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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Unveiling Simulated Contracts When Loans Mask True Intentions in Philippine Law
Philippine Supreme Court clarifies when credit line agreements are simulated contracts, and how courts uncover the true intent behind loan documents.
Understanding Loan Agreements and Foreclosure: Key Lessons from a Philippine Supreme Court Ruling
A Supreme Court ruling clarifies when banks may foreclose and how courts interpret loan agreements, credit lines, and restructuring contracts in the Philippines.
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.
Breach of Contract and Bank Negligence: Protecting Clients' Rights
Philippine Supreme Court ruling on bank liability for negligence in terminating credit lines and dishonoring checks without proper notice.
Strict Deadlines Matter Navigating SEC Appeals AND Corporate Liability FOR Unlicensed Brokers IN THE Philippin
When is a bank liable for breach of contract in a credit line dispute? The Supreme Court clarifies the rules on conditional loan approvals and the duty of banks to exercise prudence in dealing with re
Breach of Contract and Banks Duty: Damages for Malicious Suspension of Credit Line
A bank that maliciously suspends a credit line breaches its contract and may be liable for damages, as the Supreme Court ruled in Republic Planters Bank v. Montinola.
BP 22 and Credit Lines: When a Stop Payment Order Doesnt Imply Insufficient Funds
Learn when a stop payment order on a postdated check does not automatically mean insufficient funds under BP 22, and how credit lines affect liability.