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A Dawn of a New Era in Philippine Immigration Law

Since its passage on 26 August 1940, Commonwealth Act. No. 613, or the “Philippine Immigration Act of 1940,” has been the definitive guide on the issuance of Philippine visas, exclusion and deportation proceedings, the powers and structure of the Bureau of Immigration (“BI”), and other reportorial requirements that a foreign national must comply with in order to legally stay in the Philippines.

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ACCRALAW as Joint Lead Underwriters and Joint Bookrunners’ Counsel in SM Prime Holdings, Inc. Php33.3B Bond Issuance

ACCRALAW acted as counsel to the Joint Lead Underwriters and Joint Bookrunners, BDO Capital & Investment Corporation, China Bank Capital Corporation, BPI Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation in connection with the issuance by SM Prime Holdings, Inc. (“SM Prime”) of Php33.3 Billion Peso-denominated Series S, T, and U fixed rate bonds.

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Navigating Social Media as a Lawyer:Key Changes in the New Code of Professional Responsibility and Accountability

With consultations from over 2,000 law practitioners nationwide, the newly revised CPRA (A.M. No. 22-09-01-SC) aims “for a more ethical and faithful practice of the profession” which is designed to be “a modern, relevant and responsive guide for a lawyer’s conduct”.

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Sale of Home Credit Philippines

ACCRALAW acted as Philippine counsel to HC Philippines Holdings B.V., in connection with the sale of HC Consumer Finance Philippines, Inc. (“Home Credit Philippines”) and its affiliate companies HCPH Financing 1, Inc. and HCPH Insurance Brokerage, Inc, to Bank of Ayudhya PCL, the fifth largest financial group in Thailand, and Mitsubishi UFJ Financial Group, a global financial leader from Japan.

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