Can I read SCC Chemicals Corp Loan Case Summary on EtoBox?

SCC Chemicals Corp Loan Case Summary by jodelle11 is a document available to read on EtoBox.

What is SCC Chemicals Corp Loan Case Summary about?

The case involved SCC Chemicals Corporation obtaining a loan from State Investment House Inc. that was secured by a surety agreement signed by Danilo Arrieta and Leopoldo Halili. SCC failed to repay the loan and SIHI filed a civil case. The RTC ruled in favor of SIHI, and the CA affirmed. The Supreme Court also affirmed, finding that the witness testimony presented by SIHI was based on personal knowledge, not hearsay, and that SCC had judicially admitted to receiving the loan documents so the best evidence

Author

jodelle11

Language

EN