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.
Corporate Dissolution Directors As Trustees and Guarantor Liability After Corporate Revocation
Explains Reyes v. Bancom: corporate revocation doesn't abate suits, directors act as trustees, and guarantors remain liable.
Revocation and Renewal: Understanding Surety Obligations in Philippine Banking
When a continuing surety expires or is revoked, a bank cannot hold the surety liable for loans made after that point.
Continuing Security: How Future Debts Can Affect Real Estate Mortgages in the Philippines
The Supreme Court explains how a real estate mortgage can secure future loans, not just the original debt, through continuing guaranty clauses.
Surety vs. Guaranty in Philippine Law: Key Differences and Liability
Learn the difference between surety and guaranty under Philippine law, and why contract wording—not titles—determines your liability.
Continuing Surety Agreements Can Validly Cover Future Debts in the Philippines
Philippine Supreme Court clarifies that continuing surety agreements validly secure future debts, even if no principal obligation exists at signing.