G.R. No. 202052 - Securities and Exchange Commission vs. College Assurance Plan Philippines, Inc.

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G.R. No. 202052: Securities and Exchange Commission vs. College Assurance Plan Philippines, Inc.

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Title Supreme Court: Securities and Exchange Commission vs. College Assurance Plan Philippines, Inc.

Case: G.R. No. 202052

Decision Date: Mar 7, 2018

CAP's trust fund, intended for planholders, faced a ₱3.179B deficit. MRT III Bonds were purchased to address this, but payment disputes arose. SC ruled trust funds are exclusive to planholders, barring creditor claims like Smart/FEMI's.

securities and exchange commission

trust fund

planholders

Long 29 min

1.7x of typical case length

END