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.

Showing 15 of 5 articles for counter-bond

Extortion Under the Color of Authority: Understanding Simple Robbery in the Philippines

When court employees demand money to perform official duties, they commit simple robbery. The Supreme Court explains why in Peralta v. People.

Standby Letters of Credit vs Counter-Bonds: Safeguarding Preliminary Attachments in Philippine Litigation

A standby letter of credit cannot substitute a counter-bond to discharge a preliminary attachment under Rule 57, per the Supreme Court.

When Can a Bank Deposit Real Property Instead of Cash to Lift an Attachment?

Philippine Supreme Court clarifies that under Rule 57, only cash deposit or counter-bond can lift a writ of attachment.

Cash Deposit or Counter Bond: The Only Ways to Discharge an Attachment in Philippine Courts

Philippine Supreme Court clarifies that only cash deposits or counter-bonds can discharge a writ of attachment—not real property.

Breach of Contract and Preliminary Attachment: D.M. Wenceslao v. Readycon

Supreme Court clarifies when a wrongful attachment claim succeeds and when a contract balance becomes due, in a construction supply dispute.