G.R. No. 202004 - Chua vs. China Banking Corp.

Chua vs. China Banking Corp.

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Title Supreme Court: Chua vs. China Banking Corp.

Case: G.R. No. 202004

Decision Date: Nov 4, 2020

Interbrand defaulted on L/C obligations; sureties, including Chua, refused payment. Writ of attachment issued, lifted, reinstated by CA; SC affirmed, citing fraud and suretyship liability.

sureties

failure to pay

demands

Standard 20 min

END