G.R. No. L-15380 – 109 Phil. 706 – Mercantile Law – Negotiable Instruments Law – Negotiation after Dishonor – Holder in Due Course Tan Kim and her husband (Chen So) issued 11 checks payable to “cash or bearer” to be drawn against their account with the Equitable Banking Corporation. The […]
negotiable instruments law
43 posts
G.R. No. L-19461 – 44 Phil. 713 – Mercantile Law – Negotiable Instruments Law – Presumption as to who is a “Holder in Due Course” In 1919, the Fernandez Hermanos (FH) contracted with the American Iron Products Company, Inc. (AIP), for the latter to build a shaft for one of […]
G.R. No. L-2861 – 88 Phil. 178 – Mercantile Law – Negotiable Instruments Law – Alteration – Assignee – Partial Indorsement In May 1942, Ubaldo Laya, as provincial treasurer of Misamis Oriental issued a P100,000.00 Philippine National Bank (PNB) check to Mariano Ramos. The said check was to be used […]
G.R. No. L-26767 – 130 Phil. 741 – 22 SCRA 713 – Mercantile Law Law – Negotiable Instruments Law – Accommodation Party – General Indorser In August 1960, Lorenzo Ting issued a check in the amount of P4,000.00 payable to cash or bearer. At the back of the check, Felipe […]
G.R. No. L-20320 – 19 SCRA 685 – Mercantile Law – Negotiable Instruments Law – Payable on Demand – Meaning of “Reasonable Time” In the months of April, May, June, July, and December 1943, German Gaston took out 5 loans from the Bank of Taiwan totaling to P4,889.91. He executed […]
G.R. No. L-24571 – 146 Phil. 862 – 36 SCRA 289 – Mercantile Law – Negotiable Instruments Law – Payable on Demand On October 8, 1951, Jose Ponce De Leon and Francisco Soriano took out a loan from the Rehabilitation Finance Corporation or RFC (now Development Bank of the Philippines) […]
G.R. No. L-22405 – 148-A Phil. 521 – 39 SCRA 587 – Mercantile Law – Negotiable Instruments Law – Postal Money Orders Are Not Negotiable Instruments In April 1958, a certain Enrique Montinola was purchasing ten money orders from the Manila Post Office. Each money order was worth P200.00. Montinola […]
G.R. No. L-63419 – 230 Phil. 406 – 146 SCRA 323 – Mercantile Law – Negotiable Instruments Law – Constitutionality of BP 22 Political Law – Constitutional Law – Bill of Rights – Equal Protection Clause This case is a consolidation of 8 cases regarding violations of the Bouncing Checks […]
G.R. No. L-1405 – 81 Phil. 359 – Mercantile Law – Negotiable Instruments Law – Treasury Warrants In 1941, a treasury warrant was issued in favor of Placido Urbanes, a government employee in the province of La Union. The said treasury warrant was meant to augment the Food Production Campaign […]
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 dispute, […]
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 and […]
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 collector […]
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 faces […]
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 two […]
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 he […]
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 Continental […]