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.
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Retroactivity of Laws and Vested Rights in Bank Liquidation: PDIC v. Stockholders of Intercity Bank
When can a new law apply to an ongoing bank liquidation? The Supreme Court explains the rule on retroactivity and vested rights.
Derivative Suits vs Corporate Liquidation: Protecting Corporate Assets and Stockholder Rights
Philippine Supreme Court clarifies the distinction between derivative suits and corporate liquidation proceedings in stockholder disputes.
Foreclosure Amidst Corporate Liquidation Secured Creditor Rights Prevail
Philippine Supreme Court ruling on secured creditor foreclosure rights during corporate liquidation proceedings under RA 8799 and the Corporation Code.
Corporate Liquidation Claims: When an Investor Becomes an Ordinary Creditor
An investor whose shares were sold without consent by a corporate liquidator becomes an ordinary creditor, not preferred, in SEC liquidation proceedings.
Continuing SEC Jurisdiction Resolving Corporate Liquidation Disputes
Supreme Court clarifies SEC retains jurisdiction over pending corporate suspension and liquidation cases filed before June 30, 2000.
Tax Clearance Not Required for BSP-Ordered Bank Liquidation in the Philippines
Supreme Court ruling: banks closed by the BSP and liquidated by PDIC need not secure a BIR tax clearance before asset distribution.
Cashier's Checks and Bank Insolvency: When a Holder's Claim Is Not a Preference
A depositor's unpaid cashier's checks from a failed bank are disputed claims in liquidation, not automatic preferences. The Supreme Court explains why.
Election Bans and Government Employee Reassignments: What Davalos Teaches Us
A look at how the Supreme Court treats cash advances, liquidation duties, and accountability of public officers.
Default Judgment and Bank Liquidation: Interest and Penalty Liabilities Explained
A defaulting party cannot raise new defenses on appeal. Learn the limits of relief from default judgments in bank liquidation cases.
Corporate Dissolution and Judgment Enforcement: Rights Survive Liquidation
A final judgment can still be enforced after a corporation dissolves — the Supreme Court explains why in this ruling.
Corporate Dissension and the Limits of Rescission: How Investment Disputes Can Trigger Liquidation
Explore how corporate dissension can lead to liquidation, the limits of rescission in investment disputes, and key legal principles from a Philippine Supreme Court ruling.
Foreclosure and the Right to Possession: Protecting Bank Assets in Liquidation
A bank in liquidation can still seek a writ of possession over foreclosed property. Learn the rules on jurisdiction, intervention, and redemption.
Piercing the Corporate Veil: When Foreclosure by Government Banks Is Not Fraud
The Supreme Court explains when foreclosure by government banks does not justify piercing the corporate veil, and why creditors cannot claim preferences outside liquidation.
Corporate Liquidation vs Labor Claims: How the Supreme Court Resolved the Conflict
When a company under rehabilitation is ordered liquidated, labor claims must be filed with the liquidator, not executed separately. Learn the rule.
When Cases Become Pointless: Mootness and a Lawyer's Duty to the Court in Philippine Law
Explore the Supreme Court's ruling on procedural rules and the burden of proof in the Pacific Banking Corporation liquidation case.