Uber Digests | Negotiable Instruments Law
class="archive category category-negotiable-instruments-law-mercantile-law category-3272 wpb-js-composer js-comp-ver-3.6.12 vc_responsive"


Negotiable Instruments Law

Chan Wan vs Tan Kim et al

109 Phil 706 – Commercial Law – Negotiable Instruments Law – Negotiation after Dishonor – Holder in Due Course Tan Kim and her husband (Chen So) issued 11 checks payable […]

December 27, 2013

Enrique Montinola vs Philippine National Bank

88 Phil 178 – Commercial Law – Negotiable Instruments Law – Alteration – Assignee – Partial Indorsement In May 1942, Ubaldo Laya, as provincial treasurer of Misamis Oriental issued a […]

December 20, 2013

Charles Fossum vs Fernandez Hermanos et al

44 Phil 713 – Commercial Law – Negotiable Instruments Law – Presumption as to who is a “Holder in Due Course”  In 1919, the Fernandez Hermanos (FH) contracted with the […]

December 20, 2013

Ang Tiong vs Lorenzo Ting et al

22 SCRA 713 – Commercial Law – Negotiable Instruments Law – Accommodation Party – General Indorser  In August 1960, Lorenzo Ting issued a check in the amount of P4,000.00 payable […]

December 17, 2013

Jose Ponce De Leon vs Rehabilitation Finance Corporation et al

36 SCRA 289 – Commercial Law – Negotiable Instruments Law – Payable on Demand  On October 8, 1951, Jose Ponce De Leon and Francisco Soriano took out a loan from […]

December 16, 2013

Victoria Vda. De Gaston vs Republic of the Philippines

19 SCRA 685 – Commercial Law – Negotiable Instruments Law – Payable on Demand – Meaning of “Reasonable Time”  In the months of April, May, June, July, and December 1943, […]

December 16, 2013

Philippine Education Co., Inc. vs Mauricio Soriano, et al

39 SCRA 587 – Commercial Law – Negotiable Instruments Law – Postal Money Orders Not Negotiable Instruments In April 1958, a certain Enrique Montinola was purchasing ten money orders from […]

December 14, 2013

Florentina Lozano vs Judge Antonio Martinez et al

146 SCRA 323 – Commercial Law – Negotiable Instruments Law – Constitutionality of BP 22 This case is a consolidation of 8 cases regarding violations of the Bouncing Checks Law […]

December 12, 2013

Benjamin Abubakar vs The Auditor General

81 Phil. 359 – Commercial Law – Negotiable Instruments Law – Treasury Warrants In 1941, a treasury warrant was issued in favor of Placido Urbanes, a government employee in the […]

November 29, 2013

Philippine Commercial International Bank vs Court of Appeals (2001)

350 SCRA 446 – Mercantile Law – Business Organization – Corporation Law – Liability of a Banking Corporation for Wrongful/Tortuous Acts Committed By Its Employees  In 1977, 1978, and 1979 […]

November 20, 2012

Marlyn Lazaro vs Court of Appeals

227 SCRA 723 – Mercantile Law – Negotiable Instruments Law – Purpose of BP 22  Marlyn Lazaro, a businesswoman, was paid by Rudy Chua a check worth P90,000.00 so that […]

March 15, 2012

Myron Papa vs A.U. Valencia and Co., Inc.

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. […]

March 15, 2012

Pio Barretto Realty Development Corporation vs Court of Appeals

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 […]

March 15, 2012

Luis Wong vs Court of Appeals

351 SCRA 100 – Mercantile Law – Negotiable Instruments Law – Batas Pambansa 22 – Knowledge of Insufficiency  Luis Wong is a collector of Limtong Press, Inc., a company which […]

March 15, 2012

Associated Bank vs Court of Appeals (1992)

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 […]

March 14, 2012

State Investment House, Inc. vs Court of Appeals (1993)

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 […]

March 14, 2012

Marcelo Mesina vs Intermediate Appellate Court

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 […]

March 13, 2012

Philippine Commercial International Bank vs Court of Appeals (2001)

