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This document summarizes a Supreme Court case regarding a deed of assignment executed between Sonny Lo (petitioner) and KJS Eco-Formwork System Phil., Inc. (respondent). Petitioner purchased scaffolding equipment from respondent but failed to settle his payments. He then executed a deed assigning his receivables from Jomero Realty Corporation to respondent. However, Jomero refused to honor the assignment, claiming petitioner also had an outstanding debt to them. The Supreme Court ultimately ruled that the d

Author

Clarisse Ann Miranda

Language

EN