G.R. No. 141811 - 1st Metro Investment Corp. vs. Este Del Sol Mountain Reserve, Inc.

1st Metro Investment Corp. vs. Este Del Sol Mountain Reserve, Inc.

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Title Supreme Court: 1st Metro Investment Corp. vs. Este Del Sol Mountain Reserve, Inc.

Case: G.R. No. 141811

Decision Date: Nov 15, 2001

FMIC granted Este del Sol a loan with excessive fees and penalties. Court ruled agreements concealed usurious interest, penalties excessive; FMIC ordered to reimburse excess interest.

loan dispute

underwriting agreement

consultancy agreement

Long 23 min

END