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Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or shehab.khurshid@legalease.co.uk

 

Legal Developments Worldwide

Articles contributed by SyCip Salazar Hernandez & Gatmaitan

View the listing for SyCip Salazar Hernandez & Gatmaitan

IBA Taxes Committee: “Developments in Philippine Tax Laws and Regulations”

October 2017 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The International Bar Association’s (IBA) Taxes Committee published its annual update on tax developments by jurisdiction for 2017. The 2017 update includes a Philippine report by SyCipLaw partner Hiyasmin H. Lapitan entitled “Developments in Philippine Tax Laws and Regulations”. The Philippine report summarizes recent updates related to tax treaty relief, passed-on gross receipts tax, alternative modes of paying taxes, reduction of real property tax on independent power producers, and case law, as well as upcoming tax reform developments.

ALB: “Enforcement Update: Philippine Competition Act”

October 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The August 2017 issue of the Asian Legal Business (ALB) includes a Philippine regional update by SyCipLaw partner Arlene M. Maneja entitled, “Enforcement Update: Philippine Competition Act”. The article summarizes the administrative, civil and criminal penalties that apply to companies that have yet to comply with the Philippine Competition Act (PCA). The transitional clause of the PCA to enable parties to renegotiate agreements or restructure their businesses to comply with the law expired on August 7, 2017.

CPO: “Philippines: To Be or Not To Be a Data Protection Officer (DPO)”

October 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Chief Privacy Officer (CPO) Magazine, an online publication owned by Data Privacy Asia, featured an article by SyCipLaw partner Rose Marie M. King-Dominguez. Entitled “Philippines: To Be or Not To Be a Data Protection Officer (DPO)”, the article discusses the qualifications and responsibilities of a DPO as outlined in the Philippine Data Privacy Act of 2012. It also outlines difficulties companies may experience in the appointment of a DPO.

The Public-Private Partnership Law Review 3rd Edition

October 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine chapter of The Public-Private Partnership Law Review 3rd edition was contributed by SyCipLaw partners Marievic G. Ramos-Añonuevo and Arlene M. Maneja. The chapter includes information on public-private partnerships (PPPs) in the Philippines, including general framework, bidding and award procedure, contractual arrangements, financing, and recent developments and decisions.

ALB: “Guidelines on Related Party Transactions for Insurers in the Philippines”

October 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The July 2017 issue of the Asian Legal Business (ALB) includes a Philippine regional update by SyCipLaw partner Hiyasmin H. Lapitan and associate Jo Margarette W. Remollo entitled, “Guidelines on Related Party Transactions for Insurers in the Philippines”. The article summarizes the Insurance Commission’s compliance guidelines on related party transactions, as set out in Insurance Circular Letter No. 2017-29. The Circular covers insurers, reinsurers, branch offices of foreign insurers, mutual benefit associations, pre-need companies, and health maintenance organizations and their intermediaries.

Philippines Chapter in The Tax Disputes and Litigation Review - Edition 5

May 2017 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The Tax Disputes and Litigation Review - Edition 5 contains information on commencing disputes, including national and local taxes; courts and tribunals; penalties and remedies; tax claims, including recovering overpaid taxes, challenging administrative decisions, and claimants; costs; alternative dispute resolution; anti-avoidance; double taxation treaties; areas of focus; and outlook and conclusions. The section was contributed by SyCipLaw partner Carina C. Laforteza with support from associate Mark Xavier D. Oyales.

IFLR: “Philippines: Acquiring insurance brokers”

May 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The April issue of the International Financial Law Review (IFLR) includes an international briefing article by SyCipLaw partner Hiyasmin H. Lapitan entitled “Philippines: Acquiring insurance brokers”. The article discusses the new requirement by the Philippine Insurance Commission (IC) for advance approval to acquire a stake in a Philippine corporation that is licensed as an insurance broker or reinsurance broker. This requirement is noted in the IC’s circular letter number 2017-09 dated February 14, 2017, which prescribes guidelines on the documentation requirements for acquiring a domestic insurance or reinsurance broker.

