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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Reformation of Contract: Correcting Errors to Reflect True Intent in Real Estate Mortgages
The Supreme Court clarifies when courts may reform a real estate mortgage to reflect the true intent of the parties, not its literal wording.
Reformation of Contract: When Does the Prescription Period Begin?
Philippine Supreme Court clarifies when the 10-year prescriptive period for reformation of contract starts—not from execution, but from discovery of the mistake.
Reformation of Contracts in the Philippines: Navigating Unforeseen Events and Economic Shifts
Philippine Supreme Court ruling on contract reformation, fortuitous events, and extraordinary inflation in lease agreements. Learn key legal principles.