G.R. No. 190432 - Asia Brewery, Inc. vs. Equitable PCI Bank

Asia Brewery, Inc. vs. Equitable PCI Bank

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Title Supreme Court: Asia Brewery, Inc. vs. Equitable PCI Bank

Case: G.R. No. 190432

Decision Date: Apr 25, 2017

Asia Brewery sued Equitable PCI Bank over stolen checks, alleging liability for forged endorsements. RTC dismissed for lack of cause of action; Supreme Court reversed, ruling dismissal premature and remanding for trial.

fraudulently deposited checks

withdrawn checks

cause of action

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