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Showing 1–10 of 10 articles for “unauthorized withdrawal”

Bank Negligence in the Philippines: The BDO v. Seastres Case on Extraordinary Diligence

When banks fail to exercise extraordinary diligence, they can be held fully liable for unauthorized withdrawals, as the Supreme Court ruled in BDO v. Seastres.

Bank Liability for Unauthorized Withdrawals: Upholding Fiduciary Duty in Banking Transactions

Philippine Supreme Court holds banks liable for honoring unauthorized withdrawals, reinforcing fiduciary duty and strict compliance with depositor instructions.

Court Personnel Dismissed for Grave Misconduct in Fee-Fixing Scandal

Supreme Court dismisses court employee for grave misconduct—soliciting fees from litigants and unauthorized withdrawal of publication fees.

Breach of Trust Dismissal for Clerk of Court's Mismanagement of Funds

Supreme Court dismisses a clerk of court for gross neglect of duty, dishonesty, and grave misconduct over unremitted judiciary funds and unauthorized withdrawals.

Banks' Duty of Care: Liability for Unauthorized Withdrawals and Moral Damages

Philippine Supreme Court ruling on bank liability for unauthorized withdrawals, gross negligence, and awards of moral and exemplary damages.

When Banks Breach Fiduciary Duty: Liability for Unauthorized Withdrawals

Supreme Court ruling on bank liability for unauthorized withdrawals by employees, moral damages, and the fiduciary duty of banks to depositors.

Bank Negligence and the Duty of Care in Handling Depositor Accounts

Philippine Supreme Court ruling on banks' fiduciary duty and liability for unauthorized withdrawals from depositor accounts.

Upholding Integrity: Dismissal for Dishonesty in Court Fund Handling

The Supreme Court dismisses a clerk of court for gross dishonesty and unauthorized withdrawals from the judiciary's fiduciary fund in a landmark accountability ruling.

Bank Liability for Unauthorized Withdrawals: Fiduciary Duty and Negligence

When a bank's negligence allows an impostor to withdraw funds, the bank may be liable. This case explains the rules on fiduciary duty and contributory negligence.

Banking Negligence Claims: Depositors Must Prove Unauthorized Transactions

Supreme Court ruling clarifies that depositors claiming unauthorized withdrawals must prove forgery or fraud, not just allege bank negligence.