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.

Showing 16 of 6 articles for security bank

When a Corporate Officer Escapes Civil Liability for a Bounced Check Under BP 22

The Supreme Court clarifies that an acquitted corporate officer cannot be held personally liable for a dishonored corporate check under BP 22.

Foreclosure Publication Rule: Why Missing the Notice Voids the Sale

Failure to publish a foreclosure notice under Act No. 3135 is a jurisdictional defect that invalidates the sale, as Baclig v. Rural Bank of Cabugao shows.

Continuing Suretyship in the Philippines: Liability for Future Debts Explained

Learn how the Supreme Court upheld a surety's liability for future debts under a Continuing Suretyship, and when courts may reduce attorney's fees.

Surety Bonds Enforcing Liability Despite Procedural Technicalities

Philippine Supreme Court ruling on when courts may suspend civil cases for prejudicial questions, and how surety obligations remain enforceable.

Decoding Marginal Deposits: How Contract Clarity Prevents Banking Disputes in the Philippines

Learn from Security Bank v. Transworld how ambiguous trust receipt terms on marginal deposits led to a decade-long dispute.

Loan Restructuring and Surety Release: Key Protections for Guarantors in Philippine Law

Philippine Supreme Court ruling on when loan restructuring releases a surety from liability, and what guarantors must know about their rights.