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Goldenway vs. Equitable PCI Bank Case Summary by Rodolfo Villamer Tobias Jr. is a document available to read on EtoBox.

What is Goldenway vs. Equitable PCI Bank Case Summary about?

The Supreme Court of the Philippines ruled on whether Section 47 of Republic Act 8791, which shortened the redemption period for foreclosed properties to 1 year, could be applied retroactively to a 1985 real estate mortgage between Goldenway Merchandising Corporation and Equitable PCI Bank. The Court found that applying the shorter redemption period of Section 47 would substantially impair Goldenway

Author

Rodolfo Villamer Tobias Jr.

Language

EN