G.R. No. L-10132 - La Tondena, Inc. vs. Alto Surety and Insurance Co., Inc.

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G.R. No. L-10132: La Tondena, Inc. vs. Alto Surety and Insurance Co., Inc.

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Title Supreme Court: La Tondena, Inc. vs. Alto Surety and Insurance Co., Inc.

Case: G.R. No. L-10132

Decision Date: Jul 18, 1957

Primitivo Ferrer defaulted on two chattel mortgages; La Tondena and Alto Surety disputed lien priority. Court ruled La Tondena's mortgage lien remained valid, Alto Surety's attachment illegal.

mortgage lien

foreclosure judgment

extension of time

Short 11 min

0.7x of typical case length

END