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JurisprudenceG.R. No. 180257 -

G.R. No. 180257 - EUSEBIO GONZALES, VS. PHILIPPINE COMMERCIAL AND INTERNATIONAL BANK, EDNA OCAMPO, AND ROBERTO NOCEDA.D E C I S I O N - Supreme Court E-Library

Cited Laws

RA 123,RA 648,RA 620,RA 328,RA 352,RA 572,RA 144,RA 269,RA 261,RA 243,RA 61,RA 363,RA 585,RA 244RA 485,RA 711,RA 322,RA 69,RA 616RA 607
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TL;DR — Ruling

WHEREFORE, judgment is rendered as follows - (a) on the first issue, plaintiff is liable to pay defendant Bank as principal under the promissory notes, Exhibits A, B and C; (b) on the second issue, the Court finds that there is justification on part of the defendant Bank to dishonor the check, Exhibit H; (c) on the third issue, plaintiff and defendants are not entitled to damages from each other. No pronouncement as to costs. SO ORDERED.

Decision

Ruling

WHEREFORE, judgment is rendered as follows - (a) on the first issue, plaintiff is liable to pay defendant Bank as principal under the promissory notes, Exhibits A, B and C; (b) on the second issue, the Court finds that there is justification on part of the defendant Bank to dishonor the check, Exhibit H; (c) on the third issue, plaintiff and defendants are not entitled to damages from each other. No pronouncement as to costs. SO ORDERED.