Tag: Legal News
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Supreme Court Slams Metrobank: Foreclosure Voided Over Missing PHP 12M in Loan Payments
The Supreme Court of the Philippines (SC) has struck down the foreclosure sale of a mortgaged property initiated by Metropolitan Bank and Trust Company (Metrobank), citing the bank’s failure to properly account for loan payments made by the borrowers. In a landmark ruling penned by Associate Justice Mario V. Lopez, the SC’s Second Division sided…
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Court of Appeals Grants Temporary Reinstatement to Suspended Antique Provincial Board Members
In a significant legal development, the Court of Appeals’ 4th Division has issued a temporary restraining order (TRO) that mandates the reinstatement of eight Antique Provincial Board members who were previously suspended. The decision, announced on November 7, 2024, and received by the petitioners on November 8, effectively allows these officials to resume their duties…
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