Can I read RCBC vs. Gonzales: Check Liability Case on EtoBox?

RCBC vs. Gonzales: Check Liability Case by Kristanne Louise Yu is a document available to read on EtoBox.

What is RCBC vs. Gonzales: Check Liability Case about?

This case involves a foreign check that was endorsed by several parties and ultimately encashed by petitioner Melva Theresa Alviar Gonzales from respondent Rizal Commercial Banking Corporation (RCBC). When RCBC tried to collect on the check, it was dishonored due to an "irregular endorsement". The Court found that the irregular endorsement was caused by RCBC employee Olivia Gomez, who endorsed the check with a limiting phrase. As the party that introduced the defect, RCBC cannot hold prior endorsers like Go

Author

Kristanne Louise Yu

Language

EN