Facts: Eden Tan acquired a favorable judgment against spouses Tibajia in a collection suit. To satisfy the judgment debt, the spouses Tibajia delivered cash and cashier's check to the Deputy Sheriff. Eden Tan refused to accept the payment made by the spouses Tibajia. She insisted that the garnished funds be deposited with the cashier of the RTC to be withdrawn as satisfaction of the judgment debt. The spouses Tibajia filed a motion to lift the execution order on the ground that they had already paid the judgment debt. Their motion was denied by the RTC on the ground thjat the check is not a payment in legal tender. The CA affirmed the RTC's decision. Hence, this petition for review. Issue: Whether or not payment by means of a check is considered as payment in legal tender as required by the Civil Code and the Central Bank Act Held: No. A check, whether a manager's check or an ordinary check, is not a legal tender and an offer of a check in payment of a debt is...
Facts: Petitioners were corporate officers of Silahis International Hotel Inc. (SIHI) who were charged with violation of the SSS law in relation to the Revised Penal Code. The criminal case was raffled in RTC Br 51. Meanwhile, a petition for suspension of payments and rehabilitation was pending in RTC Br 24. SIHI's petition was granted and a suspension order was issued by RTC Br 24, staying all claims against SIHI. On the basis of RTC 24's order, petitioners now claim that the proceeding before RTC Br 51 should be suspended. RTC Br 51 denied the petitioners' motion and ruled that the stay order does not include the suspension of criminal proceedings. This decision was affirmed by the CA. Hence, this case. Issue: Whether or not the stay order stays criminal cases Held: No. Section 18 of FRIA explicitly provides that criminal actions against the individual officer of a corporation are not subject to the Stay or Suspension Order in rehabilitation proceedings....