News & Updates

In a Resolution dated 15 May 2024, the Supreme Court affirmed the decision of the Court of Tax Appeals (“CTA”) to refund Php 17 million to Y&R Philippines, Inc. (“Y&R”).

On 10 July 2024, ACCRALAW’s Cebu Branch conducted its annual legal forum at Cebu City Sports Club with the theme, “Accelerating Innovation in Law and Business”. It was attended by more than 100 participants from leading local and multinational companies in Cebu and in the Visayas region, as well as law students from the University of San Carlos.

ACCRALAW acted as defense counsel for Nobel Laureate Maria A. Ressa and Rappler Holdings Corporation (“RHC”) in a criminal case for tax evasion filed with the Regional Trial Court of Pasig City (“RTC Pasig”). To recall, after trial, Ms. Ressa and RHC were acquitted in a Decision dated 12 September 2023.

The Integrated Bar of the Philippines Journal and the Philippine Bar Association (“PBA”) organized a legal forum entitled “AI and the Law”. It was a forum open to all law practitioners and students interested to learn the basics of artificial intelligence and its impact on Philippine laws. More than 100 lawyers attended and earned Mandatory

Together with Herbert Smith Freehills and HKA, ACCRALAW held a half-day seminar entitled “Staying On Track: Successfully Navigating Rail Projects in the Philippines”. It was held at the Discovery Primea, Makati City last 15 May 2024.

The Intellectual Property Office, in partnership with the De La Salle University Intellectual Property Office, invited ACCRALAW to its 3rd Intellectual Property (IP) Career Expo held last 17 July 2024.

ACCRALAW acted as counsel to the Joint Issue Managers, Joint Lead Underwriters and Bookrunners, RCBC Capital Corporation, Unicapital, Inc., and Development Bank of the Philippines, in connection with the Php6 Billion Pesos 3.5-year 8.0080% Bonds (the “Bonds”) issued by DoubleDragon Corporation (“DoubleDragon”).

ACCRALAW acted as counsel to the Joint Issue Managers, Joint Lead Underwriters, and Bookrunners, PNB Capital and Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation, in connection with Megawide Construction Corporation’s offering of Php5 Billion Fixed Rate Bonds, comprised of 7.6348% Series C Bonds due 2027, 8.0580% 5-year Series D Bonds due 2029, and 8.4758% 7-year Series E Bonds due 2031.

ACCRALAW has been recognized by Managing IP in the 2024 edition of the IP STARS. The Firm maintained its Tier 1 ranking in the practice areas of Trademark and Patent.

ACCRALAW Partner Richmond K. Lee was a speaker at the 2024 New Southbound Intellectual Property Conference in Taipei, Taiwan last 18 and 19 June 2024. The conference was jointly organized by the Taiwan Intellectual Property Office (“TIPO”), the Taiwan Patent Attorneys Association (“TWPAA”) and the Asian Patent Attorneys Association (“APAA”) Taiwan Group.