SyCipLaw Tax Bulletin: Philippine BIR Rules on Proper Tax Treatment of Passed-on Gross Receipts Tax

May 2017 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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On June 13, 2016, the then Commissioner of Internal Revenue issued Revenue Memorandum Circular No. 62-2016 purporting to clarify the proper tax treatment of percentage tax or gross receipts tax (GRT) due on transactions covered by Sections 1211 and 1222 of the Tax Code which are shifted through contractual stipulations to borrowers/customers/clients (“passed-on” GRT). Banks, non-bank financial intermediaries performing quasi-banking functions are subject to GRT under Section 121 while financing companies and other financial intermediaries not performing quasi-banking functions are subject to GRT under Section 122. The effectivity of this circular was suspended on July 1, 2016 by the new Commissioner of Internal Revenue. However, on November 15, 2016, the suspension was lifted by RMC No. 127-2016 rendering RMC No. 62-2016 effective immediately.

Philippine Court of Appeals Denies Issuance of Environmental Protection Order Against Mining Company

April 2017 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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In a decision issued on March 8, 2017, the Philippine Court of Appeals (CA) denied the petition by NGO Ang Aroroy ay Alagaan, Inc. and certain individuals, for the issuance of a writ of kalikasan against Filminera Resources Corporation, and its directors and officers. The petitioners have claimed that Filminera, which operates in the Philippine province of Masbate, had been causing environmental damage in the conduct of its mining operations in violation of local law, and that a writ of kalikasan should be issued.

SyCipLaw TMT Bulletin: Philippine Central Bank Issues New FinTech Rules

March 2017 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Bangko Sentral ng Pilipinas (BSP) (the Philippine Central Bank) has issued two new circulars that will be of interest to companies engaged in remittance services, e-money, digital currency, and other fintech businesses. Both circulars amend portions of the BSP Manual of Regulations for Non-Bank Financial Institutions.

IFLR: “Philippines: Foreign equity ownership decision”

March 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The March issue of the International Financial Law Review (IFLR) includes an international briefing article by SyCipLaw partner Jose Florante M. Pamfilo entitled “Philippines: Foreign equity ownership decision”. The article discusses the Philippine Supreme Court decision on the case of Roy v. Herbosa (GR no. 207246) to invalidate the Securities and Exchange Commission (SEC) Memorandum Circular no. 8-2013 (MC 8-2013) on the guidelines on compliance with the Filipino-foreign ownership requirements prescribed in the Philippine Constitution and/or existing laws by corporations engaged in nationalized and partly nationalized activities.

Doing Business 2017: Equal Opportunity for All

March 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The World Bank Group has released its Doing Business 2017: Equal Opportunity for All report. This is the 14th in an annual series of reports providing objective measures of business regulations and their enforcement in 190 economies. The report focuses on measuring regulations affecting 11 areas: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulation.

IFLR: “Philippines: Promoting foreign investment”

March 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The February issue of the International Financial Law Review (IFLR) includes an international briefing article by SyCipLaw partner Aaron Roi B. Riturban entitled “Philippines: Promoting foreign investment”. The article focuses on Republic Act no. 10881, which lifts the foreign investment limitations found in laws governing adjustment companies, lending companies, financing companies, and investment houses. Read the article online at the IFLR website.

Enabling the Business of Agriculture 2017

February 2017 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The World Bank Group has released Enabling the Business of Agriculture 2017. The report presents data on legal barriers for farmers, entrepreneurs and businesses operating in agriculture in 62 countries and across the topics of land, seed, fertilizer, machinery, water, livestock, finance, markets, transport, and information and communication technology (ICT). SyCipLaw's Rose Marie M. King-DominguezAlan C. FontanosaFranco Aristotle G. Larcina and Ruben P. Acebedo II contributed to the report.

Geothermal Transparency Guide

February 2017 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) contributed the Philippine chapter of Icelandic law firm BBA’s handbook called the Geothermal Transparency Guide. The publication is intended to provide an overview of the legal and regulatory framework governing exploration, exploitation and production of electricity from geothermal resources. The Philippine chapter was contributed by SyCipLaw partners Hector M. de Leon, Jr. and Angel M. Salita, Jr.

The International Capital Markets Review - Edition 6 - Philippine Chapter

February 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The sixth edition of The International Capital Markets Review is already available. The Philippine chapter outlines governing laws, legislative bodies, and recent jurisprudence, and also contains information on recent developments in relevant laws and regulations, especially those affecting debt and equity offerings and those affecting derivatives, securitizations and other structured products. The chapter was contributed by SyCipLaw partner Maria Teresa D. Mercado-Ferrer, senior associate Joan Mae S. To and associate Jo Marianni P. Ocampo.

