G.R. No. 142618 - PCI Leasing and Fice, Inc. vs. Giraffe-X Creative Imaging, Inc.

PCI Leasing and Fice, Inc. vs. Giraffe-X Creative Imaging, Inc.

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Title Supreme Court: PCI Leasing and Fice, Inc. vs. Giraffe-X Creative Imaging, Inc.

Case: G.R. No. 142618

Decision Date: Jul 12, 2007

PCI Leasing sued Giraffe-X for unpaid rentals under a lease agreement. SC ruled it was a lease with option to buy; seizure barred further claims under Recto Law.

lease agreement

option to purchase

installment sales

Long 25 min

END