This document is a summary of a court case regarding the constitutionality of a moratorium law (Republic Act No. 342) that suspended the enforcement and payment of pre-war debts for 8 years. The court found that suspending debt payments and enforcement for over 12 years was unreasonable and impaired the contractual obligations between creditors and debtors in violation of the Constitution. As such, the court declared Republic Act No. 342 and related executive orders unconstitutional.
L. E. Scott v. Allan H. Stocker, Trustee in Bankruptcy For William Harvey Smith, A Sole Trader, D/B/A Smith Office Supply, A Bankrupt, 380 F.2d 123, 10th Cir. (1967)
Philip B. Lindy T/a Fountain View Apts., A Pennsylvania Limited Partnership v. James Lynn, Secretary of Housing and Urban Development, 501 F.2d 1367, 3rd Cir. (1974)
Remarks of Mr. Calhoun of South Carolina on the bill to prevent the interference of certain federal officers in elections: delivered in the Senate of the United States February 22, 1839
This document is a summary of a court case regarding the constitutionality of a moratorium law (Republic Act No. 342) that suspended the enforcement and payment of pre-war debts for 8 years. The court found that suspending debt payments and enforcement for over 12 years was unreasonable and impaired the contractual obligations between creditors and debtors in violation of the Constitution. As such, the court declared Republic Act No. 342 and related executive orders unconstitutional.
Original Description:
Rutter vs. Esteban [G.R. No. L-3708, May 18, 1953]
Original Title
Rutter vs. Esteban [G.R. No. L-3708, May 18, 1953]
This document is a summary of a court case regarding the constitutionality of a moratorium law (Republic Act No. 342) that suspended the enforcement and payment of pre-war debts for 8 years. The court found that suspending debt payments and enforcement for over 12 years was unreasonable and impaired the contractual obligations between creditors and debtors in violation of the Constitution. As such, the court declared Republic Act No. 342 and related executive orders unconstitutional.
This document is a summary of a court case regarding the constitutionality of a moratorium law (Republic Act No. 342) that suspended the enforcement and payment of pre-war debts for 8 years. The court found that suspending debt payments and enforcement for over 12 years was unreasonable and impaired the contractual obligations between creditors and debtors in violation of the Constitution. As such, the court declared Republic Act No. 342 and related executive orders unconstitutional.
L. E. Scott v. Allan H. Stocker, Trustee in Bankruptcy For William Harvey Smith, A Sole Trader, D/B/A Smith Office Supply, A Bankrupt, 380 F.2d 123, 10th Cir. (1967)
Philip B. Lindy T/a Fountain View Apts., A Pennsylvania Limited Partnership v. James Lynn, Secretary of Housing and Urban Development, 501 F.2d 1367, 3rd Cir. (1974)
Remarks of Mr. Calhoun of South Carolina on the bill to prevent the interference of certain federal officers in elections: delivered in the Senate of the United States February 22, 1839