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.
Bank Closure Suspends Obligations: Impact on B.P. 22 Cases
When a bank is closed by the Monetary Board, obligations are suspended. This ruling explains why B.P. 22 charges may fail.
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.