Monclova v. Financial Credit Corp.

delivered de opinion of the Court.

As trustee of the bankrupt corporation Soler & Mascaré Auto Corporation, Manuel Monclova began a civil action before the Superior Court, San Juan Part, against Financial Credit Corporation, in which, in synthesis, he exercised six claims which can be broken down in the following fashion:(a) It maintains that a contract denominated “dealer’s retail agreement” was simulated, drafted and executed in order to cover up loan operations at usurious interest, and that, because of this, Soler & Mascaré Auto Corporation paid to the defendant, and the defendant should…