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What is Chinabank Garnishment Case Summary about?
1) The plaintiff sought to garnish the bank deposit of defendant B&B Forest Development Corporation with China Banking Corporation to satisfy a default judgment. 2) In response to the notice of garnishment, the cashier of China Banking Corporation refused to disclose information about deposits, citing Republic Act 1405. 3) The trial court ordered the cashier to inform the court whether B&B Forest Development Corporation had a deposit and to hold any deposits intact until further court order.
- Author
- Johndel Cruz
- Language
- EN