G.R. No. 148980 - PCI Leasing and Fice, Inc. vs. Spouses Dai

PCI Leasing and Fice, Inc. vs. Spouses Dai

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Title Supreme Court: PCI Leasing and Fice, Inc. vs. Spouses Dai

Case: G.R. No. 148980

Decision Date: Sep 21, 2007

A loan secured by a chattel mortgage defaulted, leading to replevin and foreclosure. A subsequent deficiency claim was barred by res judicata, as it could have been raised earlier. Article 1484 did not apply.

loan agreement

chattel mortgage

vessel

Standard 16 min

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