TABLE OF CONTENTS

I. CASE DOCTRINES
A. NEGOTIABILITY .................................................................................................
Philippine Education Co. v. Soriano 39 SCRA 587 .....................................................................
Caltex Phil. v. Court of Appeals 212 SCRA 448 ...........................................................................
Metrobank v. Court of Appeals 194 SCRA 168 ............................................................................
Sesbreno v. Court of Appeals 222 SCRA 466 ..............................................................................
Firestone Tires and Rubber Co. v. Court of Appeals 353 SCRA 601 ...........................................
B. PAYABLE TO BEARER ........................................................................................
Ang Tek Lian v. Court of Appeals 87 SCRA 383 ..........................................................................
C. COMPLETE BUT UNDELIVERED ........................................................................
Development Bank of Rizal v. Sima Wei 219 SCRA 383 .............................................................
D. LIABILITY OF PERSONS SIGNING AS AGENT ....................................................
Philippine Bank of Commerce v. Aruego 102 SCRA 530.............................................................
Francisco v. Court of Appeals 319 SCRA 354 (1999) ..................................................................
E. FORGERY ...........................................................................................................
Jai Alai v. Bank of the Philippine Islands 66 SCRA 29 ................................................................
Republic Bank v. Ebrada 66 SCRA 680.......................................................................................
MWSS v. Court of Appeals 143 SCRA 20.....................................................................................
Banco De Oro v. Equitable Banking Corporation 157 SCRA 189.................................................
Gempesaw v. Court of Appeals 218 SCRA 682 ............................................................................
Associated Bank v. Court of Appeals 252 SCRA 620 ...................................................................
Metrobank v. First National City Bank 118 SCRA 537.................................................................
Republic Bank v. Court of Appeals 196 SCRA 100 ......................................................................
Philippine Commercial International Bank v. Court of Appeals 350 SCRA 446 ........................
Ramon Ilusorio v. CA 393 SCRA 89 ............................................................................................
Samsung Construction Co. Phils., Inc. v. FEBTC and CA G.R. No. 129015.................................
F. MATERIAL ALTERATION ...................................................................................
Philippine National Bank v. Court of Appeals 256 SCRA 491 .....................................................
Montinola v. Philippine National Bank 88 Phil. 178 ...................................................................
G. ACCOMMODATION PARTY .................................................................................
Sadaya v. Sevilla 19 SCRA 924.....................................................................................................

Crisologo-Jose v. Court of Appeals 177 SCRA 594 ......................................................................

Stelco Marketing v. Court of Appeals 210 SCRA 51 .....................................................................
Travel-On v. Court of Appeals 210 SCRA 352 .............................................................................
BPI v. Court of Appeals 326 SCRA 641 ........................................................................................
Agro Conglomerates Inc. v. Court of Appeals 348 SCRA 450 .....................................................
H. HOLDERS IN DUE COURSE ................................................................................
De Ocampo v. Gatchalian 3 SCRA 596 ........................................................................................
Mesina v. IAC 145 SCRA 497 .......................................................................................................
I. LIABILITY OF THE GENERAL INDORSER ..........................................................
Metropol v. Sambok 120 SCRA 864 ............................................................................................
Maralit v. Imperial 301 SCRA 605 (1999) ...................................................................................
Sapiera v. Court of Appeals 314 SCRA 370 (1999) .....................................................................
BPI v. Court of Appeals and Napiza 326 SCRA 641 .....................................................................
J. PRESENTMENT FOR PAYMENT/ACCEPTANCE ..................................................
Prudential Bank v. IAC 216 SCRA 257.........................................................................................
Wong v. Court of Appeals 351 SCRA 100 ....................................................................................
The International Corporate Bank v. Sps. Gueco 351 SCRA 516 .................................................
K. CHECKS .............................................................................................................
State Investment House v. Court of Appeals 217 SCRA 32 .........................................................
Bataan Cigar v. Court of Appeals 230 SCRA 643 ........................................................................
Citytrust Banking Corporation v. IAC 232 SCRA 559 .................................................................
Tan v. Court of Appeals 239 SCRA 310 .......................................................................................
Papa v. A.U. Valencia and Co., Inc. 284 SCRA 643 .....................................................................
L. ADDITIONAL CASES ...........................................................................................
Allied Banking Corporation v. Court of Appeals G.R. No. 125851, July 11, 2006 .......................
Sincere Villanueva v. Marlyn Nite G.R. No. 148211, July 25, 2006.............................................
Bank of the Philippine Islands v. Commissioner of Internal Revenue G.R. No. 137002, July
27, 2006 .......................................................................................................................................
Citibank NA v. Sabeniano 504 SCRA 378....................................................................................
Equitable PCI Bank v. Rowena Ong G.R. No. 156207 September 15, 2006 ...............................
International Corporate Bank v. Court of Appeals and PNB G.R. No. 129910, September 5,
2006 ............................................................................................................................................

Melva Theresa Gonzales v. Rizal Commercial Banking Corporation G.R. No. 156294,
November 29, 2006 .....................................................................................................................
Metropolitan Bank and Trust Co. v. Renato Cabilzo G.R. No 154469, December 6, 2006 .........
Theresa Macalalag v. People of the Philippines G.R. No. 164358, December 20, 2006 ............
Bank of the Philippine Islands v. Court of Appeals G.R. No. 136202, January 25, 2007............

