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Nov 29, 2006negotiable-instruments-lawcheck-dishonorendorsementbanking-lawcommercial-lawphilippine-supreme-court
Check Dishonor Liability: Fault Determines Who Bears the Loss
When a bank's own qualified endorsement causes a check's dishonor, it cannot recover from prior endorsers under the Negotiable Instruments Law.
Civil Liability After Acquittal: Endorser Liability for Dishonored Checks in the Philippines
Learn when an acquittal in estafa does not erase civil liability, and how endorsers of dishonored checks may still be held to pay.