize yourselves with the college rules on
absences.

2. List of additional cases to follow.

3. Unless otherwise indicated, the word Articles in this outline shall refer to the Articles
of the New Civil Code.