G.R. No. 90828 - Colinares vs. Court of Appeals

Colinares vs. Court of Appeals

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Title Supreme Court: Colinares vs. Court of Appeals

Case: G.R. No. 90828

Decision Date: Sep 5, 2000

Petitioners contracted to renovate a convent, obtained materials via a loan, defaulted, and were charged under Trust Receipts Law. Supreme Court ruled the transaction was a loan, not a trust receipt, acquitting them due to lack of intent to defraud.

contractors

trust receipts law

acquitted

Standard 19 min

END