About this document

Estafa Case: AUB vs. RMSI Directors by Kiddo Apolinares is a document available to read on EtoBox.

This document summarizes a Supreme Court of the Philippines decision involving a bank, Asia United Bank (AUB), that extended credit to Radio Marine Network (Smartnet) Inc. (RMSI) and its subsidiary Smartnet Philippines Inc. (SPI). AUB alleges RMSI directors committed fraud by misleading AUB to believe SPI was a division of RMSI, when in fact it was a separate entity, in order to avoid liability for unpaid debts to AUB. The court must determine if there is probable cause the directors committed syndicated es

Author

Kiddo Apolinares

Language

EN