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HILARIO P. SORIANO v. PEOPLE

This case has been cited 2 times or more.

2014-08-06
DEL CASTILLO, J.
In Soriano v. People,[52] it was held that the President of a bank is a fiduciary with respect to the bank's funds, and he holds the same in trust or for administration for the bank's benefit.  From this, it may be inferred that when such bank president makes it appear through falsification that an individual or entity applied for a loan when in fact such individual or entity did not, and the bank president obtains the loan proceeds and converts the same, estafa is committed.
2012-03-14
SERENO, J.
A clear legal right means one clearly founded in or granted by law or is enforceable as a matter of law.[20] In the absence of a clear legal right, the issuance of the writ constitutes grave abuse of discretion.[21] The possibility of irreparable damage without proof of an actual existing right is not a ground for injunction.[22]