NOTES ON CREDIT TRANSACTIONS Antonio, Phoebe Antonette C.

MUTUUM xxi. Security Bank Corp. vs. Spouses Mercado, GR

a. Art 1953-1961 192934&197010, June 27, 2018
b. Cases: xxii. Spouses Silos vs. Philippine National Bank, GR
i. Phil. Nat’l. Bank vs. Bacani, G.R. No. 194983, June 181045, July 2, 2014
20, 2018
ii. Tolentino vs. Gonzales, 50 Phil. 558.
iii. Republic vs. Grijaldo, 15 SCRA 681.
iv. PNB vs. CA, 196 SCRA 536.
v. Medel vs. CA, 299 SCRA 481 (5.5% interest per
month on a P500,000 loan is excessive, iniquitous,
unconscionable, and exorbitant)
vi. Cuaton vs. Salud, Jan. 27, 2004 (8% to 10%
interest per month is iniquitous, excessive, and
unconscionable).
vii. Tan vs. CA, Oct. 19, 2001 (Interest/penalty).
viii. Ligutan vs. CA, Feb. 12, 2002 (Penalty clause).
ix. Sentinel Insurance vs. CA, 182 SCRA 517
x. Yong Chan Kim vs. People of the Philippines, 193
SCRA 1991
xi. Consolidated Bank and Trust Corporation vs CA, 356
SCRA 671
xii. People vs. Puig 563 SCRA 564
xiii. BPI Family Bank vs. Franco, 538 SCRA 184
xiv. Siga-an vs. Villanueva, 576 SCRA 696
xv. De Lima vs Laguna Tayabas Co, 160 SCRA 70
xvi. Tan vs Ladehueza, 66 SCRA 61
xvii. Prima Construction & Development Corp vs
Mechavez, 614 SCRA 590
xviii. Philippine Phosphate Fertilizer Corp. vs Kamalig
Resources, Inc. 540 SCRA 139
xix. De la Paz vs L& J Development Company, 734 SCRA
364
xx. Joven de Cortes vs. Venturazan, 79 SCRA 709

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