G.R. No. 208336 - Villa Crista Monte Realty and Development Corp. vs. Equitable PCI Bank

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G.R. No. 208336: Villa Crista Monte Realty and Development Corp. vs. Equitable PCI Bank

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Title Supreme Court: Villa Crista Monte Realty and Development Corp. vs. Equitable PCI Bank

Case: G.R. No. 208336

Decision Date: Nov 21, 2018

Petitioner challenged unilateral interest rate hikes in loan agreements, alleging oppression. SC upheld validity of escalation clause, promissory notes, and foreclosure, citing mutuality of contracts.

real estate developer

promissory notes

mortgage agreements

Long 26 min

END