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 1–3 of 3 articles for “trust receipt agreement”

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Jun 14, 2022 trust receipts law estafa criminal law novation banking law

Trust Receipts and Estafa: Why a Payment Agreement Does Not Erase Criminal Liability

The Supreme Court ruled that a new payment schedule cannot erase criminal liability for trust receipt violations, which are malum prohibitum.

Sep 4, 2018 estafa trust receipt agreement presidential decree 115 revised penal code criminal law supreme court

Estafa Under Trust Receipt Agreements: The Osental Case and PD 115

Failure to comply with a trust receipt agreement can lead to estafa charges. Learn the rules from the Osental case.

Feb 17, 2013 trust receipts loan agreements commercial law supreme court ruling credit transactions

Trust Receipt vs. Loan: When a Security Agreement Becomes a Debt

Philippine Supreme Court ruling clarifies when a trust receipt arrangement is actually a loan, affecting liability and criminal exposure.