THE odd case of Unionbank vs. Philand Property Corp., in which the latter is trying to hold the bank responsible for allowing Philand’s former finance manager to fraudulently open a checking account in the company’s name, is something that could have and should have been resolved long ago. It was not, for reasons that do not become any clearer the longer they are analyzed, and so supplies a dubious kind of added value to our understanding of management perspectives in this country.