LYCEUM OF THE PHILIPPINES UNIVERSITY – Cavite Campus

College of Law

NEGOTIABLE INSTRUMENTS LAW

2nd Semester, AY 2018-2019
Atty. Uella Vida V. Mancenido-Gayo

Course Requirements and Class Rules:

1. No one is allowed to come to class in sleeveless shirts, skirts more than 2 inches above the knees,
shorts or slippers.

2. No gadgets are allowed in class. If any gadget goes off, the whole class gets a 60 recitation
grade for the day and the person who owns the gadget gets a double 60.

3. No one is allowed to go out of the classroom once the class has started unless there is a life and
death situation, subject to my assessment.

4. No books, codals, or any printed materials are allowed in class. You may write your notes on a
notebook or your palms or rely on the magnificence of the human brain or your own miserable
fate.

5. There will be no required textbook but the sequence as presented in the book of Atty. Timoteo
Aquino will be followed during class discussions. Make the necessary adjustments viz a vis your
choice of reference because the world does not revolve around you and I will not modify this
syllabus to accommodate.

6. Soft bound handwritten case digests should be submitted one (1) week before the scheduled
final exams. Each case must be digested in only one (1) sheet of yellow pad paper or long bond
paper. A separate summary of case doctrines must be placed at the beginning of the bound
digests. Do not ask me to illustrate. Ask those who have come before you and managed to pass
NIL.

7. Attendance will be checked regularly. I do not care whether you decide to miss class but you
have to (a) advise me through the Office or a classmate and (b) ensure that the number of
allowable hours are met. There will be no extra point for perfect attendance. If you are not
ready, do not attend my class. Go somewhere else where you might at least be of some use. You
will not be called for recitation when you are absent, subject to the provisions of the next
succeeding paragraph. You will, however, get a grade of zero in case there is a quiz on the said
day.

If 50% plus 1 of the class is absent, all those who are absent will get a 60 recitation grade for
the day and those who are absent may be called for recitation, in which case they get a 60 for
every time they are called to recite for that day.

8. Exams are essay type. No special exams will be given to those who will miss their midterm or
final exams unless they are dying or dead.

9. Grading system is as follows:

Midterm CS grade + Midterm Exam

_________________________________________________ = Midterm Grade
2

Final CS grade (40%) + Digests (10%) + Final Exam (50%)

____________________________________________________ = Final Period Grade
3

Midterm Grade + Final Period Grade

____________________________________________ = Final Grade
2

* Class Standing will consist of recitations and announced and unannounced quizzes

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 LYCEUM OF THE PHILIPPINES UNIVERSITY – Cavite Campus
College of Law

NEGOTIABLE INSTRUMENTS LAW

2nd Semester, AY 2018-2019
Atty. Uella Vida V. Mancenido-Gayo

CASE LIST
1. Applicability of the Negotiable Instruments Law
a. George A. Kauffman v. The Philippine National Bank G.R. No. 16454, 29 September
1921

2. Functions of Negotiable Instruments

a. Lozano v. Martinez, 146 SCRA 323
b. Section 60 of the New Central Bank Act

3. Features of Negotiable Instruments

a. Negotiability
i. Philippine Education Co. v. Soriano 39 SCRA 587
ii. Caltex Philippines v. CA 212 SCRA 448
iii. Metrobank v. CA 194 SCRA 168
iv. Sesbreno v. CA 222 SCRA 466
v. Firestone Tire & Rubber Co. v. CA 353 SCRA
vi. Metrobank v. Renato Cabilzo 510 SCRA 259, 6 December 2006

b. Accumulation of Secondary Contracts

i. State Investment House Inc. v. Court of Appeals, et al. G.R. No. 101163, 11
January 1993
4. Payable to Bearer
a. Ang Tek Lian v. CA 87 SCRA 383

5. Complete but Undelivered

a. Development Bank of Rizal v. Sima Wei 219 SCRA 383

6. Liability of Persons Signing as Agent

a. Philippine Bank of Commerce v. Aruego 102 SCRA 503
b. Francisco v. CA 319 SCRA 354 (1999)

7. Forgery
a. Jai-Alai v. BPI 66 SCRA 29
b. Republic Bank v. Ebrada 65 SCRA 29
c. MWSS v. CA 143 SCRA 680
d. BDO v. Equitable Banking Corporation 157 SCRA 189
e. Gempesaw v. CA 218 SCRA 682
f. Associated Bank v. CA 252 SCRA 620
g. Metrobank v. First National City Bank 118 v. 537
h. Republic Bank v. CA 196 SCRA 100
i. Philippine Commercial International Bank v. CA 350 SCRA 446
j. Ramon Ilusorio v. CA 393 SCRA 89
k. Samsung Construction Co., Phils., Inc. v. FEBTC and CA 436 SCRA 446
l. Citibank NA v. Sabeniano 504 SCRA 378 (16 October 2008)

8. Material Alteration
a. PNB v. CA 256 SCRA 491
b. Montinola v. PNB 86 Phil 178
c. International Corporate Bank v. CA and PNB 501 SCRA 20 (5 September 2006)

9. Accommodation Party
a. Sadaya v. Sevilla 19 SCRA 924
b. Crisologo-Jose v. CA 177 SCRA 594
c. Stelco Marketing v. CA 210 SCRA 51
d. Travel-On v. CA 210 SCRA 352
e. BPI v. CA 326 SCRA 641
f. Agro Conglomerates Inc. v. CA 348 SCRA 450
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 LYCEUM OF THE PHILIPPINES UNIVERSITY – Cavite Campus
College of Law

NEGOTIABLE INSTRUMENTS LAW

2nd Semester, AY 2018-2019
Atty. Uella Vida V. Mancenido-Gayo

10. Holders in Due Course

a. De Ocampo v. Gatchalian 3 SCRA 596
b. Mesina v. IAC 145 SCRA 497

11. Doctrine of Last Clear Chance

a. Westmont Bank v. Eugene Ong G.R. No. 132560, 30 January 2002

12. Liability of General Indorser

a. Metropol v. Sambok Motors Co. 120 SCRA 864
b. Maralit v. Imperial 301 SCRA 605 (1999)
c. Sapiera v. CA 314 SCRA 370 (1999)
d. BPI v. CA and Napiza 326 SCRA 641 (2000)
e. Gonzales v. RCBC 508 SCRA 459 (29 November 2006)

13. Presentment for Payment or Acceptance

a. Prudential Bank v. IAC 216 SCRA 257
b. Wong v. CA 351 SCRA 100
c. The International Corporate Bank v. Gueco Gueco 351 SCRA 516

14. Checks
a. State Investment House v. CA 217 SCRA 32
b. Bataan Cigar v. CA 230 SCRA 643
c. Citytrust Banking Corporation v. IAC 232 SCRA 559
d. Tan v. CA 239 SCRA 310
e. Papa v. A.U. Valencia and Co., Inc. 284 SCRA 653
f. Sincere Villanueva v. Marlyn Nite 496 SCRA 459 (25 July 2006)
g. BPI v. CIR 496 SCRA 601 (27 July 2006)
h. Equitable PCI Bank v. Rowena Ong 502 SCRA 119 (15 September 2006)
i. Macalalag v. People 511 SCRA 401 (20 December 2006)
j. BPI v. CA 512 SCRA 620 (25 January 2007)

15. Protest
a. Allied Banking Corporation v. CA 494 SCRA 467 (11 July 2006)

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