Hector Francisquini Encarnación v. Banco Popular de Puerto Rico

CourtDistrict Court, D. Puerto Rico
DecidedMarch 26, 2026
Docket3:25-cv-01229
StatusUnknown

This text of Hector Francisquini Encarnación v. Banco Popular de Puerto Rico (Hector Francisquini Encarnación v. Banco Popular de Puerto Rico) is published on Counsel Stack Legal Research, covering District Court, D. Puerto Rico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Hector Francisquini Encarnación v. Banco Popular de Puerto Rico, (prd 2026).

Opinion

UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO

HECTOR FRANCISQUINI ENCARNACIÓN

Appellant, v. Civ. No. 25-cv-1229 (MAJ) BANCO POPULAR DE PUERTO RICO

Appellee.

OPINION AND ORDER I. Introduction This appeal arises from a Chapter 13 bankruptcy adversary proceeding filed in the United States Bankruptcy Court for the District of Puerto Rico. Hector Manuel Francisquini Encarnación (“Francisquini”), the bankrupt debtor, appeals an order granting summary judgment in favor of claimant Banco Popular and dismissing the adversary proceeding filed by Francisquini against Banco Popular.1 On appeal, Francisquini raises numerous proposed grounds for reversal. (ECF No. 9 at 7–9). For the reasons that follow, the Court AFFIRMS the ruling of the Bankruptcy court.

1 The same order denied Francisquini’s motion for summary judgment. See Opinion and Order, Francisquini-Encarnación v. Banco Popular de Puerto Rico, et al., No. 23-0057-EAG (Bankr. D.P.R. Jul. 13, 2023), Dkt. No. 48 at 11. II. Factual Background.2 On January 31, 2023, Francisquini filed a petition under Chapter 13 of the

Bankruptcy Code in the United States Bankruptcy Court for the District of Puerto Rico. See Chapter 13 Voluntary Petition, In Re Hector Manuel Francisquini, No. 23-00281- EAG13 (Bankr. D.P.R. Jan. 31, 2023), Dkt. No. 1. Ten proofs of claims were filed against Francisquini in the aggregate amount of $590,816.19. See Claims Register, No. 23-00281- EAG13. Shortly thereafter, Francisquini filed a related adversary proceeding against Banco Popular, a claimant in the Chapter 13 proceeding, requesting that Claims 4 and 5 be disallowed. See Complaint, Francisquini-Encarnación v. Banco Popular de Puerto Rico, et al., No. 23-0057-EAG (Bankr. D.P.R. Jul. 13, 2023), Dkt. No. 1.3

Claim 4 relates to a $124,000.00 mortgage note Francisquini executed on September 30, 2004 (the “September 2004 Mortgage Note”). Id., Dkt. 1 at 2; Dkt. 48 at 2. To secure the debt, Francisquini put up a parcel of real property as collateral, executing a mortgage deed to encumber the property with a lien (“Mortgage Deed 382”). Id. at Dkt. 48 at 2. The lien was duly recorded with the Property Registry. The mortgage note was later transferred to Banco Popular. After the initiation of the bankruptcy proceedings,

2 Under Rule 8014(a)(5) of the Federal Rules of Bankruptcy Procedure, a party that appeals an adverse ruling to a United States District Court must include in their appellant brief “a concise statement of the case setting out the facts relevant to the issues submitted for review, describing the relevant procedural history, and identifying the rulings presented for review, with appropriate references to the record[.]” Francisquini fails to observe this requirement. (ECF No. 9). The Court therefore looks to the facts presented in the responsive briefing filed by Banco Popular, (ECF No. 12 at 11–14), (ECF No. 14 at 8–22), as well as to the underlying adversary proceeding. Because Francisquini raises no challenge to the factual findings adopted on summary judgment below, the Court adopts those findings as fact on appeal. 3 The Complaint also requested that Claim 2 in the Chapter 13 proceeding be disallowed. See Id. On March 19, 2024, Francisquini’s objections relating to Claim 2 were voluntarily dismissed. See Order, No. 23-0057-EAG (Bankr. D.P.R. Mar. 19, 2023), Dkt. No. 34. Banco Popular Claim 4 for the $69,877.29 outstanding under the September 2004 Mortgage Note. Id.

