G.R. No. L-2516 – 87 Phil. 383 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Indorsement to “Cash” – Bearer Instrument In 1946, Ang Tek Lian approached Lee Hua and asked him if he could give him P4,000.00. He said that he meant to […]
Yearly Archives: 2012
G.R. No. 158786 – G.R. No. 158789 – 537 SCRA 171 – Labor Law – Labor Relations – Categories of Illegal Strikes In May 2000, Mediator-Arbiter Ma. Zosima Lameyra issued an order certifying Toyota Motor Philippines Corporation Workers Association as the exclusive bargaining agent of all Toyota rank-and-file employees. […]
G.R. No. 74451 – 161 SCRA 518 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Certainty of Payee In 1975, Liberato Casals, majority stockholder of Casville Enterprises, went to buy two garrett skidders (bulldozers) from Edward J. Nell Company amounting to P970,000.00. To pay the […]
G.R. No. 111190 – 245 SCRA 374 – Mercantile Law – Negotiable Instruments Law – Delivery of Negotiable Instruments – Paychecks of Public Officers Raul Sebreño filed a complaint for damages against Fiscal Bienvenido Mabanto Jr. of Cebu City. Sebreño won and he was awarded the payment of damages. […]
G.R. No. L-16968 – 5 SCRA 745 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Rules of Construction A promissory note dated March 12, 1954 was executed by Vicente Legarda, president of Concepcion Mining Company, and Jose Sarte. On the face of the promissory […]
G.R. No. 97753 – 212 SCRA 448 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Bearer Instrument – Certificate of Time Deposit In 1982, Angel de la Cruz obtained certificates of time deposit (CTDs) from Security Bank and Trust Company for the former’s deposit […]
G.R. No. L-4388 – 91 Phil. 756 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Parties Secondarily Liable In 1948, Gan Yek Kiao drew a check in the amount of P5,000.00 payable to cash or to bearer. The check was delivered to Benito Seeto. Seeto […]
G.R. No. L-27782 – 34 SCRA 337 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Sum Certain in Money – Currency To Be Used Octavio Kalalo is an engineer whose services were contracted by Alfredo Luz, an architect, in 1961. Luz contracted Kalalo to […]
G.R. No. L-49494 – 90 SCRA 533 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Sum Certain in Money – RA 529 In 1969, Jesusa Afable and two others procured a loan from Nelia Ponce in the amount of $194,016.29. In June 1969, Afable […]
G.R. No. L-10221 – 103 Phil. 40 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Unconditional Promise To Pay During the Japanese occupation, Pacita Young issued three promissory notes to Pacifica Jimenez. The total sum of the notes was P21k. All three promissory notes […]
G.R. No. L-15645 – 10 SCRA 79 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Sum Certain in Money – Currency – Republic Act 529 Paz Arrieta is a rice dealer/importer. In May 1952, she participated in a public bidding held by the National […]
58 OG 5886 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Unconditional Promise To Pay Biñan Transportation Company bought two motor vehicles. They signed a promissory note and to secure payment, they mortgaged the motor vehicles. The promissory notes were negotiated and were not […]
G.R. No. 93073 – 216 SCRA 738 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Signature of Makers In 1979, World Garment Manufacturing, through its board authorized Shozo Yamaguchi (president) and Fermin Canlas (treasurer) to obtain credit facilities from Republic Planters Bank (RPB). For […]
** Image above is from Rappler ABAD, Cernick S ABAD, Rino E ABAGAT, Hazel V ABALOS, Dowelson M ABAN, Richard Bobot F ABAPO, Lovely S ABARCA, Rodvick J ABARQUEZ, Anna Melissa F ABAS-REGANION, Maria Liezelda G ABASQUEZ-FELASOL, Elizabeth B ABASTILLAS, JR., Renato M ABAYON, II, Harlin Gleeperf J ABDON, […]
G.R. No. 119178 – 274 SCRA 572 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – Bouncing Checks Law – Corporate Checks Signed By Employee Criminal Law – Special Penal Laws – Anti-Bouncing Checks Law – Defenses; Lack of Knowledge of Insufficiency of Funds in Corporate Account […]
G.R. No. 96405 – 257 SCRA 578 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Signature of Makers – Guaranty In February 1983, Rene Naybe took out a loan from Philippine Bank of Communications (PBC) in the amount of P50k. For that he executed […]