G.R. No. 205839 - Land Bank of the Philippines vs. Kho

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G.R. No. 205839: Land Bank of the Philippines vs. Kho

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Title Supreme Court: Land Bank of the Philippines vs. Kho

Case: G.R. No. 205839

Decision Date: Jul 7, 2016

A manager's check fraud case where Land Bank's failure to detect a counterfeit check led to a P25M loss, despite the account holder's partial negligence. The bank was held liable for breaching its duty of diligence.

negligence

payment

interest

Standard 14 min

0.8x of typical case length

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