December 23, 2015

As Filipinos become more technologically-savvy, local entrepreneurs find themselves using the Internet to market and boost the sale of products. Since Christmas is fast approaching, more and more people sell products online, taking advantage of the hype and success of social media platforms like Facebook. All of a sudden, our Facebook newsfeed is flooded with numerous choices of goods, such as... Read More

December 17, 2015

In my Oct. 15, 2015 column, I discussed a fairly recent trend where our Supreme Court is now trying to strike the right balance in rehabilitation law. It is trying to do it by enforcing provisions of the Financial Rehabilitation and Insolvency Act (FRIA) and the Financial Rehabilitation Rules of Procedure (FR Rules) requiring that a petition for rehabilitation must include material financial... Read More

December 03, 2015

A program that was launched in the recently-concluded Asia-Pacific Economic Cooperation (Apec) conference in Manila was the Financial Infrastructure Development Network (FIDN). The FIDN is the brainchild of the Philippines, the host country for the 2015 Apec conference. It is a roadmap to make financial growth inclusive in the Apec region. In his introductory remarks during the... Read More

December 02, 2015

At the wake of the Asia-Pacific Economic Cooperation summit, which the Philippines hosted this year, social media and the news were abuzz with the plight of a prominent lawyer and his family, who were stranded in a foreign country due to their inbound flight to Manila being canceled as Manila was declared as a no-fly zone. In the lawyer’s statement posted on his social media account, the... Read More

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

October 28, 2015

We are currently observing the Intellectual Property Awareness month and I thought it fitting to share my participation in the fairly recent academic conference called “The Sixth Conference on European and Asian Intellectual Property Rights: Exploring Sensible Mechanisms of Paying for Copyright,” at the Academica Sinica, Taipei, Taiwan this year.   I was privileged to participate in the... Read More

October 21, 2015

With the goal of promoting transparency and ensuring accountability among companies, businesses are enjoined under the Corporation Code to keep books and records of all their business transactions and to file annual reports and audited financial statements with the Securities and Exchange Commission (SEC). Any corporation who fails to submit these reportorial requirements runs the risk of being... Read More