350 SCRA 446 – Mercantile Law – Negotiable Instruments Law – Rights of the Holder – What Constitutes a Holder in Due Course – Negligence of the Collecting Bank and […]

March 9, 2012

Vicente De Ocampo vs Anita Gatchalian

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 […]

March 8, 2012

Bank of Philippine Islands vs Court of Appeals (February 2000)

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). […]

March 8, 2012

Eulalio Prudencio vs Court of Appeals

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 […]

March 8, 2012

Republic Bank vs Mauricia Ebrada

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 […]

March 6, 2012

Natividad Gempesaw vs Court of Appeals

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 […]

March 6, 2012

Republic Bank vs Court of Appeals

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) […]

March 6, 2012

Manila Lighter Transportation, Inc. vs Court of Appeals

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 […]

March 5, 2012

Philippine National Bank vs Court of Appeals (October 1968)

25 SCRA 693 – Mercantile Law – Negotiable Instruments Law – Liabilities of Parties – Forgery –  Forged Check – Warranties In November 1961, GSIS advised PNB that a check […]

March 5, 2012

Metropolitan Waterworks and Sewerage System vs Court of Appeals (July 1986)

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 […]

March 5, 2012

Philippine National Bank vs Romulo Quimpo

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 […]

March 5, 2012

Associated Bank vs Court of Appeals (1996)

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 […]

March 5, 2012

Philippine National Bank vs Benito Seeto

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 […]

March 4, 2012

Loreto De La Victoria vs Jose Burgos

 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 […]

March 4, 2012

Philippine National Bank vs Concepcion Mining Company, Inc.

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 […]

March 4, 2012

Caltex (Philippines), Inc. vs Court of Appeals

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 […]

March 4, 2012

Ang Tek Lian vs Court of Appeals

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 […]

March 4, 2012

Equitable Banking Corporation vs Intermediate Appellate Court

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 […]

March 4, 2012

Octavio Kalalo vs Alfredo Luz

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 […]

March 3, 2012

Nelia Ponce vs Court of Appeals

90 SCRA 533 – – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Sum Certain in Money – RA 529 In 1969, Jesusa Afable and two […]

February 29, 2012

Paz Arrieta vs National Rice and Corn Corporation

10 SCRA 79 – Mercantile Law – Negotiable Instruments Law – Negotiable Instruments in General – Sum Certain in Money – Currency – Republic Act 529 Paz Arrieta is a […]

February 29, 2012
 

Elizalde Company vs Biñan Transportation Company

Negotiable Instruments Law – Negotiable Instruments in General – 58 OG 5886 – Unconditional Promise To Pay Biñan Transportation Company bought two motor vehicles.  They signed a promissory note and […]

February 29, 2012

Pacifica Jimenez vs Jose Bucoy

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 […]

February 29, 2012

Republic Planters Bank vs Court of Appeals

216 SCRA 738 – Mercantile Law – Negotiable Instruments in General – Signature of Makers  In 1979, World Garment Manufacturing, through its board authorized Shozo Yamaguchi (president) and Fermin Canlas […]

February 29, 2012

Baldomero Inciong, Jr. vs Court of Appeals

257 SCRA 578 – Mercantile Law – Negotiable Instruments in General – Signature of Makers – Guaranty  In February 1983, Rene Naybe took out a loan from Philippine Bank of […]

February 28, 2012

Ben Rico vs People of the Philippines

392 SCRA 61 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – Bouncing Checks Law – Knowledge on Insufficiency of Funds  Ben Rico is a contractor who […]

February 28, 2012

Lina Lim Lao vs Court of Appeals

274 SCRA 572 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor –  Bouncing Checks Law – Corporate Checks Signed By Employee Father Artelijo Palijo was investing with […]

February 28, 2012

Nyco Sales Corporation vs BA Finance Corporation

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, […]

February 27, 2012

Hongkong & Shanghai Banking Corporation vs Peoples Bank & Trust Company

35 SCRA 140 – Mercantile Law – Negotiable Instruments Law – Notice of Dishonor – 24 Hour Clearing House Rule On March 8, 1965, the Philippine Long Distance Telephone Company […]

February 19, 2012