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Oscar D. Ramos, etal. Vs. Court of Appeals, etal.

OSCAR D. RAMOS and LUZ AGUDO, petitioners, vs. HON. COURT OF APPEALS, ADELAIDA RAMOS and LAZARO E. MENESES, respondents.

G.R. No. 42108 | 1989-12-29

D E C I S I O N


REGALADO, J.:

The instant petition for review on certiorari impugns the decision of the Court of Appeals dated October 7, 1975, 1 which affirmed in toto the decision of the Court of First Instance of Tarlac in Civil Case No. 4168, entitled "Adelaida Ramos, et al vs. Oscar D. Ramos, et al.," holding that the contracts between the parties are not ventas con pacto de retro but are equitable mortgages.

Sometime in January, 1959, private respondent Adelaida Ramos borrowed from her brother, petitioner Oscar D. Ramos, the amounts of P5,000.00 and P9,000.00 in connection with her business transaction with one Flor Ramiro, Fred...