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.
Dec 1, 2020administrative lawcommission on auditgovernment subsidiesgovernment-owned and controlled corporationsultra virespublic finance
Understanding the Limits of Government Financial Subsidies: Insights from the Supreme Court
The Supreme Court clarifies when government financial subsidies are lawful and when they become ultra vires acts requiring refunds.
Nov 24, 2010appraisal rightcorporation coderetained earningsdissenting stockholderstrust fund doctrinepremature action
Appraisal Rights and Unrestricted Retained Earnings: Turner v. Lorenzo Shipping
A dissenting stockholder's right to payment accrues only when the corporation has unrestricted retained earnings; a premature suit is dismissible.
Lease Agreements in the Philippines: Why Written Consent Before Construction Matters
Learn how the Supreme Court's ruling in Bugatti v. Baguilat underscores the need for a perfected lease contract before construction begins.