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.
Oct 13, 2005constitutional lawforeign debtpresidential powersection 20 article viidebt reliefalter ego doctrine
Presidential Power Limits on Foreign Debt Contraction in the Philippines
The Supreme Court clarifies the President's power to contract foreign loans, including debt buybacks and bond conversions, under Section 20, Article VII of the Constitution.