BANCO DE ORO UNIBANK, INC.formerly known asBANCO DE ORO-EPCI, INC.(the successor to EQUITABLE PCI BANK, INC.) v THE PERSONAL REPRESENTATIVES OF THE ESTATE OF LAM SAI WING, DECEASED

Read the full judgment text of HCA 002272/2008 on BabelCite. This High Court CFI judgment was delivered on 21 August 2009.

1. This is an appeal from the learned Master giving judgment for the plaintiff bank against the 2nd defendant, being the wife of the deceased 1 st defendant, Mr Lam. The liability of the 2 nd defendant as alleged by the bank arose from an overdraft occurring in the joint account which imposed a joint and several liability on both Mr and Mrs Lam. The account was opened in October 2004. Thereafter, the account was reviewed annually in or around September/October/November the next year. The facilit