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Jun 27, 2022preliminary attachmentcounter-bondstandby letter of creditrule 57civil proceduresupreme court
Standby Letters of Credit vs Counter-Bonds: Safeguarding Preliminary Attachments in Philippine Litigation
A standby letter of credit cannot substitute a counter-bond to discharge a preliminary attachment under Rule 57, per the Supreme Court.
Dec 3, 2014letter of creditbreach of contractpreponderance of evidencetrust receiptcivil lawsupreme court
Breach of Contract in Letter of Credit Transactions: Proving Liability in Court
Philippine Supreme Court ruling on what a bank must prove to establish liability in letter of credit transactions, and why pleadings matter.
Jan 31, 2005letters of creditconstruction contractstripartite agreementbank liabilitydamagesphilippine law
Letters of Credit and Construction Contracts: Defining Liability in Tripartite Agreements
A Supreme Court ruling clarifies when a bank is liable under a tripartite letter of credit agreement in construction financing.