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Metropolitan Bank & Trust Co. vs. Junnel's Marketing Corp.

METROPOLITAN BANK & TRUST CO., PETITIONER, VS. JUNNEL'S MARKETING CORPORATION, ET AL., RESPONDENTS.

G.R. No. 232044 | 2020-08-27

 
FIRST DIVISION
 

D E C I S I O N
 
REYES, J. JR., J.:
 
This resolves the consolidated Petitions for Review[1] under Rule 45 of the Revised Rules of Court, seeking the reversal of the Decision[2] dated September 20, 2016 and Resolution[3] dated May 31, 2017, issued by the Court of Appeals in CA G.R. CV No. 102964.
 
The Facts

JunnePs Marketing Corporation (JMC) is a depositor of Metropolitan Bank & Trust Co. (Metrobank) F.B. Harrison branch, under Current Account no. 00730-150091-9, against which it draws company checks. In 1998 to 1999, JMC wrote the following checks payable to the following payees, as...