Automatic Stay: An Analysis of the Conflicting Jurisprudence Regarding Suspension of Claims against a Distressed Corporation under Corporate Rehabilitation
The case of BPI vs CA (229 SCRA 223) is contrary to the case of RCBC vs IAC (320 SCRA 279). It caused a conflicting jurisprudence as to when suspension of claims commenced. The application of automatic stay, which suspends all claims against distressed corporation upon the filing the petition, offers a workable solution for …