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Showing 73–94 of 94 articles for “rehabilitation”

Rehabilitation Proceedings and Contractual Obligations: Balancing Creditor Rights and Corporate Recovery

Philippine Supreme Court ruling on suspension of collection suits during corporate rehabilitation proceedings under PD 902-A.

Defective Summons and Corporate Rehabilitation: Voluntary Submission to Court Jurisdiction

When defective service of summons can be cured by a party's own actions, and how corporate rehabilitation stay orders affect collection suits.

Continuing Jurisdiction and Court Power: Rombe Eximtrade v. Asiatrust

When can a court issue an injunction after another court dismissed a rehabilitation case? The Supreme Court clarifies the limits of judicial power.

Corporate Rehabilitation, Foreclosure, and Judicial Independence: Key Lessons from Rombe Eximtrade

A Supreme Court ruling clarifies when courts may issue injunctions against foreclosure after a rehabilitation case is dismissed.

Rehabilitation Proceedings: The "Serious Financial Situation" Requirement for Corporate Recovery

Philippine Supreme Court clarifies the "serious situation test" for corporate rehabilitation petitions under the Interim Rules, citing Pryce Corporation v. Court of Appeals.

Rehabilitation Plans and Contractual Rights: Dacion en Pago in Corporate Recovery

Supreme Court ruling on whether a rehabilitation plan's dacion en pago proposal violates a secured creditor's contractual rights.

Rehabilitation Proceedings Suspension of Claims Against Corporations

Philippine Airlines v. PALEA clarifies how corporate rehabilitation automatically suspends all claims, including labor disputes, under PD 902-A.

Suspension of Claims Against Corporations Under Rehabilitation: Philippine Law Explained

Learn how corporate rehabilitation suspends all claims, including labor cases, under Philippine law, based on the PAL v. Zamora ruling.

Foreclosure vs Corporate Rehabilitation: Why Timing Is Key in Philippine Law

Philippine Supreme Court ruling on how prior foreclosure affects corporate rehabilitation petitions and the proper remedy for dismissal orders.

SEC Suspension Orders and Labor Disputes: What the Rubberworld Case Means

The Supreme Court clarifies that SEC suspension orders in rehabilitation cases automatically stay labor claims, making any labor ruling void.

Corporate Rehabilitation vs. HLURB Jurisdiction in Real Estate Rescission Cases

When a developer under corporate rehabilitation faces rescission claims, SEC suspension rules may prevail over HLURB jurisdiction. Learn from this case.

Standby Letters of Credit Stand Outside Corporate Rehabilitation Stay Orders

Philippine Supreme Court ruling on why standby letters of credit are not covered by rehabilitation stay orders and remain enforceable against issuing banks.

Surety Agreements for Future Debts: Validity Under Philippine Law

Philippine Supreme Court ruling on suretyship for future debts, continuing guaranty, and surety liability despite principal debtor's rehabilitation.

Corporate Rehabilitation Stockholder Approval: When a Majority Vote Suffices

Philippine Supreme Court clarifies when corporate rehabilitation petitions need only majority stockholder approval, not two-thirds vote.

The Stay Order and Corporate Rehabilitation: Suspending Claims Against Distressed Companies

Explaining how the stay order in corporate rehabilitation suspends money claims against distressed companies, citing the Philippine Airlines case.

How Corporate Rehabilitation Suspends Labor Disputes: The Rubberworld Case

When a company under rehabilitation faces labor claims, the SEC's automatic stay suspends all actions—including labor cases before the NLRC.

Corporate Liquidation vs Labor Claims: How the Supreme Court Resolved the Conflict

When a company under rehabilitation is ordered liquidated, labor claims must be filed with the liquidator, not executed separately. Learn the rule.

Wage Order Compliance During Bank Rehabilitation: Philippine Veterans Bank v. NLRC

Supreme Court ruling on wage order compliance, computation of daily wages, and employer liability during bank receivership and rehabilitation in the Philippines.

SEC Jurisdiction in Suspension of Payments: Why Including Individuals Can Jeopardize Your Petition

Learn how including individual officers in a suspension of payments petition can affect SEC jurisdiction and jeopardize your company's rehabilitation case.

Navigating Automatic Stay Orders Suspending Claims During Corporate Rehabilitation in the Philippines

Learn how PD 902-A's automatic stay suspends labor claims during corporate rehabilitation, as clarified by the Supreme Court in Rubberworld.

Mortgage Preference vs Corporate Rehabilitation: Understanding Creditor Rights in the Philippines

Philippine Supreme Court ruling on creditor rights, mortgage preference, and payment rules under the Civil Code explained in plain language.

Moral Character and Bar Admission: How a Hazing Conviction Was Overcome

The Supreme Court allowed a bar passer with a reckless imprudence conviction to take the oath, showing how rehabilitation and good conduct can overcome past misdeeds.