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Showing 1–4 of 4 articles for “personal guarantee”

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Dec 3, 2012 corporate law trust receipts personal liability corporate officers piercing the corporate veil guarantees

Personal Guarantees and Piercing the Corporate Veil: Lessons from Crisologo v. People

When corporate officers sign personal guarantees, they may face personal liability. The Supreme Court clarifies the limits in Crisologo v. People.

Nov 18, 2005 trust receipts corporate liability personal guarantee commercial law presidential decree 115 bank liability

Trust Receipts and Personal Guarantees: When Corporate Officers Are Personally Liable

Corporate officers who sign trust receipts may face personal liability. The Supreme Court clarifies when a signature creates a guarantee.

Apr 25, 2002 corporate law surety board resolution negotiable instruments commercial law

Corporate Authority vs Surety: When Board Resolutions and Personal Guarantees Collide

Philippine Supreme Court ruling on corporate authority, board resolutions, and surety liability in a discounting transaction.

Apr 7, 1997 surety agreement corporate liability personal guarantee continuing suretyship philippine law contract law

Corporate Liability vs Personal Guarantee: Surety Agreements in the Philippines

Philippine Supreme Court ruling on when a continuing surety agreement covers corporate debts and when it does not bind the surety.