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.
Deficiency Claims After Mortgage Foreclosure: The Prieto v. BPI Ruling
Learn how the Supreme Court's Prieto v. BPI ruling protects borrowers from unproven deficiency claims after mortgage foreclosure in the Philippines.
Calculating Redemption Price in Extrajudicial Foreclosures: BPI v. LCL Capital Explained
Learn how Philippine courts compute redemption prices in bank foreclosures under the General Banking Law, based on the Supreme Court's ruling in BPI v. LCL Capital.
Understanding the Prohibition Against Splitting a Cause of Action in Loan and Mortgage Cases
A Supreme Court ruling clarifies when a bank cannot file both foreclosure and collection suits for the same loan obligation.
The Fiduciary Duty of Banks in Loan Accounting: A Guide to Metrobank v. Cruz
The Supreme Court affirms that banks owe clients a fiduciary duty to keep accurate loan records and render full accounting, beyond any internal retention policy.
Altered Checks and Bank Liability: Who Pays the Price of Forgery
When a bank clears an altered check, who bears the loss? The Supreme Court clarifies liability rules in Areza v. Express Savings Bank.
When an Agent's Mortgage Signed in Own Name Does Not Bind the Principal
A mortgage signed by an agent in a personal capacity, without indicating agency, binds only the agent, not the principal.
Extrinsic Fraud and Annulment of Judgment: What Litigants Must Know
The Supreme Court clarifies that a lawyer's negligence is not extrinsic fraud, and explains the strict requirements for annulling a final judgment under Rule 47.
Altered Checks and Holder in Due Course Protection Under the Negotiable Instruments Law
Supreme Court ruling on drawee bank liability for altered checks and holder in due course protection under the Negotiable Instruments Law.
Demand NOT Always Needed When Philippine Banks CAN Foreclose Without Prior Notice
Philippine Supreme Court clarifies when banks may foreclose without prior demand, and limits on preliminary injunctions against foreclosure.
Forged Signatures and Bank Liability: Protecting Depositors in Check Transactions
When a bank pays out on a forged check, who bears the loss? The Supreme Court clarifies the rules on bank liability under Philippine law.
Receivership in the Philippines: When Courts Appoint a Receiver Under Rule 59
Learn when Philippine courts may appoint a receiver under Rule 59, based on the Supreme Court's ruling in Commodities Storage & Ice Plant Corp. v. CA.