Amicus Curiae

The following articles were also published in BusinessWorld.

July 10, 2013

The 2012-2013 World Economic Forum – Global Competitiveness Report proclaimed  the Philippines as one of the countries which showed most improvement for the covered year, “[advancing] 22 places since reaching its lowest mark in 2009.” Despite this positive trend, however, the Report observed that many weaknesses in the country remain to be addressed, such as corruption and the inadequate... Read More

July 03, 2013

RENOWNED Litigator David Boies, in his autobiography Courting Justice, summed up litigation practice in a poignant and most illustrative manner.  He said “(i)n virtually every case there are truths that favor each side.  The examiner, by controlling the questioning, is able to focus on those that favor his client.  Witnesses are then forced to make uncomfortable choices.  They... Read More

June 26, 2013

With the issuance of Revenue Regulations No. (RR) 6-2013 last April, the Bureau of Internal Revenue (BIR) has tightened the tax rules on transactions involving the sale of unlisted shares of stock. RR 6-2013 prescribes a new method to determine the fair market value (FMV) of shares to be sold. Under the previous rule, the FMV of shares is its book value i.e., total assets minus total liabilities... Read More

June 19, 2013

Nelson Mandela once said, “Education is the most powerful weapon which can be used to change the world.” Last June 3, 2013, over 23 million elementary and high school students in more than 45,000 public schools nationwide started, or continued, their journey to change the world. Markedly, however, most of them began the school year not only with new uniforms and new classmates, but with an... Read More

June 12, 2013

The action to quiet title, or remove clouds from title, to real estate, is a well-established remedy in American law. It has for its purpose the quieting of title or removal of a cloud therefrom when there is an apparently valid or effective instrument or other claim which in reality is void, ineffective, voidable or unenforceable.[1] In the Philippines, Article 476 of the New Civil Code... Read More

Maria Monette F. Mesa

April 04, 2013

Empowering female employees through legislation is like a double-edged sword that cuts both ways - it can either help or harm women. Undoubtedly, while providing protective measures for women is beneficial and promotes gender equality at its core, women also have to contend with the fact that these “benefits” increase the direct cost of employers and if unguarded, may lead to indirect... Read More

April 04, 2013

In 2010, the PSE released its minimum public ownership (MPO) rules requiring publicly listed companies to have at least 10% ownership by the public. The PSE required all publicly listed companies to comply with the said percentage requirement until 2014. Sometime in 2011, the SEC directed the PSE to amend the MPO rules. The amended MPO rules, among others, shortened the compliance period given to... Read More