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.
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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.
Bouncing Checks Law: Valid Defense When Developer Fails to Complete Project
Supreme Court rules buyer's suspension of payments under PD 957 is valid defense against B.P. 22 bouncing checks charges.
SEC Jurisdiction in Suspension of Payments: Why Including Individuals Can Jeopardize Your Petition
Learn how including individual officers in a suspension of payments petition can affect SEC jurisdiction and jeopardize your company's rehabilitation case.
Piercing the Corporate Veil: When Are Corporate Officers Personally Liable in the Philippines
Philippine Supreme Court clarifies when corporate officers may be personally liable and the limits of SEC jurisdiction over suspension of payments.
Suspension of Payments in the Philippines: Who Can File and What Are the Limits
The Supreme Court clarifies that only corporations, partnerships, or associations—not individuals—may file for suspension of payments under PD 902-A.