Legal Insights

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.

Navigating Bank Liability Diligence Standards IN Foreign Exchange Transactions

Bank Liability in Foreign Exchange Transactions: The Reyes v. Far East Bank Standard

When are banks liable for dishonored foreign exchange drafts? The Supreme Court clarifies the diligence standard in Reyes v. Far East Bank.

Bank Negligence and Damages: When a Dishonored Check Does Not Mean Compensation

The Supreme Court ruled that a bank's error in assigning a wrong account number caused a check dishonor, yet the depositor still recovered nothing. Here is why.

Litis Pendentia and Forum Shopping: When Two Cases Arise From the Same Facts

The Supreme Court explains when litis pendentia and forum shopping apply, using a bank deposit dispute as an example.

Registered Vehicle Owner’s Liability for Accidents: Aguilar v. Commercial Savings Bank

Philippine law holds the registered vehicle owner primarily liable for accidents, even if another person was driving. Learn the rule and its practical impact.

Bank Foreclosure Redemption: When the One-Year Period Runs and What Law Applies

Philippine Supreme Court clarifies the one-year redemption period for bank foreclosures and the correct redemption price under the General Banking Act.

Exhaustion of Administrative Remedies: Agency Prerogative and Orderly Legal Process

Explore how the Supreme Court upheld SEC disclosure rules for listed banks, clarifying the doctrine of exhaustion of administrative remedies.

Exhaustion of Administrative Remedies and SEC Jurisdiction Over Listed Banks

Supreme Court clarifies that listed banks must comply with SEC disclosure rules despite BSP supervision, explaining agency jurisdiction and administrative remedies.

Mortgage in Bad Faith: When a Bank's Claim Is Trumped by a Prior Sale

A bank that forecloses on property it knew was already sold to another buyer cannot claim good-faith protection. Here's why.

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.

Banking Negligence Claims: Depositors Must Prove Unauthorized Transactions

Supreme Court ruling clarifies that depositors claiming unauthorized withdrawals must prove forgery or fraud, not just allege bank negligence.

Protecting Land Titles: The Limits of Collateral Attacks in Property Disputes

Learn how the Supreme Court protects registered land titles from collateral attacks, using the 2001 Tan v. Philippine Banking Corp. case.

Non-Negotiable Withdrawal Slips: Bank Liability for Delayed Dishonor Notices

When a bank delays notice of dishonor on non-negotiable withdrawal slips, is it liable for damages? The Supreme Court explains.

Bank Negligence and Dishonored Checks: Protecting Your Reputation and Finances

Learn from the Firestone v. Luzon Development Bank case why non-negotiable instruments carry risks and how banks' duties apply.

Check Fraud and Bank Liability: Lessons from Ford Philippines vs. Citibank and PCIBank

Philippine Supreme Court ruling on bank liability for fraudulently negotiated checks, crossing, due diligence, and comparative negligence.

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.

Escheat of Unclaimed Bank Deposits in the Philippines: Procedure and Due Process

Learn how Philippine escheat law works for unclaimed bank deposits, why publication is required, and why certiorari cannot replace a missed appeal.

Just Compensation in Agrarian Reform: How Landowners Get Paid Under RA 6657

Understand how just compensation is paid in cash and bonds under RA 6657, explained through the Supreme Court's ruling in Santos v. Land Bank.

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.

Fatal Motion Flaws: Notice of Hearing and Preserving Appeal Rights in Philippine Courts

A motion without notice of hearing is a "scrap of paper" that won't stop the appeal clock—learn the rules from PCIBank v. Court of Appeals.

Worthless Securities and Capital Loss: Tax Implications in the Philippines

Philippine tax law treats worthless equity investments as capital losses, deductible only against capital gains. China Banking Corp. case explains.

Writ of Possession in the Philippines: When Can a Bank Take Your Property

Learn when banks can take property in the Philippines through writs of possession, and how agrarian reform rights affect foreclosure cases.

TAX Refunds AND THE Duty OF THE State BPI Family Savings Bank VS CIR