PPSA IRR

The implementing rules and regulation of the Personal Property Security Act are available here:

IRR of the PPSA

Contract Review 2019

The grades for the Contract Review Project are as follows:

II-D
PPSA
Debtor - 1.75
Creditor - 1.5

REM
Debtor - 1.5
Creditor - 1.75

II-E
PPSA
Debtor - 1.75
Creditor - 1.5

REM
Debtor - 1.5
Creditor - 1.75

The Personal Property Security Act - Supplement to Credit Transactions: Notes and Cases

The Supplement (to Credit Transaction: Notes and Cases, 2nd Ed.) on The Personal Property Security Act is available at the UP Law Center book room.

Course Outline for 2019

In view of the changes in the law on secured transactions, the outline for 2019 is materially different:

Course Outline 2019

Principal textbook for the course is still Credit Transactions: Notes and Cases, Volumes 1 and 2, but including the Supplement on The Personal Property Security Act (availability to be announced). Note that some cases in the outline are not excerpted in the textbook.

The Personal Property Security Act - Supplement to the 2nd Edition of Credit Transactions

Cover page of the Supplement

The Personal Property Security Act - Supplement to the 2nd Edition of Credit Transactions will be available soon at the University of the Philippines Law Center.

The Personal Property Security Act

Republic Act No. 11057, or the Personal Property Security Act, signed into law on August 17, 2018, repeals the Chattel Mortgage Law and related laws on movable property as collateral. The full text of this new law is available here: R.A. No. 11057

Please note therefore that Volume 2 of Credit Transactions: Notes and Cases is not recommended as a textbook or reference book until it has been supplemented to reflect the new law.

Additional Assignment: Philippine Natural Resources as Collateral

Read this and related articles:

China loans: PH natural resources as collateral?

In the context of Credit Transactions, explain whether or not a pledge or mortgage of Philippine natural resources by the Government is valid.

Additional Assignment: In Re. Rapper Inc. & Rappler Holdings Corp.

Read and monitor In re. Rappler Inc. & Rappler Holdings Corp., with specific emphasis on the issue of Philippine Depositary Receipts (PDRs).

In Re. Rappler Inc. & Rappler Holdings Corp.

Course Outline for 2018

We will be using the course outline available here:

Course Outline for 2017

We will be using the 2016 Outline which is available here:

Course Outline

Additional cases may be assigned.