About this document

Lease Agreement Dispute Resolution by Diego Ravena is a document available to read on EtoBox.

This case involves a dispute between PCI Leasing (petitioner) and Giraffe-X Creative Imaging (respondent) over equipment leased by the petitioner to the respondent. The petitioner filed a case seeking replevin of the equipment due to non-payment by the respondent. The respondent argued that Articles 1484 and 1485 of the Civil Code (Recto Law) applied, making the lease a lease with an option to buy such that replevin barred further claims. The Supreme Court ruled that the lease was effectively a lease with a

Author

Diego Ravena

Language

EN