SECURITY TRANSACTIONS SYLLABUS

COURSE OUTLINE:
I.
II.

Concept of Credit Transactions

Loan (Articles 1933-1961, NCC)
A. Commodatum
Pajuyo vs.CA G.R. No. 146364 (June 3, 2004)
Republic of the Phil. Vs. Bagtas G.R. No. L-17474 (October 25, 1962)
Producers Bank vs. CA G.R. No. 115324 (February 19, 2003)
Mina vs. Pascual G.R. No. 8321 (October 14, 1913)
DeLos Santos vs. Jarra G.R. 4150 (February 10, 1910)
Catholic Vicar vs. CA G.R. No. 902904 (September 21, 1988)
Quintos vs. Beck G.R. No. 46240 (November 3, 1939)
B. Matuum
BPI vs. CA G.R. No. 133632 (February 15, 2002)
Yong Chan Kim vs. People G.R. No. 84719 (Jan. 25, 1991)
Spouses Tan vs. Villapaz G.R. No. 160892 (November 22, 2005)
PNB vs. Ibarrola G.R. No. 123643 (October 30, 1996)
Pilipinas Bank vs. CA G.R. No. 97873 (August 12, 1993)
Pan Pacific vs. Equitable G.R. No. 169975 (March 18, 2010)
Tan vs. CA G.R. No. 116285 (October 19, 2001
Siga-an vs. Villanueva G.R. No. 173227 ( Jan. 20, 2009)
Eastern Shipping Lines vs. Court of Appeals G.R. No. 97412 (July 12, 1994)
Estores vs. Spouses Supangan G.R. No. 175139 (April 18, 2012)
Prisma vs. Menchavez G.R. No. 160545 March 9, 2010)
Dio vs. Spouses Japor G.R. No. 154129 (July 8, 2005)
Chau vs. Timan G.R. No. 170452 (August 13, 2008)
Spouses Agner vs. BPI G.R. No. 182963 (June 3, 2013)
Nacar v. Gallery Frames G.R. No. 189871 (August 13, 2013)

III.

Usury Law (Act No. 2655)

Solidbank vs. Permanent Homes G.R. No. 171925 (July 23, 2010)

IV.

Deposit (Articles 1962-2004, NCC)

A. General Concept of Deposit and Types
BPI vs. IAC G.R. No. 66826 (August 19, 1988)
B. Voluntary Deposit
Calibo vs. CA G.R. No. 120528 (January 29, 2001)
Chan vs. Maceda G.R. no. 142591 (April 30, 2003)
Sia vs. CA G.R. No. 102970 (May 13, 1993)

CA Agro-Industrial vs. CA G.R. No. 90027 (March 3, 1993)

Baron vs. David G.R. No. 26948 (October 8, 1927)
Javellana vs. Lim G.R. No. 4015 (August 24, 1908)
Compaia Agricola vs. Nepomuceno G.R. No. 32778 (November 14, 1930)
Roger vs. Smith G.R. No. 4347 (March 9, 1908)
BPI vs. CA G.R. No. 104612 (May 10, 1994)
Metrobank vs. BA Finance G.R. No. 179952 (December 4, 2009)
Reyes vs. CA G.R. No. 118492 (August 15, 2001)
Guingona vs. City Fiscal G.R. No. 60033 (April 4, 1984)
Province of Bataan vs. Villafuerte G.R. No. 173227 (January 20, 2009)

C. Necessary Deposit
YHT Realty vs. CA G.R. No. 126780 (February 17, 2005)
Durban Apartments vs. Pioneer G.R. No. 179419 (January 12, 2011)
D. Sequestration or Judicial Deposit
Los Baos vs. Africa G.R. No. 143994 (July 11, 2002)
V.
VI.
VII.

