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Showing 1–3 of 3 articles for “debtor substitution”

When Silence Isn't Golden: Novation and Debtor Substitution in Philippine Law

The Supreme Court clarifies when a creditor's silence or acceptance of payments amounts to novation and debtor substitution.

Assignment of Lease and Liability for Rental Arrears: A Philippine Supreme Court Ruling

When a lessee assigns a lease, does the assignee inherit unpaid rentals? The Supreme Court clarifies the rules on subrogation and debtor substitution.

Novation by Implied Consent: When a Creditor's Silence Speaks Volumes

Philippine Supreme Court ruling on how a creditor's failure to object to a debtor substitution can constitute implied consent to novation.