News and Updates

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.

ACCRALAW acted as legal counsel to the Joint Lead Underwriters and Bookrunners, BDO Capital & Investment Corporation, China Bank Capital Corporation, BPI Capital Corporation, East West Banking Corporation, First Metro Investment Corporation, Land Bank of the Philippines, and SB Capital Investment Corporation in connection with SM Prime Holdings, Inc.’s (“SM Prime”) shelf registration of Debt Securities amounting to One Hundred Billion Pesos (PhP100,000,000,000.00) with an initial offering of up to Twenty Billion Pesos (PhP20,000,000,000.00) Fixed Rate Bonds and an oversubscription option of up to Five Billion Pesos (PhP5,000,000,000.00) consisting of 3-year Series V Bonds, due on 2027, 5-year Series W Bonds, due on 2029, and 7-year Series X Bonds, due on 2031.

ACCRALAW Partner Eric R. Recalde and Senior Associate Antonio Bonifacio C. Reynes played. Mr. Recalde was among the leading scorers and was awarded Runner Up in the Class A Division.

ACCRALAW acted as counsel to UBS AG, Singapore Branch (Sole Global Coordinator and Joint Bookrunner), BDO Capital & Investment Corporation (Domestic Lead Manager and Joint Bookrunner), CLSA Limited, PNB Capital and Investment Corporation, RCBC Capital Corporation, and SB Capital Investment Corporation (Co-Lead Underwriters), and Investment & Capital Corporation of the Philippines (Participating Underwriter) in the initial public offering (“IPO”) of Citicore Renewable Energy Corporation (“CREC”). CREC raised PHP5.3 Billion from the sale of its primary shares and was listed on the Philippine Stock Exchange on 7 June 2024.

ACCRALAW Senior Partner Oliver L. Pantaleon has been awarded Benchmark Litigation Asia Pacific 2024 Lawyer of the Year for the Philippines.