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Carbonell vs. Metrobank Ruling Summary by Francis Coronel Jr. is a document available to read on EtoBox.
The petitioners filed a case against Metropolitan Bank and Trust Company alleging emotional distress from using counterfeit $100 bills the bank provided. The bank claimed it could not guarantee the authenticity of foreign bills and had exercised due diligence. Both the trial court and appellate court dismissed the case, finding no liability for the bank. The Supreme Court affirmed, noting that while banks must handle accounts with care, determining negligence requires examining the specific circumstances. H
- Author
- Francis Coronel Jr.
- Language
- EN