Proton vs. Banque

CASE DIGEST: PROTON PILIPINAS CORPORATION ET AL. V. BANQUE NATIONALE DE PARIS Published by symba ! Se"#embe$ %& '()* + Lea,e a $es"!se PROTON PILIPINAS CORPORATION e# al. ,. BANQUE NATIONALE DE PARIS -%( SCRA '%( '((/0& T1IRD DIVISION Pe#i#i!e$ P$#! Pili"i!as C$"$a#i! P$#!0 a,ailed 2$edi# 3a2ili#ies 3 $es"!de!# Ba!4ue  Na#i!ale De Pa$is BNP0. I! $de$ # assu$e "ayme!#& 25"e#i#i!e$s Au#m#i,e C$"$a#i!& Asea O!e C$"$a#i! a!d Au#2$" G$u" e6e2u#ed a 2$"$a#e 7ua$a!#ee. P$#! 3ailed # 2m"ly 8i#h his bli7a#i! # BNP. The$ea3#e$& BNP dema!ded #he "ayme!# 3  P$#!9s bli7a#i! # i#s 25"e#i#i!e$s "u$sua!# # 2$"$a#e 7ua$a!#ee. Bu# #he same $emai!ed u!heeded. BNP #he! 3iled a 2m"lai!# 8i#h #he Re7i!al T$ial Cu$# RTC0 a7ai!s# P$#! e# al. The 2le$ 3 2u$# assessed #he d2e# 3ee. P$#! e# al. 3iled a ;#i! # Dismiss ! #he 7$u!d #ha# #he 2u$# 2a!!# e6e$2ise