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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Bank Liquidation and Bounced Checks: When Receivership Suspends Criminal Liability
The Supreme Court explains how bank receivership and liquidation affect criminal liability for bounced checks under B.P. 22.
When Bank Receivership Suspends B.P. 22 Liability: What Creditors Should Know
Philippine Supreme Court ruling on how bank receivership suspends check payment obligations and bars B.P. 22 criminal liability for bank officers.
Monetary Board's Bank Receivership Power Upheld for Public Protection
Supreme Court affirms Monetary Board's power to place banks under receivership without prior hearing, citing the "close now, hear later" doctrine.
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.
Authority to Sell: Bank Receivership and Corporate Deals During Receivership
When a bank is under receivership, its officers lose power over assets. Only the receiver may administer—not sell—bank property.
When Bank Receivership Does Not Stop Prescription on Mortgage Foreclosure
A bank's receivership does not automatically suspend the prescriptive period for foreclosing a mortgage, the Supreme Court ruled.
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.