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 13 of 3 articles for stock purchase agreement

When Can a Corporate President Bind the Corporation? Lessons from Inter-Asia v. Asia Industries

A corporate president can bind the corporation even without board authority under apparent authority. Learn the rules from this Supreme Court case.

Corporate Officers' Apparent Authority and Breach of Warranties in Stock Sales

Philippine Supreme Court ruling on corporate president's apparent authority to bind company and breach of warranty claims in stock purchase agreements.

Verbal Contracts in the Philippines: Why Written Agreements Win in Court

Verbal contracts are valid in the Philippines but hard to prove. Learn from Romago v. Court of Appeals why written agreements prevail.