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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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Oct 9, 2009 corporation code corporate officers bad faith gross negligence personal liability section 31

Corporate Officer Liability for Bad Faith Under Section 31 of the Corporation Code

When can corporate officers be personally liable for corporate obligations? The Supreme Court explains bad faith and gross negligence under Section 31.