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Showing 1–4 of 4 articles for “accommodation party”

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Oct 13, 2014 estafa bp-22 civil-liability accommodation-party acquittal bounced-check

Civil Liability Despite Acquittal: Estafa and BP 22 in Philippine Law

Acquittal in estafa does not erase civil liability if it arises from a separate source, like being an accommodation party to a bounced check.

Dec 5, 2012 accommodation party negotiable instruments law bouncing checks civil liability corporate debt surety

Accommodation Party Liability: Personal Checks for Corporate Debt

When a corporate officer issues personal checks for a company loan, they may be personally liable as an accommodation party under Philippine law.

Apr 16, 2008 accommodation party promissory note civil law negotiable instruments loan liability

Accommodation Party Liability When Signing a Promissory Note With Assumed Responsibility

When does signing a promissory note as an accommodation party create liability? The Supreme Court explains in Co v. Admiral United Savings Bank.

Sep 5, 2007 accommodation party negotiable instruments law promissory notes surety civil law

Accommodation Party Liability: Associated Bank v. Ang on Negotiable Instruments

Explaining the Supreme Court's ruling in Associated Bank v. Ang on accommodation party liability under the Negotiable Instruments Law.