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.
When Bank Receivership Suspends B.P. 22 Liability: What Creditors Should Know
Philippine Supreme Court ruling on how bank receivership suspends check payment obligations and bars B.P. 22 criminal liability for bank officers.
Understanding Jurisdiction in Bank Liquidation: Filing Claims Against Closed Banks in the Philippines
Learn how Philippine courts handle claims against closed banks, including the liquidation court's exclusive jurisdiction under RA 7653.
When a Bank Fails: Jurisdiction Over Claims Against Banks Under Liquidation
Philippine Supreme Court rules on which court hears claims against a bank placed under PDIC liquidation, voiding orders from a court without jurisdiction.
PDIC Deposit Insurance Denials: Court of Appeals Holds Exclusive Certiorari Jurisdiction
Supreme Court clarifies that PDIC deposit insurance claim denials must be challenged via certiorari before the Court of Appeals, not the RTC.
When Banks Can Refuse Payment: B.P. 22 and Bank Closure in Cu v. SB Corp.
Supreme Court ruling on B.P. 22 liability when a bank is closed by the Monetary Board and placed under PDIC receivership.
Perfected Contract of Sale When a Preliminary Agreement Becomes Binding
When does a preliminary agreement become a perfected contract of sale? The Supreme Court explains in this Philippine banking liquidation case.
Monetary Board's Bank Receivership Power Upheld for Public Protection
Supreme Court affirms Monetary Board's power to place banks under receivership without prior hearing, citing the "close now, hear later" doctrine.
Judicial Consignation: Paying a Loan When the Creditor’s Identity Is Unclear
When two entities claim the right to collect a debt, judicial consignation lets the debtor deposit payment in court and be released.
Jurisdiction by Estoppel: When Active Court Participation Bars a Jurisdictional Challenge
Philippine Supreme Court explains when a party's active participation in a case can bar it from later questioning the court's jurisdiction.
Retroactivity of Laws and Vested Rights in Bank Liquidation: PDIC v. Stockholders of Intercity Bank
When can a new law apply to an ongoing bank liquidation? The Supreme Court explains the rule on retroactivity and vested rights.