Warehouse Receipts Law

Trust Receipts Law
Guaranty and Suretyship (Articles 2047-2084, NCC)
A. Nature and Extent
Escao vs. Ortigas G.R. No. 151953 (June 29, 2007)
Asset Builders vs. Stronghold G.R. No. 187116 (Oct. 18, 2010)
Castellvi de Higgins vs. Sellner G.R. No. 15825 ( November 5, 1920)
Palmares vs. Court of Appeals G.R. No. 126490 (March 31, 1998)
Machetti vs. Hospico de San Jose G.R. No. L-16666 (April 10, 1922)
Gilat Satellite vs. UCPB G.R. No. 189563 (April 7, 2014) 2047
Willex vs. CA G.R. No. 103066 (April 25, 1996)
RCBC vs. Judge Arro G.R. No. L- 49401 (July 30, 1982)
Atok vs. CA G.R. No. 80078 (May 18, 1993)
Dino vs. CA G.R. No. 89775 (Nov. 26, 1992)
Fortune Motors vs. CA G.R. No. 112191 (February 7, 1997)
Bank of Commerce vs. Flores - G.R. No. 174006 (December 8, 2010)
South City Homes vs. Finance G.R. No. 135462 (December 7, 2001)
Pacific Banking vs. IAC G.R. No. 72275 (Nov. 13, 1991)
Molino vs. Security G.R. No. 136780 (August 16, 2001)
Gateway vs. Asiabank G.R. No. 172041 (Dec. 18, 2008)
Security Bank vs. Cuenca G.R. No. 133544 (October 3, 2000)
Piczon vs. Piczon G.R. No. L- 29139 (Nov. 15, 1974)
BA Finance vs. CA G.R. No. 94566 (July 3, 1992)
Texas Company vs. Alonso G.R. No. 47495 (August 14, 1941)
Visayan Surety vs. CA G.R. No. 127261 (Sept. 7, 2001)
Estate of Hemady vs. Luzon Surety G.R. No. L-8437 (Nov. 28, 1956)

B. Effects of Guaranty
Wise Co. vs. Tanglao G.R. No. 42518 (August 29, 1936)
PBCOM vs CA G.R. No. 90267 (March 22, 1991)
Prudential Bank vs. IAC G.R. No. 74886 (Dec. 8, 1992)
Bitanga vs. Pyramid G.R. No. 173526 (Aug. 28, 2008)
JN Devt. vs. Phil Export G.R. No. 151060 (Aug. 31, 2005)
Mira Hermanos vs. Manila G.R. No. 48979 (Sept. 29, 1943)
Tuason vs. Machuca G.R. No. L- 22177 (Dec.2, 1924)
Kuenzie vs. Sunco G.R. No. 5208 (Dec. 1, 1909)
Manila Surety vs. Batu G.R. No. L- 9353 (May 21, 1957)
C. Extinguishment
PNB vs. Manila Surety G.R. No. L- 20567 (July 30, 1965)
Stronghold vs. Republic G.R. No. 147561 (June 22, 2006)
Spouses Toh vs. Solid Bank G.R. No. 154183 (Aug. 7, 2003)
D. Legal and Judicial Bonds
VIII.

Pledge (Articles 2085-2123, NCC)

A. Provisions common to Pledge and Mortgage
Calibo vs. CA G.R. No. 120528 (January 29, 2001)
Development Bank vs. Prudential Bank G.R. No. 143772 (Nov. 22, 2005)
Cavite Devt Bank vs. Spouses Lim G.R. No. 131679 (Feb. 1, 2000)
Vda. De Jayme vs. CA G.R. No. 128669 (October 4, 2002)
Hechanova vs. Adil G.R. No. L- 44940 (Sept. 25, 1986)
Manila Banking vs. Teodoro G.R. No. 53955 (January 13, 1989)
Alcantara vs. Alinea, et al G.R. No. L- 3327 (March 22, 1907)
Uy Tong vs. CA G.R. No. 77465 (May 21, 1988)
Spouses Ong vs. Roban Lending G.R. No. 172529 (July 9, 2008)
B. Provision Applicable Only to Pledge
McMicking vs. Martinez G.R. No. 5219 (February 15, 2010)
Caltex vs.Court of Appeals G.R. No. 97753 (Aug. 10, 1992)
Pacific Rehouse vs. EIB Securities G.R. No. 184036 (October 13, 2010)
Estate of G.Litton vs. Mendoza G.R. No. L- 49120 (June 30, 1988)
Yuliongsiu vs. Philippine National Bank G.R. No. L- 19227 (February 17,
1968)
Lim Tay vs. Court of Appeals G.R. No. 126891 (Aug. 5, 1998)
Insular Life vs. Young G.R. No. L-21096 (October 26, 1967)
Manila Surety vs. Valeyo G.R. No. L- 21096 (October 26, 1971)

IX.

