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Showing 1–2 of 2 articles for “bank insolvency”

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Sep 21, 2015 pdic bank insolvency receivership civil procedure representative party bangko sentral

PDIC Role in Bank Insolvency Cases: Representative, Not Substitute Party

Explains Balayan Bay Rural Bank v. NLDC, clarifying PDIC's role as representative party, not substitute, in suits involving closed banks.

Sep 8, 2006 cashier's checks bank insolvency pdic liquidation disputed claims preference of credits

Cashier's Checks and Bank Insolvency: When a Holder's Claim Is Not a Preference

A depositor's unpaid cashier's checks from a failed bank are disputed claims in liquidation, not automatic preferences. The Supreme Court explains why.