ALB: “Single Entry Approach: Mandatory Conciliation and Mediation of Labor Disputes”

January 2017 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The July 2016 issue of the Asian Legal Business (ALB) Asia Edition included a regional update article entitled “Single Entry Approach: Mandatory Conciliation and Mediation of Labor Disputes”, contributed by SyCipLaw partner Marianne M. Miguel and SyCipLaw Associate Mary Grace L. Javier.

ABA: “Justice Antonio T. Carpio, Supreme Court of the Philippines, on the South China Sea Dispute?

January 2017 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Fall 2015 issue of the American Bar Association (ABA) included an International Law News article entitled “Justice Antonio T. Carpio, Supreme Court of the Philippines, on the South China Sea Dispute” contributed by SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) Special Counsel Albert Vincent Y. Yu Chang.

IFLR: “Philippines: Renewable energy projects”

January 2017 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The July/August issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Renewable energy projects”. The article was contributed by SyCipLaw partner Rafael L. Encarnacion.

Getting the Deal Through: Aviation Finance & Leasing 2016

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of Getting the Deal Through: Aviation Finance & Leasing 2015 was contributed by SyCipLaw senior associate Bhong Paulo A. Macasaet with associates Aldous Benjamin C. CamisoDiana S. Gervacio, and Maricar G. Ramos. The section talks about the laws and regulation of Aviation Finance and Leasing in the Philippines, Title Transfer, Registration of Aircraft Ownership and Lease Interests, Security, Enforcement Measures, Taxes and Payment Restrictions, Insurance and Reinsurance, and Update and Trends.

ALB: “A Need to Clarify Powers of the Philippine Economic Zone Authority and Local Government Unit

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The August 2016 issue of the Asian Legal Business (ALB) Asia Edition includes a regional update by SyCipLaw partner Maria Teresa Mercado-Ferrer entitled “A Need to Clarify Powers of the Philippine Economic Zone Authority and Local Government Units Relative to Peza-Registered BPO Companies”. The regional update can be found on page 15.

The International Comparative Legal Guide to: Patents 2017

January 2017 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine chapter of  The International Comparative Legal Guide to: Patents 2017 was contributed by SyCipLaw partners  Enrique T. Manuel and Vida M. Panganiban-Alindogan. Mr. Manuel heads the firm’s Intellectual Property department. The chapter includes information on patent enforcement, patent amendment, licensing, patent term extension, patent prosecution and opposition, border control measures, Antitrust Law and inequitable conduct, and current developments.

Client Alert: SyCipLaw secures 1st merger clearance from PCC

January 2017 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine Competition Commission (PCC) has issued its first merger clearance under the implementing rules and regulations of the Philippine Competition Act. The clearance was for the proposed acquisition by Sanofi of the CHC business of Boehringer Ingelham. SyCipLaw acted as Philippine antitrust counsel to Sanofi.

Client Alert: New Implementing Rules for Philippine Data Privacy Act

January 2017 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The National Privacy Commission (NPC) has issued the implementing rules and regulations of the Data Privacy Act of 2012. The rules, promulgated on August 24, 2016, will take effect 15 days from publication in the Official Gazette.

Client Alert: Prohibition on Labor-Only Contracting and the Suspension of Registration of New Contra

January 2017 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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On July 28, 2016, the Department of Labor and Employment (“DOLE”) issued Labor Advisory No 10-2016 (“Advisory”) reiterating the prohibition against labor-only contracting and Department Order No. 162-2016 (“Department Order”) suspending the registration of new applicants as contractors or subcontractors under Department Order No. 18-A (“DO 18-A”).

IFLR: “Philippines: Promoting Foreign Investment”

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The September issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Promoting Foreign Investment”. The article was contributed by SyCipLaw partner Carina C. Laforteza and associate Lito Paolo T. Martin II.

IFLR: “Philippines: Facilitating Creditor-Debtor Dealings”

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The October issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Facilitating Creditor-Debtor Dealings”. The article was contributed by SyCipLaw partner Russel L. Rodriguez, senior associate John Christian Joy A. Regalado, and associate Jo Margarette W. Remollo.

ALB: “New Implementing Rules for Philippine Data Privacy Act”

January 2017 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The October 2016 issue of the Asian Legal Business (ALB) includes a regional update article entitled “New Implementing Rules for Philippine Data Privacy Act”, contributed by SyCipLaw partner Rose Marie M. King-Dominguez.

