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.
Apr 17, 2002corporate lawpiercing the corporate veilcorporation codecivil lawphilippine national bankdebt liability
Piercing the Corporate Veil: When Does a Corporation Assume Another's Debt
The Supreme Court clarifies when a corporation may be held liable for another company's debts, and when the corporate veil cannot be pierced.