Category Archives: Negotiable Instruments

Jai-Alai vs BPI 66 SCRA 29, 6 Aug 1975, G.R. No. L-29432

Facts: Petitioner acquired 10 checks from a certain Antonio Ramirez. The said checks were deposited by the petitioner to the respondent bank. The Respondent bank temporarily credited the said checks to the account of the petitioner. After 3 months, the checks were found out to be forged. The respondent bank debited the account of theContinue reading “Jai-Alai vs BPI 66 SCRA 29, 6 Aug 1975, G.R. No. L-29432”

PAL vs CA

Fact: Petitioner, to satisfy the judgment award to the private respondent, issued a check under the name of the executing officer sheriff. The said sheriff then withdrew the check and absconded. The private respondent filed a writ to garish the bank of the petitioner which the court granted. The petitioner appeal contending that they haveContinue reading “PAL vs CA”

Tibajia vs CA

Facts: Petitioner delivered to the deputy sheriff the total amount of judgment in two separate mode of payment. One is in cash and the other is in cashier’s check. The Respondent refused to accept the said payment and instead insisted to garnish the funds deposited by the Petitioner in the RTC. The petitioner filed aContinue reading “Tibajia vs CA”

GOVERNMENT SERVICE INSURANCE SYSTEM vs. COURT OF APPEALS G.R. No. L-40824, February 23, 1989

Fact: Private respondents, together with the spouses Lagasca, executed a deed of mortgage, in favor of petitioner GSIS of deed of mortgage. A parcel of land co-owned by said mortgagor spouses Lagasca and Private respondents was given as security under the aforesaid deed. Lagasca executed an instrument denominated “Assumption of Mortgage” under which they obligatedContinue reading “GOVERNMENT SERVICE INSURANCE SYSTEM vs. COURT OF APPEALS G.R. No. L-40824, February 23, 1989”

KAUFFMAN vs THE PHILIPPINE NATIONAL BANK G.R. No. 16454, September 29, 1921

Fact: Plaintiff, President of Philippine Fiber and Produce Company was entitled to dividend from the said company. The treasurer of the company Cabled transfer the said dividends through Respondent bank to New York, then upon the confirmation the New York branch of the receipt of the funds, communicated the said receipt to the plaintiff informingContinue reading “KAUFFMAN vs THE PHILIPPINE NATIONAL BANK G.R. No. 16454, September 29, 1921”

Negotiable Instruments

Link Legend: Case Title: Case Digest Case Docket#: (Full Text) Introduction History: Governing Laws Applicability of the Law Kauffman vs PNB (42 Phil 182, 29 September 1921) GSIS vs CA (170 SCRA, 23 February 1989) General Principles Concept of Negotiable Instruments Definition Negotiable Instrument vs Legal Tender Negotiable Instrument – A written instrument signed byContinue reading “Negotiable Instruments”