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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When Are Bank Officers Personally Liable for Corporate Decisions? PDIC v. Ilio
The Supreme Court clarifies when bank officers can be held administratively liable for corporate decisions, setting limits on personal responsibility.
Upholding COA Authority: PDIC Condonation of Bank Debts Disallowed
Supreme Court affirms COA disallowance of PDIC's P1.98 billion condonation and write-off of bank debts, holding PDIC Board liable.
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.
PDIC Deposit Insurance Denials: Court of Appeals Holds Exclusive Certiorari Jurisdiction
Supreme Court clarifies that PDIC deposit insurance claim denials must be challenged via certiorari before the Court of Appeals, not the RTC.
Where to Appeal PDIC Denials: The Rule on Jurisdiction After RA 10846
A denied deposit insurance claim must be challenged via certiorari before the Court of Appeals, not the RTC. This case explains the rule.
PDIC Deposit Insurance Disputes: Court of Appeals Has Exclusive Jurisdiction
The Supreme Court clarifies that petitions questioning PDIC denials of deposit insurance claims must be filed with the Court of Appeals, not the RTC.
Deposit Insurance Claims Upholding Pdic Authority AND Defining Course OF Business
The Supreme Court clarifies the limits of the Philippine Deposit Insurance Corporation's regulatory authority over bank operations and the definition of "course of business" in deposit insurance claim
Probable Cause in Deposit Insurance Claims: Lessons from PDIC v. Gidwani
The Supreme Court reinstates probable cause findings against Manu Gidwani for estafa and money laundering, clarifying standards for preliminary investigations in deposit insurance fraud cases.
Who Can Sue on Behalf of a Closed Bank Under Receivership
The Supreme Court explains why only the PDIC, as receiver, may sue for a closed bank, and where to file cases against the BSP.
Where to File Certiorari Against PDIC Decisions on Deposit Insurance Claims
Learn where to file certiorari against PDIC decisions on deposit insurance claims, and what makes a deposit insurable under Philippine law.
When Banks Can Refuse Payment: B.P. 22 and Bank Closure in Cu v. SB Corp.
Supreme Court ruling on B.P. 22 liability when a bank is closed by the Monetary Board and placed under PDIC receivership.
PDIC Role in Bank Insolvency Cases: Representative, Not Substitute Party
Explains Balayan Bay Rural Bank v. NLDC, clarifying PDIC's role as representative party, not substitute, in suits involving closed banks.
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.
PDIC Insurance: Defining Deposit and Protecting the Depositing Public
Supreme Court rules inter-branch fund transfers are not insurable deposits under the PDIC Charter, clarifying deposit insurance scope.
PDIC Investigation vs Examination: When Is Monetary Board Approval Required
The Supreme Court clarifies when PDIC needs Monetary Board approval—investigation and examination are distinct powers under the PDIC Charter.
Retroactivity of Laws and Vested Rights in Bank Liquidation: PDIC v. Stockholders of Intercity Bank
When can a new law apply to an ongoing bank liquidation? The Supreme Court explains the rule on retroactivity and vested rights.
Tax Clearance Not Required for BSP-Ordered Bank Liquidation in the Philippines
Supreme Court ruling: banks closed by the BSP and liquidated by PDIC need not secure a BIR tax clearance before asset distribution.
Deposit Insurance Coverage and the Usual Course of Business Rule in Bank Transactions
Supreme Court ruling on PDIC coverage for deposits made before a bank's closure, defining "usual course of business."
Deposit Insurance Claims When Banks Fail Are Your Deposits Protected
Learn how PDIC deposit insurance works when a bank fails, and why a certificate of time deposit does not guarantee payment.