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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Novation and Trust Receipts: When a Debt Restructuring Agreement Extinguishes Criminal Liability
Learn when a debt restructuring agreement novates trust receipt obligations and extinguishes criminal liability under Philippine law.
Personal Liability in Corporate Obligations When Signing Blurs the Line
When do corporate officers become personally liable for company debts? A Supreme Court ruling on trust receipts and letters of credit provides clear guidance.
Upholding Contractual Obligations: The Imperative of Timely Performance in Compromise Agreements
A Supreme Court ruling on continuing suretyship, assignment of credit, and trust receipts—clarifying that debtors cannot escape liability through technical defenses.
Continuing Suretyship for Future Debts and Assignment Without Debtor's Consent
Philippine Supreme Court ruling on continuing suretyship agreements, validity of assignments without debtor consent, and trust receipt remedies.
Upholding Contractual Agreements: Trust Receipts and Surety Agreements in Loan Obligations
The Supreme Court reaffirms that contracts are the law between parties, enforcing stipulated interest, penalties, and service charges in trust receipt loan transactions.
Floating Interest Rates and Trust Receipts: Solidbank Ruling on Bank Obligations and Corporate Liability
Philippine Supreme Court ruling on invalid floating interest rates, trust receipt transactions, and corporate officer liability in banking.
Decoding Marginal Deposits: How Contract Clarity Prevents Banking Disputes in the Philippines
Learn from Security Bank v. Transworld how ambiguous trust receipt terms on marginal deposits led to a decade-long dispute.
Unmasking Trust Receipts When a Loan Is Not What It Seems in Philippine Law
When is a trust receipt really just a loan? The Supreme Court clarifies in Colinares v. Court of Appeals.
Trust Receipts and Estafa in the Philippines: Understanding Liability and Compliance
Learn how the Supreme Court clarified trust receipt violations, estafa liability, and probable cause in Metrobank v. Tonda.
Prioritizing Assignment Rights: The Battle Over Promissory Notes in Trust Receipt Agreements
Supreme Court rules on competing claims over promissory notes under trust receipts and deeds of assignment, emphasizing proof and priority.
Trust Receipts and Estafa: Why a Civil Case Does Not Stop Criminal Prosecution
A pending civil action to nullify trust receipts is not a prejudicial question that bars criminal prosecution for estafa under Philippine law.
When a Civil Case Does Not Suspend Criminal Estafa Proceedings
The Supreme Court clarifies when a civil action for nullity of trust receipts is not a prejudicial question that suspends criminal estafa cases.
When a Civil Case Does Not Stop a Criminal Estafa Charge: Trust Receipts Explained
A civil suit to nullify trust receipts does not automatically suspend criminal estafa proceedings. The Supreme Court explains when a prejudicial question exists.