II. CASE DIGESTS

A. NEGOTIABILITY .................................................................................................
Philippine Education Co. v. Soriano 39 SCRA 587 .....................................................................
Caltex Phil. v. Court of Appeals 212 SCRA 448 ...........................................................................
Metrobank v. Court of Appeals 194 SCRA 168 ............................................................................
Sesbreno v. Court of Appeals 222 SCRA 466 ..............................................................................
Firestone Tires and Rubber Co. v. Court of Appeals 353 SCRA 601 ...........................................
B. PAYABLE TO BEARER ........................................................................................
Ang Tek Lian v. Court of Appeals 87 SCRA 383 ..........................................................................
C. COMPLETE BUT UNDELIVERED ........................................................................
Development Bank of Rizal v. Sima Wei 219 SCRA 383 .............................................................
D. LIABILITY OF PERSONS SIGNING AS AGENT ....................................................
Philippine Bank of Commerce v. Aruego 102 SCRA 530.............................................................
Francisco v. Court of Appeals 319 SCRA 354 (1999) ..................................................................
E. FORGERY ...........................................................................................................
Jai Alai v. Bank of the Philippine Islands 66 SCRA 29 ................................................................
Republic Bank v. Ebrada 66 SCRA 680.......................................................................................
MWSS v. Court of Appeals 143 SCRA 20.....................................................................................
Banco De Oro v. Equitable Banking Corporation 157 SCRA 189.................................................
Gempesaw v. Court of Appeals 218 SCRA 682 ............................................................................
Associated Bank v. Court of Appeals 252 SCRA 620 ...................................................................
Metrobank v. First National City Bank 118 SCRA 537.................................................................
Republic Bank v. Court of Appeals 196 SCRA 100 ......................................................................
Philippine Commercial International Bank v. Court of Appeals 350 SCRA 446 ........................
Ramon Ilusorio v. CA 393 SCRA 89 ............................................................................................
Samsung Construction Co. Phils., Inc. v. FEBTC and CA G.R. No. 129015.................................
F. MATERIAL ALTERATION ...................................................................................

Philippine National Bank v. Court of Appeals 256 SCRA 491 .....................................................

Montinola v. Philippine National Bank 88 Phil. 178 ...................................................................
G. ACCOMMODATION PARTY .................................................................................
Sadaya v. Sevilla 19 SCRA 924.....................................................................................................
Crisologo-Jose v. Court of Appeals 177 SCRA 594 ......................................................................
Stelco Marketing v. Court of Appeals 210 SCRA 51 .....................................................................
Travel-On v. Court of Appeals 210 SCRA 352 .............................................................................
BPI v. Court of Appeals 326 SCRA 641 ........................................................................................
Agro Conglomerates Inc. v. Court of Appeals 348 SCRA 450 .....................................................
H. HOLDERS IN DUE COURSE ................................................................................
De Ocampo v. Gatchalian 3 SCRA 596 ........................................................................................
Mesina v. IAC 145 SCRA 497 .......................................................................................................
I. LIABILITY OF THE GENERAL INDORSER ..........................................................
Metropol v. Sambok 120 SCRA 864 ............................................................................................
Maralit v. Imperial 301 SCRA 605 (1999) ...................................................................................
Sapiera v. Court of Appeals 314 SCRA 370 (1999) .....................................................................
BPI v. Court of Appeals and Napiza 326 SCRA 641 .....................................................................
J. PRESENTMENT FOR PAYMENT/ACCEPTANCE ..................................................
Prudential Bank v. IAC 216 SCRA 257.........................................................................................
Wong v. Court of Appeals 351 SCRA 100 ....................................................................................
The International Corporate Bank v. Sps. Gueco 351 SCRA 516 .................................................
K. CHECKS .............................................................................................................
State Investment House v. Court of Appeals 217 SCRA 32 .........................................................
Bataan Cigar v. Court of Appeals 230 SCRA 643 ........................................................................
Citytrust Banking Corporation v. IAC 232 SCRA 559 .................................................................
Tan v. Court of Appeals 239 SCRA 310 .......................................................................................
Papa v. A.U. Valencia and Co., Inc. 284 SCRA 643 .....................................................................
L. ADDITIONAL CASES ...........................................................................................
Allied Banking Corporation v. Court of Appeals G.R. No. 125851, July 11, 2006 .......................
Sincere Villanueva v. Marlyn Nite G.R. No. 148211, July 25, 2006.............................................
Bank of the Philippine Islands v. Commissioner of Internal Revenue G.R. No. 137002, July
27, 2006 .......................................................................................................................................
Citibank NA v. Sabeniano 504 SCRA 378....................................................................................

Equitable PCI Bank v. Rowena Ong G.R. No. 156207 September 15, 2006 ...............................
International Corporate Bank v. Court of Appeals and PNB G.R. No. 129910, September 5,
2006 ............................................................................................................................................
Melva Theresa Gonzales v. Rizal Commercial Banking Corporation G.R. No. 156294,
November 29, 2006 .....................................................................................................................
Metropolitan Bank and Trust Co. v. Renato Cabilzo G.R. No 154469, December 6, 2006 .........
Theresa Macalalag v. People of the Philippines G.R. No. 164358, December 20, 2006 ............
Bank of the Philippine Islands v. Court of Appeals G.R. No. 136202, January 25, 2007............