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.
Jul 16, 2012corporate rehabilitationinsolvencyinterim ruleswonder book corporationpbcomsupreme court
Rehabilitation Denied When Financial Realities Override Corporate Rescue
The Supreme Court clarifies when corporate rehabilitation is not available—mere illiquidity qualifies, but irreversible insolvency with speculative plans does not.
Dec 7, 2010custodia legisgarnishmentwrit of attachmentrules of courtadministrative lawsupreme court ruling
Custodia Legis and Garnishment: The BSP v. Judge Lanzanas Ruling
Funds in custodia legis cannot be garnished without court approval. The Supreme Court's ruling in BSP v. Judge Lanzanas explains why.