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.
Lease or Disguised Sale: Recto Law Protects Lessees in Equipment Financing Agreements
When is a lease really a sale? The Supreme Court explains how the Recto Law shields lessees in disguised financing deals.
Financial Leasing Agreements Are Valid Contracts Despite Lessee Default
Supreme Court affirms that financial leasing agreements are genuine contracts; defaulting lessees remain bound by their terms and obligations.