I.

PRELIMINARY CONSIDERATIONS
Phil. Educ. Co., Inc. vs. Soriano, 39 SCRA 587;
Tibajia, Jr. vs. CA, 223 SCRA 163;
Philippine Airlines vs. CA, 181 SCRA 557

II. FORM AND INTERPRETATION

OF NEGOTIABLE INSTRUMENTS
Metropolitan Bank & Trust Company vs. CA, 194 SCRA 169;
Caltex Phils. vs. CA, 212 SCRA 448
Ang Tek Lian vs. CA, 87 Phil. 383;
PNB vs. Rodriguez, G.R. No. 170325, September 26, 2008
Philippine National Bank vs. Manila Oil Refining, 43 Phil 445
Republic Planters Bank vs. CA, 216 SCRA 738;
Sps. Evangelista vs. Mercator Finance Corp., et al, August 21 2003;
Ilano vs. Hon. Espanol G.R. No. 161756 16 December 2005

III. NEGOTIATION
Sesbreno vs. CA, 222 SCRA 466;
Consolidated Plywood Inc. vs. IFC Leasing 149 SCRA 448
De la Victoria vs. Hon. Burgos. 245 SCRA 374;
Development Bank of Rizal vs. Sima Wei. 219 SCRA 736
Metropol (Bacolod) Financing vs. Sambok Motors, 120 SCRA 864;
Gempesaw vs. CA, 218 SCRA 622

IV. HOLDERS
De Ocampo vs. Gatchalian, 03 SCRA 596;
Yang vs. CA, G.R. No. 138074, August 15, 2003;
Mesina vs. IAC, 145 SCRA 497

V. LIABILITY OF PARTIES
Astro Electronics vs. Roxas, et al, September 23, 2003;
Garcia vs. Dionisio, December 8, 2003;
Crisologo-Jose vs. CA, Sept. 15, 1989;
Sadava vs. Sevilla, 19 SCRA 924;
Travel-On vs. CA. 210 SCRA 352;
Agro-Conglomerates Inc. vs. CA, 348 SCRA 350;
Gonzales vs. RCBC, 29 November 2006;
Ang vs. Associated Bank, 05 September 2007;
Far East vs. Gold Palace Jewelry, G.R. No. 168274, August 20, 2008;
Gonzales v. PCIB, et al., G.R. No. 180257, February 23, 2011

VI. DEFENSES
Philippine National Bank vs. CA, 256 SCRA 491;
Associated Bank vs. CA, January 31, 1996;
Jai-Alai vs. BPI, 66 SCRA 29;
Republic vs. Ebrada, July 31, 1975;
Gempesaw vs. CA, February 9, 1993;
Philippine Commercial International Bank vs. Court of Appeals, 350 SCRA 446;
MWSS vs. CA, 143 SCRA 20;
Ilusorio vs. CA, 393 SCRA 89;
Samsung Construction vs. Far East Bank, 15 August 2004;
Metrobank vs. Cabilzo, 06 December 2006;
Bank of America vs. Philippine Racing Club, G.R. No. 150228, July 20, 2009;
Westmont Bank, formerly Associated Bank now United Overseas Bank
Philippines v. Myrna Dela Rosa-Ramos, G.R. No. 160260, October 24, 2012;
Metrobank vs. BA Finance Corporation, G.R. No. 179952, 4 December 2009

VII. ENFORCEMENT OF LIABILITY

Far East Realty Investment, Inc. vs. CA, 166 SCRA 256;
Wong vs. CA, February 2, 2001;
International Corporate Bank vs. Sps. Gueco, February 12, 2001;
Far East Realty vs. CA, October 5, 1988;
State Investment House vs. CA, 217 SCRA 32;
Asia Banking Corporation vs. Javier, 44 Phil 777;
Nyco Sales Corporation vs. BA Finance Corporation, 200 SCRA 637;
Arceo Jr. vs. People of the Philippines, G.R. No. 142641, 17 July 2006;
Allied Banking vs. CA, GG Sportswear, 11 July 2006

VIII. CHECKS
Bataan Cigar vs. CA, 230 SCRA 648;
Stelco Marketing Corporation vs, CA, June 17, 1992;
State Investment House vs. CA, 175 SCRA 311;
Papa vs. A.U. Valencia, 284 SCRA 643;
Villanueva vs. Nite GR no 148211, 25 July 2006;
Equitable PCI vs. Ong, 15 September 2006;
Security Bank
& Trust Company vs. RCBC, G.R. Nos. 170984 &
170987, January 30, 2009

IX. LETTERS OF CREDIT

Bank of the Philippine Islands vs. De Reny Fabric Industries, Inc., G.R.
No. L-24821, 16 October 1970
Bank of America, NT vs. Court of Appeals, G.R. No. 105395,10
December 1993
Feati Bank & Trust Company vs. Court of Appeals, G.R. No. 94209, 30
April 1991
Transfield Philippines, Inc. vs. Luzon Hydro Corp., G.R. No. 146717,22
November 2004
MWSS vs. Hon. Daway, G.R. No. 160732, 21 June 2004

X. TRUST RECEIPTS
People vs. Nitafan, G.R. Nos. 81559-60, 06 April 1992
Rosario Textile Mills Corp., et al. vs. Home Bankers Savings & Trust
Co., G.R. No. 137232, 29 June 2005
Landl Company vs. Metrobank, G.R. No. 159622, 30 July 2004
Vintola vs. Insular Bank, G.R. No. 73271, 29 May 1987
Pilipinas vs. Ong, G.R. No. 133176, 8 August 2002
Land Bank of the Philippines v. Perez, G.R. No. 166884, June 13, 2012