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Showing 1–3 of 3 articles for “government banks”

Losing Your Day in Court: Understanding the Strict Rules of Appeal in Philippine Law

The Supreme Court clarifies that permanent injunctions cannot bar government banks from foreclosing mortgages, and explains the limits of moral damages.

COA Oversight and Private Auditors in Government Banks: The DBP Case

Supreme Court rules COA audit power over government banks is not exclusive; private external auditors may conduct concurrent audits.

Piercing the Corporate Veil: When Foreclosure by Government Banks Is Not Fraud

The Supreme Court explains when foreclosure by government banks does not justify piercing the corporate veil, and why creditors cannot claim preferences outside liquidation.