G.R. No. 170912 - Dino vs. Judal-Loot

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Title Supreme Court: Dino vs. Judal-Loot

Case: G.R. No. 170912

Decision Date: Apr 19, 2010

Petitioner issued a P1M check under fraud; respondents, claiming to be holders in due course, failed to verify the crossed check's validity. SC ruled petitioner not liable due to fraud, but respondents could recover from the indorser.

crossed check

holders in due course

face value

Standard 14 min

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