News & Updates

Forensic Engineering and Litigation

December 1, 2020

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 as AREIT’s Counsel for AREIT, the Philippines’ First REIT

November 24, 2020

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.

ACCRALAW is ALB’s Philippine Law Firm of the Year

November 23, 2020

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.

The Laws on Credit, Secured Transactions and Insolvency

November 16, 2020

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.

Remedies of Distressed Debtors in the Midst of the Pandemic

November 9, 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 Acts as Counsel for the Underwriters for the Converge IPO

October 28, 2020

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.

ACCRALAW Represents Thailand’s Krungsri in 50% Stake Acquisition in SB Finance Company, Inc.

October 23, 2020

ACCRALAW advised Thailand’s Bank of Ayudha, commonly known as Krungsri, in its acquisition of a 50% stake in SB Finance Company, Inc. (SBF), Security Bank’s consumer finance subsidiary.

Deal-making During a Pandemic

October 23, 2020

ACCRALAW Partner Andre B. Navato was one of the resource speakers at the webinar entitled, “Deal-making in a Pandemic: An Update from Asia” held last 22 October 2020. Mr. Navato shared his insights on how to navigate around the challenges brought about by the pandemic in deal-making. He also talked about his views on the current state of investment opportunities in the Philippines.

ACC Webinar on Philippine Competition Law and the Revised Corporation Code

October 22, 2020

ACCRALAW Of Counsel Teresita J. Herbosa and Partner Eric R. Recalde participated as speakers in the webinar entitled “APAC: Developments on Philippine Competition Law and the Revised Corporation Code” held last 21 October 2020. The webinar was hosted by the Association of Corporate Counsel (ACC).