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.
Understanding Dragnet Clauses in Philippine Real Estate Mortgages
Learn how dragnet clauses in Philippine real estate mortgages work, their legal limits, and how courts interpret these all-important security provisions.
When Lawyers Face Discipline: The Tan v. Gumba Case and Professional Responsibility in the Philippines
A lawyer who deceived a client into a loan through false documents was suspended for six months. Learn the ethical rules and lessons from this Philippine Supreme Court ruling.
Philippine Supreme Court Clarifies Documentary Stamp Tax on Passbook Savings Accounts
The Supreme Court rules that passbook savings accounts with higher interest rates are certificates of deposit subject to documentary stamp tax.
Partial Redemption in Philippine Foreclosure: Can You Redeem Select Properties?
Philippine law allows partial redemption of foreclosed properties. Learn the rules, limits, and practical implications from a key Supreme Court ruling.
Navigating Philippine Bank Secrecy Laws When Foreign Currency Deposits Can Be Disclosed
The Supreme Court clarifies when foreign currency deposits may be examined under Philippine law, and the limits of bank secrecy.
Can a Bank Foreclose the Entire Loan on a Partial Mortgage? Philippine Supreme Court Rules
Philippine Supreme Court rules on whether a bank may foreclose a real estate mortgage for the full loan amount when only part of it was secured by the property.
Conditional Certifications vs Bank Guarantees: When a Bank Is Not Liable
Supreme Court clarifies when a bank's conditional certification of a credit line application does not constitute a binding bank guarantee.
Contract to Sell vs Dacion en Pago: Protecting Subdivision Lot Buyers in the Philippines
The Supreme Court explains how PD 957 protects subdivision lot buyers even when a developer transfers the property to a bank through dacion en pago.
Overcoming Jurisdictional Hurdles in Philippine Property Disputes: The Philippine Veterans Bank Case
Learn how the Supreme Court clarified jurisdictional boundaries between courts and DARAB in expropriation cases involving agrarian reform lands.
Bank Liability for Dishonored Checks: Protecting Your Credit and Reputation
When a bank dishonors a check for an amount not yet due, it may be liable for damages. Learn from the Citibank v. Dinopol case.
When Banks Dishonor Checks: The Citibank v. Dinopol Case on Fiduciary Duty and Damages
The Supreme Court ruled that banks must exercise the highest degree of diligence, holding Citibank liable for dishonoring a check over a P58.33 charge.
Pawnshops and VAT: Clarifying Tax Exemptions for Non-Bank Financial Intermediaries
The Supreme Court clarifies that pawnshops, as non-bank financial intermediaries, were not liable for VAT in 2000 due to deferred effectivity.
Bank Not Subsidiarily Liable Without Clear Obligation: Prudential Bank v. Abasolo
Supreme Court rules a bank is not subsidiarily liable for a loan officer's alleged promises absent a clear obligation or written request.
Bank Not Liable for Employee's Promise to Seller: Relativity of Contracts in Loan Proceeds Release
Supreme Court rules bank not subsidiarily liable for employee's alleged promise to pay seller directly from loan proceeds, citing relativity of contracts.
Bank Not Subsidiarily Liable for Loan Proceeds Released to Borrower
Supreme Court rules banks are not automatically liable when loan proceeds go to a borrower instead of a third-party seller.
Subrogation Rights Protecting Banks in Loan Agreement Reversals
When a bank pays another party's debt, legal subrogation may let it recover. Learn how the Supreme Court applied this rule.
Mortgage Validity, Good Faith, and Due Diligence in Property Transactions
Philippine Supreme Court ruling on mortgage validity, good faith, and the due diligence required of banks before accepting property as collateral.
Foreclosure Notice Requirements: BPI v. Puzon on Posting, Publication, and Presumption of Regularity
Supreme Court clarifies notice requirements in extrajudicial foreclosure, upholding sale where publication was made and presumption of regularity applied.
Documentary Stamp Tax: When Special Savings Deposits Are Certificates of Deposit Drawing Interest
The Supreme Court rules that special savings deposits with fixed-term features are "certificates of deposit drawing interest" subject to documentary stamp tax.
Credit Card Interest Rates: Balancing Lender Rights and Borrower Protection in the Philippines
The Supreme Court limits credit card interest and penalty rates to 2% monthly, balancing lender rights with borrower protection.
Tax Amnesty vs Documentary Stamp Tax: When Can a Bank Claim Immunity
Supreme Court rules on DST liability for special savings accounts and whether tax amnesty covers deficiency assessments.
Mortgagor's Stipulated Right to Notice Prevails in Foreclosure Proceedings
Supreme Court rules banks must honor contractual stipulations requiring personal notice to mortgagors before extrajudicial foreclosure, or risk nullifying the sale.
BSP’s Exclusive Authority Over Bank Receivership: What It Means for Depositors and Creditors
The Supreme Court affirms the BSP’s exclusive authority over bank receivership, clarifying the limits of court intervention and the rights of depositors and creditors.
Accretion Rights and Innocent Purchasers: Resolving Land Ownership Disputes in the Philippines
Philippine Supreme Court ruling on accretion rights, reconveyance actions, and the protection of innocent purchasers for value in land disputes.