Legal Library

Icon vs. NLIC Digest

Icon Development Corp vs. National Life Insurance Corp (NLIC)GR 220686 Facts Icon obtained several loans from NLIC. To secure its loans, Icon mortgaged several of its properties in Makati City and Tayabas, Quezon. Icon

DBP vs. NLRC

GR86227January 19, 1994 Facts Atlas is a textile firm. Malayang Samahan is its employee union. Atlas hypothecated its certain assets to DBP but Atlas defaulted. DBP acquired the assets of Atlas by foreclosure. Malayang Samahan

Arenas vs. Raymundo Digest

March 13, 1911 Facts Arenas et al delivered their jewelry to Perello for the latter to sell on commission. Instead of selling, Perello pledged the jewelry to the pawnshop of Raymundo, and

Banks

Vital role and trust involved “[t]he banking system has become an indispensable institution in the modern world and plays a vital role in the economic life of every civilized society. Whether as

Living Law

It is high time to amend our Civil and Family Laws to conform to societal sentiment and breathe life to what Justice Louis D. Brandeis calls “The Living Law”. – Atty. Eduardo

Phrases for Answering Law School Exams

Below are phrases I have compiled from different cases which may be used in answering law school exams. Intro “that thing is a microcosm / emblematic of a broader issue” “X’s pretension

Serrano vs. Central Bank Digest

Facts Serrano made a time deposit with Overseas Bank of Manila (OBM) including one that was assigned to him by another person without knowing that the Central Bank (CB) already has limited

Chan vs. Maceda Digest

G.R. 142291https://lawphil.net/judjuris/juri2003/apr2003/gr_142591_2003.html Lesson: If the facts are bereft of any record of the existence of a contract of deposit, oral or written, there is no obligation for the depositary to return the