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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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SEC Suspension Order as a Valid Defense in B.P. 22 Cases: Gidwani v. People
When a lawful SEC suspension order precedes check presentment, the drawer may be excused from B.P. 22 liability.
SEC Suspension Order as Defense in B.P. 22 Cases: Gidwani v. People
Supreme Court rules SEC suspension of payments order excuses check dishonor under B.P. 22, reversing conviction of corporate officer.
SEC Suspension Orders and Labor Disputes: What the Rubberworld Case Means
The Supreme Court clarifies that SEC suspension orders in rehabilitation cases automatically stay labor claims, making any labor ruling void.