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.
"The 'credit' of an individual means his ability to borrow money by virtue of the confidence or trust reposed by a lender that he will pay what he may promise."
Justice George A. Malcolm, People v. Concepcion, 44 Phil. 126 (1922).
Justice George A. Malcolm, People v. Concepcion, 44 Phil. 126 (1922).
11.21.2018
11.16.2018
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.
9.13.2018
The Personal Property Security Act - Supplement to the 2nd Edition of Credit Transactions
8.22.2018
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.
3.07.2018
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.
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.
1.18.2018
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.
In Re. Rappler Inc. & Rappler Holdings Corp.
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