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Reporter: Antonio Jose Gerardo T Paz
Index
A. A BRIEF OVERVIEW OF THE PHILIPPINE LEGAL SYSTEM
B. INSOLVENCY LAWS IN THE PHILIPPINES
C. REHABILITATION PROCEEDINGS
i. Court-supervised rehabilitation proceedings
a. Commencement order b. Suspension or stay order c. Rehabilitation receiver and management committee d. Court's action at the initial hearing e. Rehabilitation plan f. Creditor's committee g. Administrative expenses and post-filing credits h. Termination of rehabilitation proceedings
ii. Appeal in rehabilitation proceedings
iii. Pre-negotiated rehabilitation
iv. Out-of-court or informal workout
D. CONVERSION TO LIQUIDATION PROCEEDINGS
i. Commingling of assets of related entities
E. TREATMENT OF FOREIGN CREDITORS OR CORPORATIONS
i. Right of foreign creditors or corporations to initiate or intervene in rehabilitation proceedings