G.R. No. 171379 - Marques vs. Far East Bank and Trust Company

Marques vs. Far East Bank and Trust Company

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Title Supreme Court: Marques vs. Far East Bank and Trust Company

Case: G.R. No. 171379

Decision Date: Jan 10, 2011

Maxilite and Marques sued FEBTC, FEBIBI, and MIC over unpaid insurance premiums after a fire destroyed their property. Court held FEBTC liable for negligence and estoppel, affirming reduced damages and interest rates. FEBIBI and MIC absolved due to separate juridical personalities.

insurance premium

negligence

estoppel

Standard 20 min

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