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Shareholders’ Approval on Sale of Corporate Assets

Leave a Comment / Amicus Curiae, Publications /

Under Section 39 of the Revised Corporation Code (RCC), a corporation may, by a majority vote of its board of directors or trustees, sell or otherwise dispose of its property and assets, upon such terms and conditions and for such consideration as its board of directors or trustees may deem expedient. However, if the sale involves a sale of all or substantially all of the corporation’s properties and assets, including its goodwill, the vote of the stockholders representing at least two-thirds of the outstanding capital stock, or at least two-thirds of the members shall also be required.

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The Duty to Disclose and the Right to Privacy at the Time of the COVID-19 Pandemic

Leave a Comment / Amicus Curiae, Publications /

With reports and narratives about discrimination and harassment of suspect, probable, and confirmed cases of coronavirus disease 2019 (COVID-19) — including calls to make the personal information of these cases available to the general public — circulating heavily since the government declared a state of public health emergency throughout the Philippines, it is imperative to know that Philippine laws provide adequate measures of protection against the unwarranted invasion of one’s right to privacy.

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Victor P. Lazatin and Emerico O. de Guzman Recognized as Asia Pacific Legal 500 Hall of Famers

Leave a Comment / 2020, News & Updates /

ACCRALAW Of Counsel Victor P. Lazatin and Senior Partner Emerico O. de Guzman were inducted into The Legal 500’s inaugural Asia Pacific Hall of Fame.

To be part of The Legal 500’s Asia Pacific Hall of Fame is indeed a distinct recognition. It reflects not only on the individual’s achievements but of the Firm’s ability to serve its clients with expert and skilled practitioners.

Victor P. Lazatin and Emerico O. de Guzman Recognized as Asia Pacific Legal 500 Hall of Famers Read More »

Hello, Lockdown, Goodbye: Exit Strategy for COVID-19

Leave a Comment / Amicus Curiae, Publications /

Undeniably, the enhanced community quarantine (ECQ), which was imposed by the National Government in the entirety of Luzon, and by different local government units (LGUs) in the other parts of the Philippines, has saved many lives. In its latest report, the University of the Philippines COVID-19 Pandemic Response Team determined that at the time of the imposition of the Luzon-wide ECQ,

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ACCRALAW’s Benchmark Litigation Rankings

Leave a Comment / 2020, News & Updates /

In the 2020 edition of Benchmark Litigation Asia-Pacific, ACCRALAW was described as a “market leader with capability in handling a vast range of complex and high-value disputes.” It also added that “[t]he Firm has a strong track record acting on high-profile commercial litigation employment and regulatory disputes as well as international arbitration”.

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George S.D. Aquino Lectures on the Amendments to the Revised Rules on Evidence

Leave a Comment / 2020, News & Updates /

ACCRALAW Partner George S.D. Aquino conducted an online lecture to discuss the amendments to the Rules on Evidence on 30 April 2020, in view of the recently issued A.M. No. 19-08-15-SC, or the 2019 Revised Rules on Evidence. The webinar was hosted by the Makati City Chapter of the Integrated Bar of the Philippines (IBP) in partnership with Quisumbing Torres.

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Eusebio V. Tan Awarded by the Japanese Government

Leave a Comment / 2020, News & Updates /

Eusebio V. Tan has been conferred with “The Order of the Rising Sun, Gold Rays with Neck Ribbon” by the Government of Japan. According to a statement from the Embassy of Japan, this recognition is awarded to “those who have made distinguished achievement in international relations, promotion of Japanese culture, advancements in their field, development in welfare or preservation of the environment.” Mr. Tan’s “valuable contribution to strengthening the economic relations between Japan and the Philippines” was recognized.

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