- Petitioner
- Scc Chemicals Corporation
- Respondent
- The Honorable Court of Appeals
- Citation
- G.R. No. 128538
- Court
- Supreme Court
- Division
- Second Division
- Ponente
- Quisumbing, J.
- Decided
- February 28, 2001
Summary
SCC Chemicals Corporation borrowed P129,824.48 from State Investment House Inc. with 30% annual interest, secured by a surety agreement. When SCC defaulted, SIHI sued for collection. SCC defended by questioning the admissibility of evidence and claiming lack of consideration. The trial court ruled for SIHI, awarding the principal amount with interest and attorney's fees. The Court of Appeals affirmed completely. The Supreme Court partly granted SCC's petition, affirming liability but deleting attorney's fees because the trial court failed to state reasons for the award. The case establishes that repeated failure to cross-examine constitutes waiver of the right, and that judicial admissions at pre-trial are sufficient proof of contractual obligations under Article 1159 of the Civil Code.