G.R. No. 200678 - Banco Filipino Savings and Mortgage Bank vs. Bangko Sentral ng Pilipinas

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G.R. No. 200678: Banco Filipino Savings and Mortgage Bank vs. Bangko Sentral ng Pilipinas

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Title Supreme Court: Banco Filipino Savings and Mortgage Bank vs. Bangko Sentral ng Pilipinas

Case: G.R. No. 200678

Decision Date: Jun 4, 2018

Banco Filipino, under receivership, sued BSP for damages without PDIC's authorization. SC ruled it lacked capacity to sue independently and upheld CA's jurisdiction over quasi-judicial agencies, dismissing the case.

closed bank

receivership

dismissal of case

Very Long 52 min

3.1x of typical case length

END