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.

Showing 15 of 5 articles for oral contracts

Oral Share Sale Agreements in the Philippines: Enforceability and Remedies After Breach

Learn when oral agreements to sell shares are enforceable in the Philippines, and the remedies available when a seller backs out.

Prescription Period for Oral Contracts: What Creditors and Debtors Must Know

The Supreme Court clarifies the six-year prescription period for oral contracts and why timely action is critical for creditors and debtors.

Oral Contracts for Property: Six-Year Prescription Bars Stale Claims for Specific Performance

Oral agreements to transfer property must be enforced within six years. Learn how prescription works and why timely action matters.

Oral Loan Agreements in the Philippines: When a Verbal Promise Is Legally Binding

Oral loan agreements can be enforceable in the Philippines. Learn the rules, evidence needed, and key Supreme Court ruling on verbal contracts.

Statute of Limitations in Philippine Contract Law: The 10-Year Rule for Written Contracts

Learn the 10-year prescriptive period for written contracts in the Philippines, when it starts, and how the Supreme Court applied it in a stock pledge dispute.