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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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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.
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.