As early as Dec. 31, 2019, the World Health Organization (WHO) was informed of the steadily increasing number of cases of pneumonia of unknown etiology detected in Wuhan City, Hubei Province of China. Over the next three weeks, researchers connected the spread of the outbreak to a market in Wuhan City
Much has been said about the feature of the Revised Corporation Code (RCC) allowing corporations to have perpetual existence under Section 11 of the RCC. Yet, there is also a nifty feature tucked in under the same section allowing the revival of those corporations whose corporate terms have expired.
On Jan. 12 — nearly half a century after its last eruption — Taal Volcano had a phreatic eruption, causing ash to fall on numerous cities and necessitating the evacuation of families living near the volcano. With the sudden turn of events, immediate evacuation and disaster preparations were necessary for the affected areas, and schools and offices were constrained to suspend their operations to make way for the same.
How difficult is it to do business in the Philippines in comparison to other economies?
One way to answer this complex question is to look at the annual Ease of Doing Business Index issued by the World Bank. As its name suggests, the Index ranks almost all the world’s economies according to how easy it is to do business.
To quote Former Chief Justice Artemio Panganiban: “Trial courts are the dispensers of justice closest to the poor.” But when the demand for justice is clearly disproportionate to that of the number of our judges in the lower courts, how can justice even be dispensed?
In 2010 there was a discussion on whether robots should be granted rights or what was termed as “robo-rights.” This stemmed from the consideration that robots may develop the ability to reproduce, develop artificial intelligence, and even possibly, create something independent of its inventor or developer.
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.
John Paul M. Gaba, a Partner from the Firm’s Intellectual Property Department, authored the Philippine chapter of “A Global Roadmap to Personal Data Protection: Asia Pacific, Europe & USA”, published by Meritas. It is the second edition of this volume.
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.