G.R. No. 136423 - Sps. Rigor vs. Consolidated Orix Leasing and Fice Corporation

Sps. Rigor vs. Consolidated Orix Leasing and Fice Corporation

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Title Supreme Court: Sps. Rigor vs. Consolidated Orix Leasing and Fice Corporation

Case: G.R. No. 136423

Decision Date: Aug 20, 2002

Spouses Rigor defaulted on a loan secured by a chattel mortgage; conflicting venue provisions in the promissory note and mortgage led to a legal dispute. The Supreme Court ruled that the mortgage's venue clause, allowing Dagupan City, was valid, emphasizing complementary contract interpretation and party convenience.

venue dispute

deed of chattel mortgage

dispute

Standard 15 min

END