Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Strict Deadlines Matter Navigating SEC Appeals AND Corporate Liability FOR Unlicensed Brokers IN THE Philippin
When is a bank liable for breach of contract in a credit line dispute? The Supreme Court clarifies the rules on conditional loan approvals and the duty of banks to exercise prudence in dealing with re
Conjugal Partnership and Surety Agreements: When a Spouse's Guaranty Does Not Bind the Family
When a husband signs a surety agreement for a third party, the conjugal partnership is not automatically liable. Here's why.
Extinguishment of Debt by Overpayment and Nullification of Extrajudicial Foreclosure
When overpayment extinguishes a mortgage debt, a foreclosure based on alleged default has no legal basis and may be voided.
Deficiency Judgments in Philippine Foreclosure: Can Banks Recover More After Auction?
Philippine Supreme Court clarifies when banks can collect deficiency after extrajudicial foreclosure of real estate mortgages.
Surety Bonds Enforcing Liability Despite Procedural Technicalities
Philippine Supreme Court ruling on when courts may suspend civil cases for prejudicial questions, and how surety obligations remain enforceable.
Corporate Identity and Loan Obligations: Name Change Does Not Excuse Debt Payment
Philippine Supreme Court ruling on whether a corporate name change or bank identity affects loan obligations and surety liability.
Letters of Credit and Attorney-in-Fact Duties: Land Bank's Dual Role Explained
Supreme Court clarifies a bank's limited role under letters of credit versus its fiduciary duties as attorney-in-fact in export collections.
Good Faith Payments and Prior Satisfaction as Grounds for Acquittal in BP 22 Cases
Supreme Court acquits corporate officer in BP 22 case where the dishonored check was fully paid two years before charges were filed.
Forged Documents and Ethical Boundaries: Attorney Accountability in Court Submissions
Supreme Court ruling on bank liability, damages, and the ethical duty of lawyers to verify documents before court submission.
Contractual Obligations Prevail: Bank's Right to Offset Debts Despite Trustee-Beneficiary Claims
Supreme Court ruling on when a bank may validly apply a borrower's funds to settle debts, even amid trustee-beneficiary claims.
Special Appearance and Summons: When It Does Not Mean Consent to Jurisdiction
Philippine Supreme Court clarifies that special appearances to question summons do not waive jurisdictional objections, and substituted service has strict rules.
Bank Liability for Premature Foreclosure and Dishonored Deposits
When can a bank be liable for damages? The Supreme Court rules on premature foreclosure, dishonored checks, and bad faith.
Acquittal Based on Reasonable Doubt Extends to Co-Accused Despite Withdrawn Appeal
Philippine Supreme Court ruling on how an acquittal based on reasonable doubt affects co-accused and withdrawn appeals in criminal cases.
Loan Restructuring and Surety Release: Key Protections for Guarantors in Philippine Law
Philippine Supreme Court ruling on when loan restructuring releases a surety from liability, and what guarantors must know about their rights.
Privity of Contract in the Philippines: Why Third Parties Are Not Bound by Your Agreement
Learn how privity of contract protects banks and third parties from obligations they never agreed to, explained through the Villalon case.
Mortgage Contracts and Future Advances: Understanding the Scope of Security in Philippine Law
When does a real estate mortgage cover future loans beyond the stated amount? The Supreme Court explains in Quintanilla v. RCBC.