Can I read Ong Spouses vs. BPI Family Savings Bank Case on EtoBox?
Ong Spouses vs. BPI Family Savings Bank Case by Zy Aquilizan is a document available to read on EtoBox.
What is Ong Spouses vs. BPI Family Savings Bank Case about?
The Supreme Court of the Philippines ruled in favor of the petitioners in their case against BPI Family Savings Bank. The Court found that there was a perfected contract between the petitioners and BSA (which later merged with BPI) for a P20 million loan facility, consisting of a P15 million term loan and a P5 million revolving credit line. The contract was perfected when BSA approved the loans and released the initial P3 million from the credit line. The appellate court erred in finding that only the term
- Author
- Zy Aquilizan
- Language
- EN