In these times when loans are easily available through online consumer financing or other private lending companies, when there is easy access to online cash loans without any collateral requirements, complex approval procedures, or prolonged application waiting time, many people resort to purchasing their personal needs and wants by obtaining loans through the aforesaid manner.
In a global world where cross-border transactions are commonplace, disputes inevitably arise. Considering the difference in the substantive laws and procedures in different jurisdictions, the resolution of these disputes requires multilateral agreement and cooperation between and among states.
In a global world where cross-border transactions are commonplace, disputes inevitably arise. Considering the difference in the substantive laws and procedures in different jurisdictions, the resolution of these disputes requires multilateral agreement and cooperation between and among states. Thus, one of the keys issues in this field of human enterprise is the recognition and enforcement of foreign court decisions.
Previously, landowners were prohibited under CA (Commonwealth Act) No. 141 from selling or mortgaging their lands for the first five years from the grant of free patent. These lands could not also be held liable for the satisfaction of any debt contracted prior to the expiration of the period.
Pronounced a certain way, Doctor Drai does not seem too different from Dr. Dre. However, trademark laws see (or hear) otherwise.
In the case of Andre Young v. Draion M. Burch, DO, gynecologist Dr. Draion M. Burch sought to register the “Doctor Drai” mark for obstetric and gynecology services, among other things.
The Revised Corporation Code (RCC), which took effect on Feb. 23 this year, introduced amendments to the otherwise outdated Corporation Code. One of the amendments can be found in Section 143 of the RCC which prescribed the amount of required securities deposit for branch offices of foreign corporations.
On May 13, 2018, the nation mourned the loss of one of the greatest statesmen to have served the country: Sen. Edgardo J. Angara.
In the past, it was thought that only simple jobs could be replaced by technology. However, with the onset of artificial intelligence (AI), even work which requires legal analysis is about to face stiff competition.
After years of uncertainty, the Supreme Court (SC) finally laid to rest whether the Department of Justice, through its chief, may issue hold departure orders (HDOs) and watchlist orders (“WLOs”) to prevent people under investigation from leaving the country.
With the recent progress of House Bills 6027 and 6595, more popularly known as the divorce bill and same-sex marriage bill, respectively, proponents say the Philippines is set to finally join the ranks of countries that have modernized their laws on marriage and family relations.
Perjury is one of the vilest crimes that one can commit. With the stroke of a pen or slip of the tongue, it can ruin a man’s reputation, or worse, send him to a detention cell or prison.
Just a few days after it took effect, the Tax Reform for Acceleration and Inclusion (TRAIN) law has set off more than just a few alarms. In addition to allegations it was procedurally infirm (there is a pending case in the Supreme Court challenging it), TRAIN has been criticized as being antipoor.
Over the recent past, the media has been abuzz with complaints from the investing public about the price at which publicly listed companies (PLCs) that are going private are buying back their shares.
To address shareholder complaints, the Philippine Stock Exchange (PSE) is reportedly proposing an amendment of its delisting rules to require that the applicant PLC submit three names from which the PSE will choose the company that will perform the valuation appraisal for its shares.
Christopher Louie D. Ocampo and Paula P. Plaza from the Firm’s Litigation and Dispute Resolution Department co-authored the ASEAN Fintech Ecosystem Benchmarking Study. This study was jointly produced by the Cambridge Centre for Alternative Finance at Cambridge Judge Business School, the Asian Development Bank Institute and FinTechSpace.
With the advent of Republic Act No. 11232, otherwise known as the “Revised Corporation Code of the Philippines,” (RCC) which became effective on Feb. 23, one need not assemble a group of at least five individuals in order to establish a Philippine domestic corporation.
Competition law is a growing field of practice in the Philippines. Francisco Ed. Lim, Eric R. Recalde, Korina Ana T. Manibog contributed an article to Asian Mena Counsel’s publication providing updates to lawyers in the Philippines and foreign jurisdictions.
Intellectual property law is a specialized field of practice. The Firm’s Intellectual Property Department is well-versed with developments in this field. The Firm’s Victor Basilio N. De Leon, Richmond K. Lee, Jose Eduardo T. Genilo, and Joan Janneth M. Estremadura co-authored the Philippine Chapter on Patent Litigation which is one of the different guides published by Chambers Global.
Renz J. Pagayanan and Agustin P. Geraldez are lawyers from the Firm’s Corporate and Special Projects Department. They contributed articles to the Asian-Mena Counsel’s publication on updates in Philippine laws.