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.

Showing 15 of 5 articles for ra 7653

Understanding Jurisdiction in Bank Liquidation: Filing Claims Against Closed Banks in the Philippines

Learn how Philippine courts handle claims against closed banks, including the liquidation court's exclusive jurisdiction under RA 7653.

Judicial Authority and Bank Liquidation: Understanding the Limits of Court Intervention

A Supreme Court ruling clarifies when judges overstep their authority in bank liquidation proceedings, and the consequences of doing so.

Real Party in Interest and Property Disputes: Standing to Sue Explained

Learn how Philippine courts determine who may sue in property cases, with insights from Lexber v. Dalman on standing and rehabilitation.

Liquidation Court Jurisdiction Over Claims Against Insolvent Banks in the Philippines

When a bank is placed under liquidation, all claims against it—including annulment and damages suits—must be filed with the liquidation court.

Bank Closures Under RA 7653: Why a Report Suffices Without Full Examination

Supreme Court clarifies that under RA 7653, the BSP Monetary Board may close a bank based on a department head's report, not a full examination.