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A-1 Financial Services, Inc. Vs. Atty. Laarni N. Valerio

A-1 FINANCIAL SERVICES, INC., Complainant, versus ATTY. LAARNI N. VALERIO, Respondent.

A.C. No. 8390 [Formerly CBD 06-1641] | 2010-07-02

D E C I S I O N


PERALTA, J.:

Before us is a Complaint[1] dated January 18, 2006 for disciplinary action against respondent Atty. Laarni N. Valerio filed by A-1 Financial Services, Inc., represented by Diego S. Reunilla, its account officer, with the Integrated Bar of the Philippines-Commission on Bar Discipline (IBP-CBD), docketed as CBD Case No. 06-1642, now A.C. No. 8390, for violation of Batas Pambansa Blg. 22 (B.P. 22) and non-payment of debt.

On November 13, 2001, A-1 Financial Services, Inc., a financing corporation, granted the loan application of Atty. Valerio amounting to P50,000.00. To secure the payment of the loan...