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Showing 49–50 of 50 articles for “escape”

Solidary Liability in Promissory Notes: Inciong v. Philippine Bank of Communications

A co-maker who signs a promissory note cannot escape solidary liability by claiming fraud without clear evidence, as explained in this Philippine case.

Understanding Solidary Liability in Philippine Promissory Notes: Inciong Jr. v. Court of Appeals

A Supreme Court ruling explains what signing a promissory note "jointly and severally" means, and why co-makers cannot escape liability.