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Philippine Bar review · Question

Practice question: Trust Fund Doctrine

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Practice question

A shareholder relies on a gratuitous release of an unpaid subscription that prejudices creditors. Explain the applicable doctrinal inquiry.

Legal references

  • Halley v. Printwell, GR157549, May30 2011, main decision: https://lawphil.net/judjuris/juri2011/may2011/gr_157549_2011.html
  • Enano-Bote v. Alvarez, GR223572, November10 2020, main decision: https://lawphil.net/judjuris/juri2020/nov2020/gr_223572_2020.html

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