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.
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Bank Liquidation and Bounced Checks: When Receivership Suspends Criminal Liability
The Supreme Court explains how bank receivership and liquidation affect criminal liability for bounced checks under B.P. 22.
Duty to Account: Belated Compliance Does Not Erase Criminal Liability for Public Officers
The Supreme Court rules that a public officer's belated liquidation of cash advances does not erase criminal liability under Article 218 of the Revised Penal Code.
Understanding the Limits of Injunctive Relief in Bank Liquidation: A Philippine Perspective
The Supreme Court clarifies when courts may—and may not—issue injunctions against the Bangko Sentral ng Pilipinas during bank liquidation proceedings.
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.
Bank Liability and Jurisdiction in Mortgage Fraud Cases: The Hermosa Savings Bank Ruling
The Supreme Court clarifies which court handles claims against a bank under liquidation, and what this means for creditors.
Judicial Authority and Bank Liquidation: Understanding the Limits of Court Intervention
A Supreme Court ruling clarifies when judges overstep their authority in bank liquidation proceedings, and the consequences of doing so.
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.
Bank Liquidation Jurisdiction and Claims Against Insolvent Banks in the Philippines
When a bank enters liquidation, all claims against it—including mortgage disputes—must be filed with the liquidation court, not regular courts.
Finality of Judgment and Why Attempts to Circumvent Liquidation Proceedings Fail
The Supreme Court clarifies that final judgments cannot be attacked through procedural technicalities, ensuring that liquidation proceedings move forward.
Rehabilitation or Liquidation: When Corporate Revival Is Not Feasible
A corporation in default may still seek rehabilitation, but a plan built on speculative promises will not pass judicial scrutiny.
Corporate Records Access: Stockholder Rights and Officer Duties After Dissolution
Philippine Supreme Court clarifies that a stockholder's right to inspect corporate records survives corporate dissolution and continues during liquidation.
Rehabilitation OR Liquidation Evaluating Financial Feasibility IN Corporate Distress
The Supreme Court clarifies when corporate rehabilitation should be denied in favor of liquidation, requiring material financial commitments and liquidation analysis.
Final Liquidation Court Orders Prevail Over Collection Suits: Solidbank v. CA
A final liquidation court order cannot be overturned by a trial court in a separate collection suit, explains the Supreme Court in Solidbank v. CA.
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.
Sheriff’s Duty on Expense Handling: Strict Compliance With Court Rules to Prevent Misconduct
A sheriff who demanded and received execution expenses without court approval or liquidation was suspended for conduct prejudicial to the best interest of the service.
Rehabilitation Over Liquidation: Protecting Corporate Viability in Financial Distress
The Supreme Court affirms that corporate rehabilitation, not liquidation, is preferred when a distressed firm can be revived and creditors remain protected.
Tax Clearance Not Required for Bank Liquidation: Protecting Creditor Rights
Supreme Court rules banks under PDIC liquidation need no BIR tax clearance, protecting creditor preference rights under the Civil Code.
Liquidation vs Length of Service: Defining Retirement Benefits in Philippine Banking
Supreme Court ruling on whether bank liquidation periods count in computing retirement benefits for Philippine bank employees.
Corporate Liquidation and Minority Rights in Distressed Corporations
A Supreme Court ruling on how rehabilitation proceedings protect minority stockholders from majority abuse in distressed corporations.
Substantial Compliance vs Strict Interpretation: Upholding Appeals in Liquidation Proceedings
Philippine Supreme Court ruling on substantial compliance in appeals, using a bank liquidation case to clarify procedural rules.
When a Void Marriage Decree Can Be Issued Without Waiting for Property Liquidation
Supreme Court clarifies that Article 36 void marriage decrees need not wait for property liquidation under Article 147 of the Family Code.
Liquidation Court Jurisdiction Over Claims Against Insolvent Banks in the Philippines
When a bank is placed under liquidation, all claims against it—including annulment and damages suits—must be filed with the liquidation court.
Sheriffs' Duties and Liabilities: Proper Handling of Sheriff's Fees and Liquidation
A sheriff's guide to Section 10, Rule 141: how to handle fees, liquidation, and why shortcuts lead to administrative liability.
Liquidator’s Fees: SEC Authority to Fix Compensation in Corporate Liquidation
Supreme Court clarifies SEC’s power to determine liquidator’s fees when parties fail to agree, in Catmon Sales v. Yngson.