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.
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.
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.
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.
Trust Receipts Law Liability: When Agents Face Estafa Charges
Learn when corporate agents can face criminal liability for estafa under the Trust Receipts Law, based on the Supreme Court's ruling in Ong v. Court of Appeals.