Claim 5 traces back to June 15, 2005, when Francisquini obtained two loans from Westernbank Puerto Rico in the aggregate amount of $360,000. To secure the debt, Francisquini executed three mortgage notes. In addition, to provide collateral for the debt, Francisquini executed three mortgage deeds that encumbered two parcels of real property with liens. The liens over the properties were duly recorded with the Property Registry. Banco Popular later acquired the mortgage notes. In 2020, Banco Popular filed an action against Francisquini in state court seeking collection of money and foreclosure. The court entered judgment in favor of Banco Popular. Based on that judgment, Banco Popular filed Claim 5 for the secured amount of $415,449.95.

Banco Popular moved for summary judgment on Claim 5 on res judicata grounds. Citing to a 2020 state court foreclosure proceeding between the parties, Banco Popular argued that Francisquini was foreclosed from raising arguments that either could have been or were litigated in the prior suit. Id. at Dkt. No. 39. Francisquini later moved for summary judgment with respect to Claim 4. Id. at Dkt. No. 40. Banco Popular then filed a cross motion for summary judgment with respect

to Claim 4. Id. at Dkt. No. 41.4

4 Under Rule 7056 of the Federal Rules of Bankruptcy Procedure, Rule 56 of the Federal Rules of Civil Procedure “applies in an adversary proceeding.” Fed. R. Bankr. P. 7056. Under Rule 56, summary judgment is warranted only when there is no genuine dispute as to any material fact and questions of law are all that remain. White v. Hewlett Packard Enterprise Co., 985 F.3d 61, 68 (1st Cir. 2021). As previously noted, Francisquini raises no challenge on appeal to the factual findings of the Bankruptcy court on appeal. See supra n.2. With respect to Claim 4, Francisquini raised two arguments as to why the Claim should be disallowed. First, Francisquini argued that a notarial defect in the September 2004 Mortgage Note rendered the note voidable. Id. at Dkt. No. 40 at 4 (citing P.R. Laws. Ann. tit. 4, § 2052). Second, Francisquini argued that Mortgage Deed 382 was null and void because the mortgagee’s representatives failed to sign the deed. Id. (citing P.R. Laws.

An. tit. 4, § 2092). Banco Popular disagreed, asserting that (1) there was no notarial defect in the September 2004 Mortgage Note, and (2) that Mortgage Deed 382 did not require the mortgagee’s signature because it “was executed to secure the [September 2004 Mortgage Note] as an instrument negotiable by endorsement[.]” Id., Dkt. No. 41 at 8. With respect to Claim 5, Francisquini argued that (1) the prior state foreclosure action had no preclusive effect because the doctrine of res judicata no longer exists in Puerto Rico, (2) the mortgage deeds filed in support of Claim 5 were null and void because—as with Claim 4—the mortgagee’s representatives had failed to sign the deeds,

and (3) the mortgage notes supporting the claim were subject to a statutory bar under the Code of Commerce of Puerto Rico, P.R. Laws. Ann. tit. 10, § 1901. Id., Dkt. No 45 at 18. On April 4, 2025, the Bankruptcy court granted summary judgment in favor of Banco Popular as to each claim. Id., Dkt. No. 48. Specifically, the court found that the doctrine of res judicata barred relitigation of any claims or issues related to Claim 5 that were or could have been raised in the prior state court foreclosure and collection action in which a final judgment had been entered against Francisquini. Id. at 8–9. The

Bankruptcy court also rejected Francisquini’s arguments regarding the statute of limitations, noting that the 20-year limitation period under the Puerto Rico Commercial Transactions Act applied to mortgage notes, not the three-year period under the Code of Commerce. Id. at 9.

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Hector Francisquini Encarnación v. Banco Popular de Puerto Rico, Counsel Stack Legal Research, https://law.counselstack.com/opinion/hector-francisquini-encarnacion-v-banco-popular-de-puerto-rico-prd-2026.