REYES, J.:
This is a petition for review on certiorari under Rule 45 of the Rules of Court filed by Edgardo Medalla (petitioner) assailing the Decision1 dated May 17, 2010 and Resolution2 dated August 13, 2010 issued by the Court of Appeals (CA) in CA-G.R. SP No. 101818.
Sometime in April 1998, the petitioner issued to Resurreccion Laxa (respondent) a Far East Bank Check dated May 5, 1998 in the amount of P742,000.00 as payment of the loan which he obtained from the latter. However, when the said check was deposited by the respondent on May 5, 1998, the same was dishonored as the account from which it was...
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