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This document discusses a case involving a loan taken out by Falcon Minerals, Inc. from the Private Development Corporation of the Philippines (PDCP). Several individuals, including petitioners Escao and Silos, had guaranteed the loan through assumption agreements and guarantees. Falcon defaulted on the loan. PDCP filed a case against Falcon and the guarantors. Ortigas, one of the guarantors, cross-claimed against Escao and Silos based on an undertaking where they agreed to assume Ortigas

Author

Ronaline Albalos

Language

EN