CREDIT

TRANSACTIONS
Atty. JOHN A. AGBAYANI
SYLLABUS AND ASSIGNED CASES
I. Loans in General –Articles 1933-1934 , Art. 1305;1318.
a. Credit, Loans, Credit Transactions
b. Art,III ,Section 20,, New Constitution
c. Consumer Credit Transactions Under the Consumer Act (R.A. 7394)
Assigned Cases:
1. People v. Concepcion, 44 Phil 126 (1922)
2. DBP VS. Guarina G.R. 160758, January 15, 2014
3. Delos Santos vs. Jarra 15 Phil 147 (1910)
4. Saura Import & Export Co., Inc. v. DBP, 44 SCRA 445 (1972)
5. Naguiat vs. CA 412 SCRA 591 (2003)
6. Garcia v. Thio, 518 SCRA 433 (2007)
7. Pantaleon vs Amex 629 SCRA 276
8. Gironella vs. PNB GR 194515, Sept 16, 2015
9. BPI vs CA GR 133632, Feb 15, 2002
10. Penta vs Mahinay GR 1717368
11. Sierra vs CA GR 90270,July 24, 1992
Art. III, 1987 Constitution
1. Lozano vs. Martinez L-63419
2. Tiomico vs, CA L-122539, March 4, 1999
II. Loan - Articles 1935 to 1961
A. Commodatum - Articles 1935 to 1952
Assigned Cases:
1. 1935- Republic v. Bagtas, 6 SCRA 262 (1962)
2. 1936- Producers Bank v. CA, 397 SCRA 651
3. 1942- Republic v. Bagtas, 6 SCRA 262 (1962)
4. 1947-Mina vs Pascual 25 Phil 540 (1913)
5. Quintos vs. Beck 69 Phil 108 (1939)
6. Pajuyo v. CA, 430 SCRA 492
7. Republic vs. Baloy 146 SCRA 15
B. Mutuum - Articles 1953 to 1961
Usury Law - Act No. 2655, as amended
Assigned Cases:
1. 1953- Republic vs Grijaldo122 Phil 1020
2. 15 SCRA 68 (1965)
3. 1956-Tan vs Valdehuesa56 SCRA 61 (1975)
4. Jardenil vs Salas 73 Phil 626 (1942)
5. Frias vs San Diego 520 SCRA 244 (2007)
6. Arwood vs DMCI 394 scra 11 (2002)
7. Sonaya vs Azarraga 65 Phil 635 (1938)
8. Royal Shirt vs. Co 94 Phil 994 (1954)
 9. Overseas vs Cordero 113 SCRA 303
10. Ramos vs. Central Bank 137 SCRA 685
11. Lirag vs SSS 153 SCRA 338
12. 1957 – Angel Jose vs Chelda 23 SCRA 119 (1968)
13. 1959- CuUnyieng vs Mabalacat 54Phil 976 (1929)
14. David vs CA 316 SCRA 710 (1999)
15. Velez vs Balzara73 Phi 630 (1942)
16. GSIS v. CA, 145 SCRA 311
17. Ligutan v. CA, 376 SCRA 560
18. Eastern Shipping Lines v. CA, 234 SCRA 78
19. Nacar v Gallery Frames GR 189871 August 13, 2013.
20. BPI Family Bank v. Franco and CA, 538 SCRA 184
21. People v. Puig, 563 SCRA 564
22. RCBC v. Alfa RTW Manufacturing Corp., et al., G.R. No. 133877, November 14,
2001-COMPUTATION OF VARIOUS TYPES OF INTERESTS
23. ESTORES 
v. 
SPOUSES SUPANGAN, G.R. No. 175139, April 18, 2012
24. Spouses Silos v. Philippine National Bank, G.R. No. 181045, July 2, 2014.
Read all the PNB cases surveyed in this decision.
