2020

During the Asian Legal Business Philippine Law Awards held online on 20 November 2020, ACCRALAW was awarded the Arbitration Law Firm of the Year.

During the Asian Legal Business’ Philippine Law Awards, ACCRALAW was awarded the Tax and Trusts Law Firm for the Year for 2020. ACCRALAW’s tax advisory and litigation practice is steadily growing.

The Asian Legal Business (ALB) recognizes the top tier law firms and in-house teams in different jurisdictions. Last 20 November 2020, the ALB held the Philippine Law Awards and among the awards given to ACCRALAW is the Litigation Law Firm of the Year.

The In-House Community eCongress Philippines was successfully held on 18, 24 and 25 November 2020. It is the In-House Community’s 7th annual forum in the Philippines.

Upon the invitation of the University of the Philippines (UP) College of Engineering, ACCRALAW Senior Partner Patricia-Ann T. Prodigalidad and Partner Chrysilla Carissa P. Bautista joined the panel on “Forensic Engineering and Litigation”. Ms. Prodigalidad and Ms. Bautista currently teach Evidence and Criminal Procedure, respectively, in the UP College of Law. Also in the panel is Atty. Sandra Olaso-Coronel, a fellow faculty from the UP College of Law.

ACCRALAW assisted Ayala Land, Inc. (ALI) in the first real estate investment trust (REIT) offering in the Philippines and acted as Philippine counsel to AREIT, Inc. (AREIT) in its initial public offering of 456,883,000 common shares, with an overallotment option of 45,688,700 common shares. On 13 August 2020, AREIT’s shares were listed on The Philippine Stock Exchange, Inc.

On 20 November 2020, Asian Legal Business (ALB) held its 5th Annual Philippine Law Awards virtually.

ACCRALAW was awarded Philippine Law Firm of the Year for the third consecutive year.

Despite the challenges faced by the legal and business sectors due to the current health crisis, ACCRALAW has been relentless in its pursuit to address the growing and changing needs of its clients. It has reaped the gains of investing in its legal complement and technological enhancements.

Eric R. Recalde, Partner and Head of the Firm’s Tax Department, launched his latest book entitled “The Laws on Credit, Secured Transactions and Insolvency”. He co-authored this book with his wife, Marie Tanya Z. Recalde. The virtual book launch was coupled with a webinar on the salient topics of their book. It was held online last 14 November 2020.

ACCRALAW Partner and Head of the Firm’s Tax Department Eric R. Recalde delivered a series of lectures focused on the recent developments on the Laws on Credit, Secured Transactions and Insolvency and shared his insights on the remedies under the Financial Rehabilitation and Insolvency Act (FRIA) to businesses disrupted by the CoVID-19 Pandemic.

ACCRALAW acted as Philippine counsel to the underwriters for the initial public offering (IPO) of Converge Information and Communications Technology Solutions, Inc. (Converge). The Converge IPO is the largest IPO in the Philippines since 2016 raising Php 25.3 Billion. Converge is the largest high-speed fixed broadband operator in the Philippines and the only pure-play high-speed fixed broadband provider, with an exclusive focus on serving the Philippine fixed broadband market.