About this document
Dizon Construction vs. Asia Pacific Finance Case by Ariann Barros is a document available to read on EtoBox.
1) Teodoro Bañas, C. G. Dizon Construction, and Cenen Dizon executed promissory notes, deeds of chattel mortgage, and continuing undertakings in favor of Asia Pacific Finance Corporation for a loan of ₱390,000. 2) The defendants claimed the documents were not intended to be legally binding, but were a scheme to conceal a usurious loan, as Asia Pacific could not directly engage in banking. 3) The Court of Appeals affirmed the trial court
- Author
- Ariann Barros
- Language
- EN