G.R. No. L-25704 - Angel Jose Warehousing Co., Inc. vs. Chelda Enterprises

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G.R. No. L-25704: Angel Jose Warehousing Co., Inc. vs. Chelda Enterprises

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Title Supreme Court: Angel Jose Warehousing Co., Inc. vs. Chelda Enterprises

Case: G.R. No. L-25704

Decision Date: Apr 24, 1968

Plaintiff sued defendants for unpaid loans; defendants admitted debt but claimed usurious interest. Court allowed recovery of principal, voided usurious interest, and denied attorney’s fees.

loan contract

usurious interest

valid

Short 10 min

0.6x of typical case length

END