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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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.
Usury Law Interest Rates: When Courts Can Intervene in Stipulated Loan Interest
Philippine Supreme Court ruling on when courts can reduce stipulated interest rates on loans under the Usury Law and CB Circular 905.
Liability for Damage to Stored Goods: Negligence and Interest Rates Explained
A warehouse operator's negligence can mean paying for damaged goods. Learn the rules on liability and the correct interest rates.
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.
Unilateral Interest Rate Hikes When Banks Overstep Their Bounds
Philippine Supreme Court ruling on when banks cannot unilaterally raise loan interest rates, and the limits of escalation clauses.