This case has been cited 1 times or more.
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2012-10-03 |
PEREZ, J. |
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| In Transpacific Battery Corporation v. Security Bank and Trust Company,[30] we held that the restructuring of a loan agreement secured by a TR does not per se novate or extinguish the criminal liability incurred thereunder: x x x Neither is there an implied novation since the restructuring agreement is not incompatible with the trust receipt transactions. | |||||