Promissory Note Forgery Defense Overrides Alleged Admission

A plaintiff sued a defendant for payment of a promissory note, but the defendant counterclaimed that the signature on the note was a forgery, which was confirmed by an expert report. The lower court nevertheless ordered payment based on the defendant's supposed admission, despite the expert findings and the defendant's clear denial during the proceedings. The highest court quashed the lower court's decision, reasoning that a clear and formal denial of the authenticity of a signature, especially when supported by an expert report establishing a forgery, prevents the signature from being considered admitted, thus invalidating the obligation based on that document.