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Heirs of Uy v. International Exchange Bank by Karen Gina Dupra is a document available to read on EtoBox.

What is Heirs of Uy v. International Exchange Bank about?

1) International Exchange Bank (iBank) granted loans to Hammer Garments Corporation (Hammer) covered by promissory notes and deeds of assignment totaling P24,938,898.08. Fe Tan Uy signed a P25 Million surety agreement to secure the loans but later claimed her signature was forged. 2) When Hammer defaulted on payments, iBank sued Hammer, Uy, and Goldkey Development Corporation (Goldkey), which mortgaged properties to secure part of the loan. The court found Uy and Goldkey jointly liable, piercing the corpo

Author

Karen Gina Dupra

Language

EN