Ficial Rehabilitation and Insolvency Act

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Republic Act No. 10142: Ficial Rehabilitation and Insolvency Act

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Title Source: Supreme Court: Ficial Rehabilitation and Insolvency Act

Law: Republic Act No. 10142

Decision Date: Jul 18, 2010

The Financial Rehabilitation and Insolvency Act (FRIA) of 2010 is a Philippine law that governs the financial rehabilitation and insolvency proceedings of individuals and entities, providing provisions on challenging claims, rescinding transactions, liquidation plans, and cross-border insolvency proceedings, among others.

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