FACTS: On September 18, 1998, the M/V Princess of the Orient, a passenger vessel owned and operated by the petitioner, sank near Fortune Island in Batangas. Of the 388 recorded passengers, 150 were lost. Napoleon Sesante, then a member of the PNP and a lawyer, was one of the passengers who survived the sinking. He… Read More SULPICIO LINES, INC., v. SESANTE G.R. No. 172682 July 27, 2016 Liabilities of Common Carriers, the Act of God Doctrine

FACTS: Wyeth Philippines and respondent Reputable Forwarder Services, Inc. (Reputable) had been executing a contract of carriage, whereby the latter undertook to transport and deliver the former’s products to its customers, dealers or salesmen. Wyeth procured a Marine Policy from respondent Philippines First Insurance Co., Inc. Philippines First insured Wyeth’s nutritional, pharmaceutical and other products… Read More MALAYAN INSURANCE v. PHILIPPINES FIRST INSURANCE CO., INC. G.R. NO. 184300 July 11, 2012 Common Carrier v. Private Carrier

FACTS:The spouses Jesus and Elizabeth S. Fernando (Fernandos) are frequent flyers of Northwest Airlines, Inc. and are holders of Elite Platinum World Perks Card, the highest category given to frequent flyers of the carrier. On December 20, 2001, Jesus arrived at the LA Airport via Northwest Airlines Flight No. NW02 to join his family who… Read More SPS. FERNANDO v. NORTHWEST AIRLINES GR No. 212038, Feb 08, 2017 Common Carriers, Contract of Carriage

FACTS: A foreigner purchased from the respondent Gold Palace several pieces of jewelry, and in payment thereof, he offered Foreign Draft No. M-069670 issued by the United Overseas Bank (Malaysia), addressed to the Land Bank of the Philippines (LBP), and payable to the respondent company for P380,000.00. Yang the assistant general manager of Gold Palace,… Read More FEBTC FAR EAST BANK & TRUST COMPANY v. GOLD PALACE JEWELLERY CO.,G.R. NO. 168274 August 20, 2008 Negotiable Instruments Law, Alteration

FACTS: Dr. Javier Villaruel executed a promissory note in favor of Ng Sambok Sons Motors Co., Ltd., payable in installments. It is further provided that in case on non-payment of any of the installments, the total principal sum then remaining unpaid shall become due and payable with additional interest. Sambok Motors Company, a sister company… Read More METROPOL vs. SAMBOK G.R. No. L-39641 February 28, 1983 Negotiable Instruments Law, Qualified v. General Indorser, Meaning of “Sans Recourse”

FACTS: HSBC’s investor-clients maintain Philippine peso and/or foreign currency accounts, which are managed by HSBC through instructions given through electronic messages. The said instructions are standard forms known in the banking industry as SWIFT, or “Society for Worldwide Interbank Financial Telecommunication.” In purchasing shares of stock and other investment in securities, the investor-clients would send… Read More HSBC v. CIR G.R. No. 166018 June 4, 2014 Negotiable Instruments, Bill of Exchange, Electronic Messages

FACTS: A check in the amount of P97,650.00 was issued by the Ministry of Education and Culture payable to F. Abante Marketing, drawn against petitioner PNB. F. Abante Marketing, deposited the check in its savings account with Capitol Bank. In turn, Capitol deposited the same in its account with PBCom which, in turn, sent the… Read More PNB v. CA G.R. No. 107508 April 25, 1996 Negotiable Instruments Law, Alteration; Examples of Material and Immaterial Alterations