A.I. Powered: Philippine Bar Reviewer

Question

IV. SPECIAL CIVIL ACTIONS - A. Interpleader (Rule 62)

A company holds a pension plan for its employees, and it receives contributions from both the company and its employees. Due to financial difficulties, the company is unable to fulfill its obligations to the employees and decides to file for bankruptcy. The employees are concerned about the status of their pension contributions and are uncertain about who should be held responsible for the payments. The company decides to file an interpleader action to resolve the issue.

1. What is the purpose of an interpleader action? Explain.

2. Can an interpleader action be filed by a company in bankruptcy? Discuss the legal basis for your answer.

3. Discuss the requirements for a valid interpleader action under Rule 62 of the Rules of Court.

1. Explain the jurisdiction of the court in an interpleader action.
2. Discuss the duties and liabilities of the claimants in an interpleader action.
3. Can a party in an interpleader action be held liable for costs and damages? Explain.

---

Answer