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 and […]
Negotiable Instruments Law
44 posts
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 were […]
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 Rice […]
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 paid. […]
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 this, […]
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 Father […]
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 a […]
G. R. No. 137191 – 392 SCRA 61 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – Bouncing Checks Law – Knowledge of Insufficiency of Funds Ben Rico is a contractor who purchases construction materials from Ever Lucky Commercial. Through the course of his business with Ever […]
G.R. No. 71694 – 200 SCRA 637 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – Assignment of Credit Nyco Sales Corporation has discounting privileges with BA Finance Corporation. In 1978, brothers Renato Fernandez and Santiago Renato (officers of Sanshell Corporation) approached Nyco Sales Corporation for a […]
G.R. No. L-28226 – 35 SCRA 140 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – 24 Hour Clearing House Rule On 8 March 1965, the Philippine Long Distance Telephone Company (PLDT) drew a check against its account with the Hongkong and Shanghai Banking Corporation (HSBC) for P14,608.05. […]
G.R. No. 105461 – 227 SCRA 723 – Mercantile Law – Negotiable Instruments Law – Purpose of BP 22 Criminal Law – Special Penal Laws – Batas Pambansa Blg. 22 – Elements; Damage is not an element of violations of BP 22 Marlyn Lazaro, a businesswoman, was paid by Rudy […]
G.R. No. L-15126 – 3 SCRA 596 – Mercantile Law – Negotiable Instruments Law – Rights of the Holder – What Constitutes a Holder in Due Course – Is a payee a holder in due course? Matilde Gonzales was a patient of the De Ocampo Clinic owned by Vicente De […]