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 12 of 2 articles for credit-agreement

Bank's Failure to Release Loan Funds Nullifies Foreclosure of Mortgage

Philippine Supreme Court rules a bank's breach of a credit agreement bars foreclosure, explaining borrower's reciprocal obligation to pay only arises after full release of loan proceeds.

Duty to Act: Estoppel in Questioning Credit Account Statements

When silence on a credit statement binds a debtor. The Supreme Court explains estoppel, litis pendentia, and the burden of proof.