III. Deposit - Articles 1962 - 2009
Assigned Cases:
1. 1962- Calibo vs. CA 350 SCRA 427 (2001)
2. Triple –V Food vs. Filipino Merchants, G.R. No. 160544, Feb. 21, 2005
3. 1972- Bishop of Jaro v. De la Peña, 26 Phil 144
4. 1975- CA Agro-Industrial Development Corp. v. Court of Appeals, 219
SCRA 426
5. 1977-Javellana vs Lim 11Phil 141 (1908)
6. 1978- Gaveres vs Tavera 1 Phil 71 (1901)
7. Baron vs.David 51 Phil 1 (1927)
8. US vs. Igpaura 27 Phil 619 (1913)
9. 1979-Palacio vs. Sudario 7 Phil 275 (1907)
10. 1980-Gullas vs PNB 62 Phil 519 (1935)
11. Serrano vs CB 96 SCRA 96 (1980)
12. 1988-Sesbreno vs CA 222SCRA 466 (1993)
13. 1998-Delos Santos vs Tan Khey 58 OG 7693 (1992)
14. Bank of the Philippine Islands v. IAC, 164 SCRA 630
15. 2003- YHT Realty Corporation v. Court of Appeals, 451 SCRA 638 (2005)
IV. Contracts With Security
a. Guaranty and Suretyship - Articles 2047 - 2084
b. Pledge - Articles 2085 - 2123
c. Real Estate Mortgage - Articles 2124 - 2131
d. The Maceda law
e. Antichresis - Articles 2132 - 2139
f. Chattel Mortgage - Articles 2140 - 2141
g. The Recto law
Assigned Cases:
1. E. Zobel, Inc. v. CA, 290 SCRA 1
2. Phil. Blooming Mills, Inc. v. CA, 413 SCRA 445
3. IFC v. Imperial Textile Mills, Inc., 475 SCRA 149
4. DBP v. CA, 284 SCRA 14
5. Bustamante v. Rosel, 319 SCRA 413
6. Ong V. Roban Lending Corporation, 557 SCRA 516
7. Paray & Espeleta v. Rodriguez et al., 479 SCRA 571
8. Medida v. CA, 208 SCRA 887
9. Suico v. PNB, 531 SCRA 514
10. Huerta Alba Resort, Inc. v. CA, 339 SCRA 534
11. People’s Bank & Trust Company v. Dahican Lumber Company, 20 SCRA
84
12. Makati Leasing & Finance Corp. v. Wearever Textile Mills, 122 SCRA 296
13. Dy v. CA, 198 SCRA 826
14. Pameca Wood Treatment Plant v. CA, 310 SCRA 281
15. Acme Shoe Rubber & Plastic Corp. v. CA, 260 SCRA 714
16. Servicewide Specialist Inc. v. CA, 320 SCRA 478
17. Victoria Yau Chu vs. Hon. Court of Appeals et al., 177 SCRA 793
18. CHU v.
 COURT OF APPEALS, FAMILY SAVINGS BANK and/or CAMS
TRADING ENTERPRISES, INC., G.R. No. L-78519, September 26, 1989.
19. SPOUSES RABAT 
v.
 PHILIPPINE NATIONAL BANK, G.R. No. 158755,
June 18, 2012
V. Concurrence and Preference of Credits - Articles 2236 - 2251
Financial Rehabilitation and Insolvency Act – Rep. Act No. 10142
The New PDIC Law (R.A. 10846) On Liquidation
Assigned Cases:
1. De Barreto v. Villanueva, 1 SCRA 288
2. J. L. Bernardo Construction v. CA, 324 SCRA 24
3. DBP v. CA, 363 SCRA 307
4. Ruby Industrial Corp. v. CA, 284 SCRA 445
5. Rubberworld (Phils.), Inc. v. NLRC et al., 305 SCRA 721
6. LECA Realty Corp. v. Manuela Corporation, 534 SCRA 97
7. Chas Realty & Development Corporation v. Talavera, 397 SCRA 84
8. RCBC v. Intermediate Appellate Court, 320 SCRA 279
9. Sobrejuanite v. ASB Development Corporation, 471 SCRA 763
10. Metrobank v. SLGT Holdings, Inc., et al., 533 SCRA 516
11. PAL v. CA, 566 SCRA 124
12. Clarion Printing House, Inc. v. NLRC, 461 SCRA 272
13. Ong v. PCI Bank, 448 SCRA 705
14. Sy Chim v. Sy Siy Ho & Sons, Inc., 480 SCRA 465
15. Metrobank v. ASB Holdings, Inc. 517 SCRA 1
16. 56. Pryce Corporation v. China Banking Corporation, G.R. No. 172302,
February 18, 2014.
17. 57. CHU, et al. v. LACQUI & PHILIPPINE BANK OF COMMUNICATIONS,
G.R. No. 169190, February 11, 2010.
18. 58. YNGSON 
v. PHILIPPINE NATIONAL BANK, G.R. No. 171132, August
15, 2012-Liquidation, Treatment of Claims, Secured Creditor Claims
VI. Other 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
VII. MID-TERM EXAMINATION- From Loans to Guaranty and Suretyship
VIII. FINAL EXAMINATION-From Pledge, Mortgage to Concurrence and
Preference of Credits Including Other Special Laws.
IX. Submit hand-written Copies of Assigned Cases (Attached.). Groups
will be assigned to prepare soft copies of the digest.
X. References:Aquino, T, Comments and Cases on Credit Transactions,
2015 Edition Rex Printing Company, Inc.