HSBC v. CATALAN G.R. NO. 159590 October 18, 2004 G.R. NO. 159591 October 18, 2004 Abuse of Rights, Suability of the Drawee for Tortious Acts
FACTS: Catalan filed before the RTC, a complaint for sum of money with damages against petitioner praying that HSBANK and HSBC TRUSTEE be ordered to pay P20,864,000.00 representing the value of the five checks issued by Thomson to respondent. The checks when deposited were returned by HSBANK purportedly for reason of “payment stopped” pending confirmation,… Read More HSBC v. CATALAN G.R. NO. 159590 October 18, 2004 G.R. NO. 159591 October 18, 2004 Abuse of Rights, Suability of the Drawee for Tortious Acts