EXCELSA INDUSTRIES INC

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                    [ArticleID] => 950353
                    [Title] => Comprehensive
                    [Summary] => 
Can a property mortgaged as collateral for the loan of a borrower from a bank be foreclosed for the other unpaid obligation of the said borrower from the same bank? This is the issue raised and answered in this case of a manufacturer and exporter of fuel products (EII).

                    [DatePublished] => 2013-06-05 00:00:00
                    [ColumnID] => 133342
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 757925
                    [Title] => Blanket authority
                    [Summary] => 
It is a common practice among banking institutions to incorporate in the Real Estate Mortgage (REM) Contract signed by their borrowers-mortgagors, a clause providing that the property mortgaged secures not only the loan or credit accommodation obtained by the borrower but also those that the bank may “hereafter extend to said borrower-mortgagor including interests and expenses or any other obligation” owing to the bank.
                    [DatePublished] => 2011-12-14 00:00:00
                    [ColumnID] => 133340
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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                    [ArticleID] => 502006
                    [Title] => Sakop lahat
                    [Summary] => KASO ito ng kompanyang EII na umaangkat at nagbebenta ng langis at iba pang produktong petrolyo.
                    [DatePublished] => 2009-09-05 00:00:00
                    [ColumnID] => 134393
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => PSN Opinyon
                    [SectionUrl] => opinyon
                    [URL] => 
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                    [ArticleID] => 488301
                    [Title] => Dragnet clause
                    [Summary] => 
Certain Real Estate Mortgage Contract contains a blanket clause also called the “dragnet clause” which has been recognized as valid and legal.
                    [DatePublished] => 2009-07-21 00:00:00
                    [ColumnID] => 133340
                    [Focus] => 0
                    [AuthorID] => 1804883
                    [AuthorName] => Jose C. Sison
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => 
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abtest

Comprehensive

By Jose C. Sison | June 5, 2013 - 12:00am

Can a property mortgaged as collateral for the loan of a borrower from a bank be foreclosed for the other unpaid obligation of the said borrower from the same bank? This is the issue raised and answered in this case...

Opinion

Blanket authority

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | December 14, 2011 - 12:00am

It is a common practice among banking institutions to incorporate in the Real Estate Mortgage (REM) Contract signed by their borrowers-mortgagors, a clause providing that the property mortgaged secures not only the...

Opinion

Sakop lahat

By Jose C. Sison | September 5, 2009 - 12:00am

KASO ito ng kompanyang EII na umaangkat at nagbebenta ng langis at iba pang produktong petrolyo.

PSN Opinyon

Dragnet clause

By A LAW EACH DAY (KEEPS TROUBLE AWAY) | By Jose C. Sison | July 21, 2009 - 12:00am

Certain Real Estate Mortgage Contract contains a blanket clause also called the “dragnet clause” which has been recognized as valid and legal.

Opinion