About this document
Trans-Pacific Industrial v. Associated Bank Case Summary by Kim is a document available to read on EtoBox.
Trans-Pacific Industrial Supplies took out loans totaling 1.3 million pesos from Associated Bank. After restructuring the debt to 1.2 million, Trans-Pacific claims it paid the full amount from land sales. However, Associated Bank demands an additional 492k in interest. While Trans-Pacific initially agreed to pay, it later sued to declare the debt fully paid. The court found Trans-Pacific
- Author
- Kim
- Language
- EN