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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Sep 17, 2019 bp-22 bouncing-checks-law corporate-liability piercing-corporate-veil criminal-law supreme-court

B.P. 22 and the Corporate Veil: When Corporate Officers Face Personal Liability

The Supreme Court pierces the corporate veil in B.P. 22 cases, holding officers personally liable for bouncing checks—but only with proper notice of dishonor.

Nov 24, 2010 appraisal right corporation code retained earnings dissenting stockholder corporate law litigation

Unrestricted Retained Earnings and the Appraisal Right of Dissenting Stockholders

When can a dissenting stockholder sue to collect the fair value of shares? The Supreme Court clarifies the timing rule.