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Venue Stipulations in Surety Agreements by Watz Rebanal is a document available to read on EtoBox.

What is Venue Stipulations in Surety Agreements about?

This document is a Supreme Court of the Philippines decision regarding a case involving a promissory note and surety agreement between Philippine Bank of Communications and respondents Elena Lim, Ramon Calderon, and Tri-Oro International Trading & Manufacturing Corporation. The Court ruled that (1) a restrictive venue stipulation in a promissory note also applies to a surety agreement supporting the note, as the two contracts are intertwined; and (2) while there were two causes of action in the case, one ba

Author

Watz Rebanal

Language

EN