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What is Understanding Commodatum and Loans about?

1) The document discusses a case of qualified theft filed against two bank employees for taking 15k without consent from the bank they worked at. The RTC initially dismissed the case finding the bank was not the real party in interest as deposits belong to clients, not the bank. 2) On appeal, the court found that under the Civil Code, deposits in banks are governed by provisions on simple loans, meaning the bank acquires ownership of deposited money. Therefore, the bank was the proper party to file the ca

Author

wew

Language

EN