AILA GMS Fall 2016 Digest: Spotlight Interview Series – Focus on the Philippines

January 2017 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw partner  Russel L. Rodriguez contributed to the first Global Migration Section (GMS) Digest of the American Immigration Lawyers Association (AILA) year. The interview discussed the practice of immigration in the Philippines, the process of sending employees to the country, qualification of same sex spouses for dependent status, and a hot topic in Philippine immigration.

Getting the Deal Through: Islamic Finance & Markets 2017

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The 2017 edition of Getting the Deal Through: Islamic Finance & Markets features SyCipLaw Of Counsel Mia G. Gentugaya as contributing editor. SyCipLaw Partner Amer Hussein N. Mambuay contributed the Philippine section.

IFLR: “Philippines: Mining Developments”

January 2017 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The November issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Mining Developments”. The article was contributed by SyCipLaw partner .

Employment & Immigration Update January – December 2016

January 2017 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Employment & Immigration Update Vol. XIV includes the following articles:

 

  • Implications of the Prohibition Against Labor-Only Contracting and Suspension of Registration of New Applicants for Contractors of Sub-Contractors
  • Anti-Age Discrimination in Employment Act
  • Single Entry Approach
  • Further Amendments to the 2011 NLRC Rules of Procedure
  • Seafarer’s Protection Act
  • Republic Act 10741

IFLR: “Philippines: Competition Law Updates”

January 2017 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The December/January issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Philippines: Competition Law Updates”. The article was contributed by SyCipLaw partners Franco Aristotle G. Larcina and Arlene M. Maneja.

SyCipLaw advises lenders in Limay, Bataan power project

August 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw acted as local counsel to DBS Bank Ltd., Mizuho Bank, Ltd. and Standard Chartered Bank, the structuring banks in the US$400 million Project Financing of a new 300MW coal-fired power plant in Limay, Bataan of SMC Consolidated Power Corp. The lenders to the project financing, in addition to the structuring banks were Bank of Commerce, Bank of Tokyo-Mitsubishi UFJ, CTBC Bank Co. Ltd., Maybank International (Labuan Branch), Maybank Philippines, Inc., Siemens Bank GMBH (London Branch), INTESA San Paolo S.p.a. (Hong Kong Branch). The project financing was recognized as Best Power Deal in the Asia-Pacific Region in the 2015 IJ Global Awards.

Export Development Canada’s First 5 Calls: Philippines

June 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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ExportWise magazine has published the “First 5 Calls” series on the Philippines. Published by Export Development Canada (EDC) for Canadian exporters and investors, ExportWise’s “First 5 Calls” series seeks to provide practical, on-the-ground advice from five market experts who each address a particular aspect of doing business in a certain country, such as legal and regulatory, market entry and distribution, customs, human resources, etc.

IFLR: “Philippines: New foreign investment rules”

June 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The April 2016 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “New foreign investment rules.” The article was contributed by SyCipLaw partner Marietta A. Tibayan.

The Public-Private Partnership Law Review 2nd ed.

June 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The second edition of The Public-Private Partnership Law Review has been published. Each jurisdiction chapter contains information on general framework, bidding and award procedure, contract, finance, recent decisions, and outlook. The Philippine chapter was contributed by the SyCipLaw Partners Marievic G. Ramos-Añonuevo and Arlene M. Maneja.

IFLR: “Philippines: New securities regulations”

May 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The March 2016 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “New securities regulations.” The article was contributed by SyCipLaw partner Melyjane G. Bertillo-Ancheta.

IFLR: “Philippines: PPPs and the election ban”

May 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The May 2016 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “PPPs and the election ban.” The article was contributed by SyCipLaw partner Aaron Roi B. Riturban.

The Tax Disputes and Litigation Review - Edition 4 - Philippine Chapter

May 2016 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The Tax Disputes and Litigation Review 4th Edition contains information on commencing disputes, including national and local taxes; courts and tribunals; penalties and remedies; tax claims, including recovering overpaid taxes, challenging administrative decisions, and claimants; costs; alternative dispute resolution; anti-avoidance; double taxation treaties; areas of focus; and outlook and conclusions. The section was contributed by SyCipLaw partner Carina C. Laforteza with support from associate Mark Xavier D. Oyales.

