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Showing 1–7 of 7 articles for “holder in due course”

Holder in Due Course Rights Prevail Over Stop Payment Orders

Philippine Supreme Court rules a holder in due course can enforce bank drafts despite stop payment orders, explaining drawer liability under the Negotiable Instruments Law.

Liability for Dishonored Bank Drafts: Holder in Due Course vs Drawer's Obligations

Philippine Supreme Court clarifies a bank drawer's liability on dishonored bank drafts, even after a stop payment order, when held by a holder in due course.

The Perils of Crossed Checks: Navigating Holder in Due Course Status

A crossed check warns holders to verify the indorser's title. Learn how the Supreme Court applied this rule in Dino v. Judal-Loot.

Altered Checks and Holder in Due Course Protection Under the Negotiable Instruments Law

Supreme Court ruling on drawee bank liability for altered checks and holder in due course protection under the Negotiable Instruments Law.

Holder in Due Course Protection Against Fraud in Negotiable Instruments

Philippine Supreme Court ruling on how a holder in due course of a negotiable instrument is protected from fraud defenses, and when corporate veil piercing applies.

Cashier's Check as Bank's Primary Obligation: Holder in Due Course Rights

Philippine Supreme Court ruling on cashier's checks, holder in due course status, and bank liability explained in plain language.

Holder in Due Course and Payee Obligations Under Philippine Negotiable Instruments Law

Supreme Court clarifies when a check payee qualifies as a holder in due course and the duties of parties to negotiable instruments.