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Archive

November 25, 2015

As most of us are aware, Philippine labor laws are tilted heavily in favor of labor. In fact, the Labor Code itself expressly provides that all doubts in the interpretation and implementation of labor laws shall be resolved in favor of labor. With the issuance of Department Order (DO) 147-15, the battle just became harder for management. As every human resources practitioner knows,... Read More

November 19, 2015

Is the sale of a controlling interest in a corporation necessarily a sale of securities governed by the Securities Regulation Code (SRC)? The question appears simple as the sale invariably involves sale of shares, which are included in the definition of the term “securities” under the SRC. The question has not yet been decided in the Philippines, but it is not unlikely that it will crop... Read More

November 05, 2015

The Enactment of the Philippine Competition Act (PCA) has given rise to a myriad of issues for businesses. One of these is whether there can be interlocking directors in different boards. Say, can an individual simultaneously serve as a director in competing businesses? In the United States, the prohibition has been around for about 100 years. There are two legal bases for prohibiting... Read More

November 04, 2015

In the midst of the 2013 elections, a tarpaulin was posted within the front walls of a cathedral in Bacolod City. The tarpaulin, measuring approximately 6 feet x 10 feet, had the words “Team Patay (Dead)” with an X mark, and “Team Buhay (Alive)” with a ? mark. Certain electoral candidates were then classified to either Team Patay or Team Buhay, depending on their vote on the Reproductive Health... Read More