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Validity of Donation in Arcaba Case by Veen Galicinao Fernandez is a document available to read on EtoBox.
What is Validity of Donation in Arcaba Case about?
The court ruled that the $25,000 loan from Carlos to his daughter and son-in-law Abelardo was not for the benefit of their conjugal partnership. While the money was used to purchase a house, with the title under both their names, the spouses were already separated for over a year by the time Carlos demanded repayment. As such, the loan did not benefit their conjugal assets and interests, and Abelardo could not use the conjugal partnership as a shield against his individual repayment obligation to Carlos. Th
- Author
- Veen Galicinao Fernandez
- Language
- EN