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 […]
Yearly Archives: 2012
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 […]
G.R. No. 107382; G.R. No. 107612 – 252 SCRA 620 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery – Collecting Bank vs Drawee Bank The Province of Tarlac was disbursing funds to Concepcion Emergency Hospital via checks drawn against its account with the Philippine National […]