Banks
Vital role and trust involved “[t]he banking system has become an indispensable institution in the modern world and plays a vital role in the economic life of every civilized society. Whether as
Vital role and trust involved “[t]he banking system has become an indispensable institution in the modern world and plays a vital role in the economic life of every civilized society. Whether as
It is high time to amend our Civil and Family Laws to conform to societal sentiment and breathe life to what Justice Louis D. Brandeis calls “The Living Law”. – Atty. Eduardo
Below are phrases I have compiled from different cases which may be used in answering law school exams. Intro “that thing is a microcosm / emblematic of a broader issue” “X’s pretension
Facts Transfield Phils. (TPI) and Luzon Hydro (LHC) entered into a Turnkey Contract* where TPI undertook to construct a hydro electric power station. The contract provided completion date and for extensions of
Facts Serrano made a time deposit with Overseas Bank of Manila (OBM) including one that was assigned to him by another person without knowing that the Central Bank (CB) already has limited
G.R. 142291https://lawphil.net/judjuris/juri2003/apr2003/gr_142591_2003.html Lesson: If the facts are bereft of any record of the existence of a contract of deposit, oral or written, there is no obligation for the depositary to return the
Topic: Necessary deposits Facts McLoughlin, an Australian businessman, stayed in Tropicana hotel from 1984 to 1987. He rented a safety deposit box which could be opened by the use of 2 keys:
a bailee is a person who receives a non-consumable thing for the purpose of using it for a certain period of time and with the obligation of returning it. If there are
Lessons: (1) The non-complying party is chiefly responsible to shoulder the expenses of returning the borrowed item; (2) A bailee must return all the things he loaned to the bailor, and not
Commodatum is when one party (bailor) delivers a non-consumable thing to another (bailee) so that the latter may use it for a specific time and return the same. (Article 1933 New Civil