ACCRALAW’s Chambers Asia-Pacific Rankings for 2022
ACCRALAW was recognized as a leading law firm in various practice areas by Chambers Asia-Pacific for 2022.
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ACCRALAW’s Legal 500 Asia-Pacific Rankings for 2022
ACCRALAW continues to be ranked as a Top-Tier Firm by The Legal 500 Asia-Pacific for 2022. ACCRALAW was recognized as a Tier 1 Firm in eight (8) practice areas: Banking and Finance, Capital Markets, Corporate and M&A, Dispute Resolution, Immigration, Labor and Employment, Real Estate and Construction, and Tax.
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ACCRA LAW Acts as Philippine counsel to the Local Lead Underwriters and Joint Global Coordinators for the US$1 Billion Monde Nissin Initial Public Offering
ACCRALAW acted as Philippine Counsel to the Local Lead Underwriters and Joint Global Coordinators for the initial public offering (IPO) of Monde Nissin Corporation (MONDE).
ACCRALAW Assisted the Keepers Holdings, Inc. in its ₽4.5 Billion Follow-on Public Offering
ACCRALAW acted as counsel to the issuer, the Keepers Holdings, Inc. formerly known as Da Vinci Capital Holdings (KEEPR) in its ₽4.5 Billion follow-on public offering which was listed in the Philippine Stock Exchange last 19 November 2021.
Retirement of Emerico De Guzman and Ana Lourdes Teresa Oracion
Emerico O. De Guzman and Ana Lourdes Teresa Arnaldo-Oracion have retired from the Firm effective 31 December 2021. Although they have retired from the partnership, they will continue to contribute to the Firm in their capacity as Of Counsels.
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Leniency for Participants in Anti-Competitive Agreements
Section 35 of Republic Act No. 10667, otherwise known as the Philippine Competition Act (“PCA”), provides that the Philippine Competition Commission (“PCC”) shall develop a Leniency Program (‘Program”) for a participant in an anti-competitive agreement as provided in Section 14(a) and 14(b) of the PCA.
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Patricia-Ann T. Prodigalidad and Leland R. Villadolid Jr. Leading ACCRALAW
Senior Partners Patricia-Ann T. Prodigalidad and Leland R. Villadolid Jr. have been elected by the Firm’s partners as Managing Partner and Co-Managing Partner, respectively. They are tasked to lead the ACCRALAW on its 50th year of founding.
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ACCRALAW Advises on the IPO of Solar Philippines Nueva Ecija Corporation
The Firm recently acted as counsel to the issue manager and lead underwriter in the initial public offering of Solar Philippines Nueva Ecija Corporation (SPNEC), the developer of what is planned to be the largest solar project in Southeast Asia. SPNEC made its trading debut on the Main Board of the Philippine Stock Exchange (PSE) on 17 December 2021.
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Opening Doors to Public Service
Last 15 December 2021, Senate passed on third and final reading Senate Bill No. 2094, which seeks to amend Commonwealth Act No. 146, otherwise known as the Public Service Act (PSA). The Senate Bill attempts to streamline and liberalize the current restrictions placed on the ownership, management, and control of public utilities and public services.
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The Fine Line Between Vaccinated and Unvaccinated Employees
Early in 2020, the entire country was caught unawares by the COVID-19 virus, and it seemed as if everything had to be put on hold to curb its spread. Unfortunately, businesses were not exempted from such a turn of events.
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