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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Brokerage Obligations Accounting FOR Stock Certificates AND Exchange Liabilities
Philippine Supreme Court clarifies stockbroker duties: accounting for missing certificates, PSE's right to sell pledged seats, and client refunds.
Pawn Tickets and Documentary Stamp Tax: Understanding Pledge Agreements and Taxable Privileges
The Supreme Court rules pawn tickets are subject to documentary stamp tax as proof of exercising the taxable privilege of entering into a pledge contract.
Pawnshop Liability Fortuitous Events Negligence AND Insurance Obligations IN Pledge Agreements
When a pawned item is lost to robbery, who bears the loss? The Supreme Court clarifies pawnshop liability, fortuitous events, and insurance duties.
Documentary Stamp Tax on Pawnshop Pledges: A Clear Guide
The Supreme Court confirms pawnshop pledges are subject to documentary stamp tax under the National Internal Revenue Code. Learn the rules.
Pledged Shares and Lost Chances: No Right of Redemption in Philippine Pledge Law
Philippine Supreme Court clarifies that pledged personal property, including shares of stock, has no right of redemption after extrajudicial foreclosure.
Surety Reimbursement Rights: When Partial Payment Does Not Trigger Indemnity
Philippine Supreme Court clarifies when co-sureties can demand reimbursement and foreclose pledged shares under indemnity agreements.
Unauthorized Pledge of Another's Property: Ownership Prevails in Replevin Action
A son's unauthorized pledge of his father's tractor as security for personal debt fails; the owner's right to recover possession prevails.
Statute of Limitations in Philippine Contract Law: The 10-Year Rule for Written Contracts
Learn the 10-year prescriptive period for written contracts in the Philippines, when it starts, and how the Supreme Court applied it in a stock pledge dispute.
Stock Pledge in the Philippines: When Can a Pledgee Demand Ownership and Stock Transfer
Philippine Supreme Court ruling on when a pledgee of shares can demand stock transfer and ownership rights under a contract of pledge.
Pledge vs. Corporate By-Laws: Who Wins in Stock Ownership Disputes?
A bank's pledged shares were sold by a club for unpaid dues. The Supreme Court ruled on who prevails.