G.R. No. L-62431-33 – 360 SCRA 127 – Mercantile Law – Negotiable Instruments Law – Check Payments – Due Diligence in Presenting Checks for Payment Honor Moslares and Pio Barretto Realty Development Corporation are disputing over the estate of Nicolai Drepin, represented by Atty. Tomas Trinidad. To settle the […]
Monthly Archives: March 2012
41 posts
G.R. No. 105188 – 284 SCRA 643 – Mercantile Law – Negotiable Instruments Law – Consummation of Sale in Lieu of Check Payment Myron Papa is the administrator of the estate of Angela Butte. In 1973, he sold a portion of said estate to Felix Peñarroyo through A.U. Valencia […]
G.R. No. 117857 – 351 SCRA 100 – Mercantile Law – Negotiable Instruments Law – Batas Pambansa 22 – Knowledge of Insufficiency Criminal Law – Special Penal Laws – Batas Pambansa Blg. 22 – Elements – Notice of Dishonor – Presumption of Knowledge of Insufficiency Luis Wong is a […]
G.R. No. 89802 – 208 SCRA 465 – Mercantile Law – Negotiable Instruments Law – Crossed Checks – Effects of Crossing Checks Merle Reyes is a businesswoman who was issued 6 checks by her customers as payments for her services. The 6 checks are crossed checks which on their […]
G.R. No. 101163 – 217 SCRA 32 – Mercantile Law – Negotiable Instruments Law – Holder in Due Course – Notice of Dishonor Corazon Victoriano provided pieces of jewelry to Nora Moulic so that the latter may sell the same. As security for the jewelries, Moulic issued to Victoriano […]
G.R. No. 70145 – 145 SCRA 497 – Mercantile Law – Negotiable Instruments Law – Rights of the Holder – What Constitutes a Holder in Due Course -Stolen Check Jose Go maintains an account with Associated Bank. He needed to transfer P800,000.00 from Associated Bank to another bank but […]
G.R. No. 121267 – 368 SCRA 9 – Mercantile Law – Law on Intellectual Property – Law on Patents – Compulsory License In August 1989, Danlex Research Laboratories petitioned before the Bureau of Patents, Trademarks and Technology Transfer (BPTTT) that it may be granted a compulsory license for the […]
G.R. No. 112392 – 326 SCRA 641 – Mercantile Law – Negotiable Instruments Law – Negotiation – Indorsement – Withdrawal Slip Benjamin Napiza maintains an account with the Bank of the Philippine Islands (BPI). In 1987, Napiza was approached by Henry Chan and the latter gave him a $2,500 […]
G.R. No. L-34539 – 143 SCRA 7 – Mercantile Law – Negotiable Instruments Law – Consideration – Liability of Accommodation Party – Holder in Course In 1955, Concepcion and Tamayo Construction Enterprise had a contract with the Bureau of Public Works. The firm needed fund to push through with […]
G.R. No. 92244 – 218 SCRA 682 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Forged Indorsements Natividad Gempesaw is a businesswoman who entrusted to her bookkeeper, Alicia Galang, the preparation of checks about to be issued in the course of her business […]
G.R. No. L-40796 – 65 SCRA 680 – Mercantile Law – Negotiable Instruments Law – Consideration – Forgery – Liability of Accommodation Party On January 15, 1963, the Bureau of Treasury issued a back paycheck to Martin Lorenzo in the amount of P1,246.08. The drawee named therein was Republic […]
G.R. No. 42725 – 196 SCRA 100 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – 24 Hour Clearing House Rule On January 25, 1966, San Miguel Corporation (SMC) issued a P240.00 check in favor of Roberto Delgado against SMC’s account with the First […]
G.R. No. L-50373 – 182 SCRA 251 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Forged Signatures of Indorser From January 1960 to June 1961, Augusto Perez, collector of the Manila Lighter Transportation (MLT), collected 49 checks from MLT’s clients. The checks amounted […]
G.R. No. L-26001 – 25 SCRA 693 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Forged Check – Warranties In November 1961, GSIS advised PNB that a check bearing check number 645915- B has been lost. On January 15, 1962, Augusto Lim, holding GSIS […]
G.R. No. L-62943 – 143 SCRA 20 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Negligence of Drawer Metropolitan Waterworks and Sewerage System (MWSS) had an account with PNB. When it was still called NAWASA, MWSS made a special arrangement with PNB so […]
G.R. No. L-53194 – 158 SCRA 582 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Liability of the Drawee Bank In June 1973, Francisco Gozon II went to the Philippine National Bank (Caloocan City) accompanied by his friend Ernesto Santos. Gozon left Santos […]