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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.
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Financial Leasing Agreements Are Valid Contracts Despite Lessee Default
Supreme Court affirms that financial leasing agreements are genuine contracts; defaulting lessees remain bound by their terms and obligations.
Jul 22, 2003financial leasingsale and leasebackequitable mortgagechattel mortgagecontractsreformation
Sale and Leaseback as Disguised Loan: When Financial Leasing Is an Equitable Mortgage
Philippine Supreme Court clarifies when a sale and leaseback is a disguised loan secured by chattel mortgage, not a true financial lease.