Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Forged Signatures and Bank Liability: Upholding Due Diligence in Loan Transactions
When a bank honors a forged check, it bears the loss. The Supreme Court explains why in PNB v. Giron-Roque.
Nov 26, 2014cashier's checkmanager's checknegotiable instrumentsbanking lawstop paymentcontractual dispute
Cashier's Checks and Contractual Disputes: Bank Obligations and Purchaser Rights in Philippine Law
When can a purchaser stop payment on a manager's or cashier's check? The Supreme Court explains in Chiok v. Metrobank.