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.
Mar 2, 1998suspension of paymentssecurities and exchange commissionpresidential decree 902-acorporate rehabilitationphilippine insolvency law
Suspension of Payments in the Philippines: Who Can File and What Are the Limits
The Supreme Court clarifies that only corporations, partnerships, or associations—not individuals—may file for suspension of payments under PD 902-A.