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Philippine Bar review · Question

Practice question: Liquidation

Essay Hard

Practice question

A secured creditor wants to participate in electing the liquidator. Explain its alternatives and the general timely-claim requirement under Section 115.

Legal references

  • RA 10142 (FRIA), Sections 4, 7, 9, 17-18, 31-35, 64-70 and 115-121: https://lawphil.net/statutes/repacts/ra2010/ra_10142_2010.html

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