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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Loan Agreements and Interest Rates: Lessons from a Philippine Supreme Court Ruling
A Philippine Supreme Court ruling clarifies when banks may impose penalty charges and compound interest under loan restructuring agreements.
Bouncing Checks LAW Restructuring Agreements DO NOT Automatically Extinguish Criminal Liability
A restructuring agreement does not automatically extinguish criminal liability for bouncing checks. Learn the legal distinction.
Novation Must Be Clear: Restructuring Agreements Do Not Automatically Extinguish Prior Obligations
Philippine Supreme Court ruling on when debt restructuring novates an obligation and when it merely modifies the original agreement.
Novation in Philippine Law: Can a Restructuring Agreement Extinguish Promissory Note Obligations?
Philippine Supreme Court clarifies when a restructuring agreement novates promissory notes, and when it merely modifies payment terms without extinguishing the debt.
Novation and Trust Receipts: When a Debt Restructuring Agreement Extinguishes Criminal Liability
Learn when a debt restructuring agreement novates trust receipt obligations and extinguishes criminal liability under Philippine law.