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Showing 25–28 of 28 articles for “mutuality”

Indefinite Lease Agreements Upholding Mutuality AND Preventing Unilateral Rent Hikes

When can a lessor raise rent on an indefinite lease? The Supreme Court explains mutuality and rent increase limits.

Credit Card Interest Rates and Escalation Clauses: What the Supreme Court Says

Philippine Supreme Court ruling on credit card interest escalation clauses, mutuality of contracts, and validity of variable rates.

When Banks Cannot Unilaterally Raise Interest Rates: The Florendo Rule

The Supreme Court ruled that banks cannot unilaterally raise loan interest rates without a valid Central Bank issuance, upholding mutuality of contracts.

Mutuality of Contracts: Why Banks Cannot Unilaterally Change Interest Rates

Philippine Supreme Court ruling explains why banks cannot unilaterally raise loan interest rates without borrower consent, citing mutuality of contracts.