G.R. No. L-25921 - Vanguard Assurance Corp. vs. Court of Appeals

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G.R. No. L-25921: Vanguard Assurance Corp. vs. Court of Appeals

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Title Supreme Court: Vanguard Assurance Corp. vs. Court of Appeals

Case: G.R. No. L-25921

Decision Date: May 27, 1975

Jalwindor sued Hernandez for P30K; Vanguard, as surety, posted a counterbond. Hernandez breached a compromise, leaving P21K unpaid. SC upheld Vanguard's liability, dismissing its appeal as frivolous.

surety company

judgment debt

execution

Short 11 min

0.6x of typical case length

END