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.

Showing 601624 of 1,710 articles for corporation

Limits of a General Power of Attorney Authority to Sell Real Property in the Philippines

Philippine Supreme Court clarifies that a general power of attorney does not authorize an agent to sell real property without a special power of attorney.

Final Liquidation Court Orders Prevail Over Collection Suits: Solidbank v. CA

A final liquidation court order cannot be overturned by a trial court in a separate collection suit, explains the Supreme Court in Solidbank v. CA.

Service of Summons on Corporations: Why Strict Compliance Matters in Philippine Law

Philippine Supreme Court clarifies that service of summons on corporations must strictly follow Rule 14, Section 11; substantial compliance no longer applies.

Redundancy Dismissals: Strict Compliance With Labor Code Imperative

Philippine Supreme Court clarifies strict requirements for valid redundancy termination, including mandatory DOLE notice and fair selection criteria.

Supreme Court Voids 'Right to Top' Clause in Government Asset Sale: Osmeña v. PSALM

The Supreme Court invalidated a 'right to top' provision in a government land lease, reaffirming that competitive public bidding protects public interest.

Corporate Asset Transfers: When Does a Buyer Inherit the Seller's Liabilities

Philippine Supreme Court clarifies when a corporation buying all assets of another also inherits its liabilities, under Section 40.

Third Party Beneficiaries and Compromise Agreements: When Excluded Parties Cannot Claim Benefits

Philippine Supreme Court ruling on when compromise agreements benefit only named parties, not excluded third parties under stipulation pour autrui.

Ombudsman's Probable Cause Discretion and Grave Abuse in Public Official Cases

Courts rarely interfere with the Ombudsman's probable cause findings unless grave abuse of discretion is clearly shown. This case explains the rule.

VAT Refund Timelines: Strict Compliance Prevails Over Prior BIR Rulings

Supreme Court clarifies mandatory 120+30 day VAT refund periods; late judicial claims fail despite BIR Ruling No. DA-489-03.

Buyers Right Prevails Enforcing Title Delivery IN Subdivision Sales

Supreme Court rules subdivision buyers who fully paid can compel title delivery despite later transfers to third parties.

Piercing the Corporate Veil: Limits of Personal Liability for Corporate Acts in the Philippines

Philippine Supreme Court clarifies when corporate officers may be held personally liable and why certiorari cannot replace a lost appeal.

Perfected Contract of Sale When a Preliminary Agreement Becomes Binding

When does a preliminary agreement become a perfected contract of sale? The Supreme Court explains in this Philippine banking liquidation case.

Venue in Deficiency Claims: A Personal Action After Foreclosure

The Supreme Court clarifies that an action to recover a mortgage deficiency after extrajudicial foreclosure is a personal action, not a real action.

Breach of Contract and the Limits of Bank Manager Authority: Apparent Authority in Real Estate Transactions

When does a bank branch manager's promise bind the bank? The Supreme Court explains apparent authority in Games and Garments Developers, Inc. v. Allied Banking Corporation.

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.

Breach of Trust as Ground for Dismissal: Manager's Dishonest Dealings Upheld

Supreme Court affirms dismissal of a manager who failed to account for funds and licenses, ruling that loss of trust and confidence was justified.

Strict Compliance Required for Serving Summons on Domestic Corporations

The Supreme Court clarifies that service of summons on domestic corporations must strictly follow Rule 14, Section 11, or the court lacks jurisdiction.

When a Final Judgment Violates the Law on Bouncing Checks: Correcting an Excessive Penalty

The Supreme Court corrected an excessive fine in a final BP 22 conviction, showing when final judgments may be modified.

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.

Sumbilla v. Matrix Finance: When Courts Correct Excessive Penalties in Final Bouncing Check Cases

The Supreme Court relaxed the finality rule to correct an excessive fine in a BP 22 conviction, protecting debtors from penalties beyond the law's limits.

Supervening Events and Restitution: When Final Judgments Can Be Overturned

Philippine Supreme Court ruling on when supervening events justify setting aside final judgments and ordering restitution of executed amounts.

Tax Amnesty and Economic Zones: Puregold Case on VAT and Excise Tax Liabilities

Supreme Court ruling on RA 9399 tax amnesty covering VAT and excise tax liabilities of Clark ecozone enterprises.

Prejudicial Question and Corporate Authority: When Estafa Proceedings May Be Suspended

Explains when a prejudicial question suspends estafa proceedings, focusing on corporate authority and demand validity under Philippine law.

Navigating Appeals Jurisdiction of the Court of Tax Appeals in Collection Cases

A Supreme Court ruling clarifies that the CTA has exclusive appellate jurisdiction over tax collection cases, and wrong appeals must be dismissed.