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Asiatrust Bank vs. FADI & UDI Rehabilitation by Karen Patricio Lustica is a document available to read on EtoBox.

What is Asiatrust Bank vs. FADI & UDI Rehabilitation about?

This case involves a dispute over loan amounts between Asia Trust Development Bank (petitioner) and two real estate corporations, First Aikka Development, Inc. (FADI) and Univac Development, Inc. (UDI) (respondents). Respondents filed for corporate rehabilitation due to inability to pay loans from petitioner totaling P114 million. The Supreme Court ruled that (1) the consolidation of FADI and UDI

Author
Karen Patricio Lustica
Language
EN

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