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 12 of 2 articles for trust-receipts

Upholding Contractual Agreements: Trust Receipts and Surety Agreements in Loan Obligations

The Supreme Court reaffirms that contracts are the law between parties, enforcing stipulated interest, penalties, and service charges in trust receipt loan transactions.

Decoding Marginal Deposits: How Contract Clarity Prevents Banking Disputes in the Philippines

Learn from Security Bank v. Transworld how ambiguous trust receipt terms on marginal deposits led to a decade-long dispute.