Real Mortgage (Articles 2124-2131, Act 3135) and Foreclosure of Real Mortgage
Development Bank vs. CA G.R. No. 110053 (October 16, 1995)
Soriano vs. Galit G.R. No. 156295 (Sept. 23, 2003)
Mendoza vs. Court of Appeals G.R. No. 116710 (June 25, 2001)

X.

XI.

XII.

Spouses Viola vs. Equitable G.R. No. 177886 (November 27, 2008)
Tan vs. Valdehueza G.R. No. L- 38745 (August 6, 1975)
State Investment vs. Court of Appeals G.R. No. 115548 (March 5, 1996)
Cavite Development Bank vs. Lim G.R. No. 131679 (February 1, 2000)
PNB vs. Corpuz G.R. No. 180945 (February 12, 2010)
Canlas vs. Court of Appeals G.R. No. 112160 (February 28, 2000)
Agricultural vs. Yusay G.R. No. L- 13313 (April 28, 1960)
Ros vs. PNB G.R. No. 170166 (April 6, 2011)
Producers Bank vs. Excelsa - G.R. No.152071 (May 8, 2009)
Prudential Bank vs. Alviar G.R. No. 15097 (July 28, 2005)
Vega vs. SSS - G.R. No. 181672 (Sept. 20, 2010)
Spouses Rosalesvs. Spouses Suba G.R. No. 137792 (August 12, 2003)
Spouses Landrito vs. Court of Appeals G.R. No. 133079 (August 9, 2005)
UnionBank vs. Court of Appeals G.R. No. 133366 (August 5, 1999)
Pineda vs. Court of Appeals G.R. No. 114172 (August 25, 2003)
Spouses Rabat vs. PNB G.R. No. 158755 (June 18, 2012)
Philbancor Finance vs. Court of Appeals G.R. No. 129572 (June 26, 2000)
Cu Lai Chu vs. Laqui G.R. No. 169190 (February 11, 2010)
Mallari vs. GSIS G.R. No. 157659 (January 25, 2010)
DBP vs. CA G.R. No. 125838 (June 10, 2003)

Antichresis (Articles 2132-2139, NCC)

Barretto vs. Barretto G.R. No. L- 11933 (December 1, 1917)
Macapinlac vs. Repide G.R. No. 18574 (September 20, 1922)
Alojado vs. Siongco G.R. No. 27084 (December 31, 1927)
Ramirez vs. Court of Appeals G.R. No. L- 38185 (September 24, 1986)
La Vega vs. Ballilos G.R. No. 9957 (August 9, 1916)
Chattel Mortgage (Articles 2140-2141, NCC) and the Chattel Mortgage Law (Act 1508)
Borlough vs. Fortune G.R. No. L- 9451 (March 29, 1957)
Standard Oil vs. Jaramillo G.R. No. 20329 (March 16, 1923)
Saldana vs. Philippine Guaranty G.R. No. L- 13194 (January 29, 1960)
Lilius vs. Manila Railroad G.R. No. 42551 (September 4, 1935)
Cebu Internal Finance vs. Court of Appeals G.R. No. 107554 (February 13,
1997)
PAMECA vs. Court of Appeals G.R. No. 106435 (July 14, 1999)
Cabral vs. Evangelista G.R. No. L- 26860 (July 14, 1999)
Northern Motors vs. Coquia G.R. No. L- 40019 (December 15, 1975)
Concurrence and Preference of Credits (Articles 2236-2251, NCC)
Cordova vs. Reyes G.R. No. 146555 (July 3, 2007)
Barretto vs. Villanueva G.R. No. L- 14938 (December 29, 1962)
Philippine Savings vs. Lantin G.R. No. L- 33929 (September 2, 1983)
J.L. Bernardo vs. Court of Appeals G.R. No. 105827 (January 31, 2000)
Atlantic vs. Herbal Cove G.R. No. 148568 (March 20, 2003)

Development Bank vs. Court of Apppeals G.R. No. 126200 (August 16,
2001)
DBP vs. NLRC G.R. No. 108031 (March 1, 1995)
Republic vs. Peralta G.R. No. 56566 (May 20, 1987)