Reliefs for debtors under FRIA
Being insolvent is defined as someone whose financial condition renders him or her generally unable to settle his or her liabilities as they fall due
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Being insolvent is defined as someone whose financial condition renders him or her generally unable to settle his or her liabilities as they fall due
This notwithstanding, a claimant still has the means to seek redress of his or her grievance without immediately resorting to courts of law
The advent of Republic Act 11232, or the Revised Corporation Code of the Philippines, ushered in a number of salient changes not only in the organization of and other fundamental matters concerning corporations
Generally, it is the first purchaser who has a better right over a property sold again to another in line with the principle of prius tempore, potior jure (first in time, stronger in right). However, there may be instances where his or her right may be defeated
For the recovery of physical possession of real property, an ejectment suit or accion interdictal under Rule 70 of the Rules of Civil Procedure is the potent legal option
Grief and longing for the departed are regrettably coupled with practical and legal concerns. While surviving relatives of the deceased need to cope with overwhelming emotions, the latter concerns must nonetheless be addressed immediately even as they appear too burdensome to confront.
While within the ambit of management prerogative, it must be well-intentioned, done with great caution and in strict compliance with the law.
The availment of estate tax amnesty is a one-time opportunity in these uncertain times. It brings about a decidedly hopeful situation by offering a remedy beneficial for the stakeholders.
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