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Showing 25–48 of 119 articles for “surety”

Solidary Liability in Suretyship: Partners' Obligations in Loan Agreements

Philippine Supreme Court ruling on solidary liability of partners and sureties in loan agreements, explained in plain language.

Perfecting Appeals: Strict Compliance With Bond Requirements in Labor Disputes

Learn why the Supreme Court requires strict compliance with appeal bond requirements in labor cases, and how failing to post a proper surety bond can make a judgment final and executory.

Surety Bonds and Indemnity: Why Renewal Disputes Don't Erase Contractual Liability

Philippine Supreme Court rules that a deed of indemnity authorizing bond renewals binds signatories even without separate consent to each renewal.

Surety Bond Liability and Due Process in Wrongful Attachment Cases

Learn when surety bonds can be enforced after wrongful attachment, and the due process rules that protect sureties in Philippine courts.

Revocation and Renewal: Understanding Surety Obligations in Philippine Banking

When a continuing surety expires or is revoked, a bank cannot hold the surety liable for loans made after that point.

Surety Bonds Solidary Liability Despite Contract Amendments In Construction Projects

Philippine Supreme Court ruling on surety bonds, solidary liability, and why contract amendments don't automatically release sureties.

Surety Agreements, Demand Requirements, and Interest on Delayed Payments: G.R. No. 280513 Explained

The Supreme Court clarifies when a demand for deficiency payment is valid, and why a statement of account must be substantiated.

Breach of Public Trust: Endorsing Irregular Bonds and Undue Advantage

Supreme Court affirms conviction of GSIS VP for endorsing irregular surety bond, giving undue advantage to private company.

Grave Misconduct in Public Office: Upholding Ethical Standards in Government Service

Supreme Court clarifies grave misconduct standards, reinstating Ombudsman's dismissal of GSIS executive for irregular surety bond issuance.

Execution Pending Appeal and Surety Liability: The Imminent Danger of Insolvency Standard

When can a judgment be executed before appeal is final? The Supreme Court clarifies the "good reasons" standard and a surety's exposure on an injunction bond.

Surety Bonds and Execution Pending Appeal: What Lawyers Should Know

A Supreme Court ruling clarifies when execution pending appeal may run against a surety and how far the bond covers damages.

Execution Pending Appeal and Surety Liability: Lessons from Centennial Guarantee v. Universal Motors

Explaining when Philippine courts allow execution pending appeal and how a surety's liability on an injunction bond is limited.

Surety Bond Liability Survives Minor Contract Changes, High Court Rules

Supreme Court clarifies when contract modifications release a surety from liability—and when they do not.

Continuing Suretyship in the Philippines: Liability for Future Debts Explained

Learn how the Supreme Court upheld a surety's liability for future debts under a Continuing Suretyship, and when courts may reduce attorney's fees.

Labor Appeals and the Appeal Bond: Strict Rules on Timely Perfection in Philippine Law

A surety bond issued but not received on time means no perfected appeal—what employers must know about the 10-day rule.

Surety Bonds Survive Debt Extension: Key Supreme Court Ruling on Article 2079

Extension of a principal's debt without a surety's consent does not automatically extinguish surety bonds, per the Supreme Court.

Hearsay on Trial: Proving Misconduct in Philippine Administrative Law

A look at Far Eastern Surety v. People, on bail bond liability, forgery claims, and the proper mode of appeal under Rule 45.

Procedural Pitfalls: Why Choosing the Right Appeal Matters in Surety Bond Disputes

GSIS v. Prudential Guarantee shows how procedural missteps in appeals and execution pending appeal can shape the outcome of surety bond disputes.

Surety Bond Accreditation: NLRC’s Duty to Dismiss Appeals with Invalid Bonds

When a surety bond is invalid due to expired accreditation, the NLRC must dismiss the appeal. Learn the rule from a 2013 Supreme Court ruling.

When an Agent Exceeds Authority: Surety Bonds and the Limits of Apparent Authority

The Supreme Court clarifies when a principal is liable for an agent's unauthorized surety bond, and when third persons must verify authority.

Surety's Liability Under Performance Bonds: Philippine Charter Insurance v. Petroleum Distributors

When a performance bond covers a building contract, a surety's liability includes liquidated damages. This case explains the rules.

Surety Agreements in the Philippines: Understanding Liability Limits and Payment Obligations

Philippine Supreme Court clarifies surety liability caps, payment evidence, and when obligations are extinguished under Article 2054.

Neglect of Duty in the Judiciary: Upholding Diligence in Writ Execution

A branch clerk of court fined for delayed issuance of writs of execution on forfeited surety bonds, underscoring court personnel's duty of diligence.

Surety Bonds Solidary Liability Despite Contract Rescission

Philippine Supreme Court ruling on surety bonds: rescission of the principal contract does not automatically release the surety from liability.