G.R. No. 166862 - Manila Metal Container Corporation vs. Philippine National Bank

Manila Metal Container Corporation vs. Philippine National Bank

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Title Supreme Court: Manila Metal Container Corporation vs. Philippine National Bank

Case: G.R. No. 166862

Decision Date: Dec 20, 2006

MMCC mortgaged property to PNB, failed to repay, and sought repurchase post-foreclosure. No agreement on price; SC ruled no perfected contract, deposit not earnest money, no waiver or bad faith proven.

manila metal container corporation

mortgage

property dispute

Very Long 34 min

END