ALB SE Asia Law Awards 2016 Shortlist

May 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The ALB SE Asia Law Awards 2016 shortlist has been published. SyCipLaw is shortlisted for law firm of the year awards in arbitration, banking and financial services, commercial litigation, construction and real estate, energy and resources, and intellectual property. Six of the firm's transactions are also shortlisted for deal of the year awards.

Liability Management Exercise of International Container Terminal Services, Inc. and affiliates

May 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw acted as Philippine counsel for the dealers, Citigroup Global Markets Limited and Hong Kong and Shanghai Banking Corporation in a back-to-back tender offer of perpetual securities and issuance of new perpetual securities.

Philippine Competition Commission Issues Transitory Rules for Mergers and Acquisition

May 2016 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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On February 12, 2016, the recently constituted Philippine Competition Commission (“PCC”), which was created under the Philippine Competition Act (Republic Act 10667 or the “PCA”), issued Memorandum Circular No. 16-001, Series of 2016 (the “Transitory Rules”), which provides for the transitory rules and guidelines relating to mergers and acquisitions that were, or are to be, executed or otherwise implemented after the effectivity of the PCA on August 8, 2015 but before the effectivity of its implementing rules and regulations (the “PCA IRR”). Given the special nature of transactions effected through the Philippine Stock Exchange, the Transitory Rules will not cover such transactions and will be covered by a separate issuance by the PCC.

Financing for the Mactan Cebu International Airport

May 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw acted as Philippine counsel to a syndicate of Philippine banks (composed of BDO Unibank, Inc., Bank of the Philippine Islands, Development Bank of the Philippines, Land Bank of the Philippines, Metropolitan Bank & Trust Company and Philippine National Bank) and Asian Development Bank for the financing of the rehabilitation and development of the Mactan Cebu International Airport that was awarded by the DOTC and the MCIAA under the private-public partnership program of the government to the consortium between Megawide Construction Corporation and GMR Infrastructure. The financing is composed of (1) Php20 Billion (approx. US$446,773,200) commitment of the Philippines syndicate banks and (2) US$75 Million commitment of ADB.

Philippine Competition Commission Issues Transitory Rules on PSE-related Mergers and Acquisitions

May 2016 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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On February 16, 2016, the recently constituted Philippine Competition Commission (“PCC”), which was created under the Philippine Competition Act (Republic Act 10667 or the “PCA”), issued Memorandum Circular No. 16-002, Series of 2016 (the “PSE Transitory Rules”), which provides for the transitory rules and guidelines relating to mergers and acquisitions that were, or are to be, executed or otherwise implemented through the Philippine Stock Exchange (“PSE”) and after the effectivity of the PCA on August 8, 2015 but before the effectivity of its implementing rules and regulations (the “PCA IRR”).

2016: Insurance regulation in Asia Pacific – Ten things to know about 20 countries

May 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw contributed the Philippine Chapter of the 2016: Insurance Regulation in Asia Pacific – Ten things to know about 20 countries published by Norton Rose. The 2016 edition of the summary guide provides an overview and practical checklist of ten common regulatory issues for insurance companies. The Philippine chapter was contributed by SyCipLaw partner Hiyasmin H. Lapitan.

Enabling the Business of Agriculture 2016

May 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw Partners Rose Marie M. King-Dominguez and Franco Aristotle G. Larcina, with support from Senior Associate Ruben P. Acebedo II, participated in the World Bank Group’s Enabling the Business of Agriculture 2016: Comparing regulatory good practices. The report examines regulations that impact private enterprise in the agriculture and agribusiness sectors. The report aims to promote smart regulations that ensure safety and quality control, as well as efficient regulatory processes, that support thriving agribusinesses.

IFLR: “Philippines: Foreign reinsurers and brokers”

April 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The November 2015 issue of the International Financial Law Review (IFLR) included an international briefing article by SyCipLaw partner Hiyasmin H. Lapitan entitled “Foreign reinsurers and brokers.”

ALB: “Cartel Crackdown”

April 2016 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The November 2015 issue of the Asian Legal Business (ALB) Asia Edition includes an article by Ranajit Dam on the Philippine Competition Law entitled “Cartel Crackdown.” SyCipLaw partner Arlene M. Maneja was interviewed for the article, which is found on pages 46-47.

IFLR: “Philippines: Mandatory tender offers”

April 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The October 2015 issue of the International Financial Law Review (IFLR) included an international briefing article by SyCipLaw partner Maria Jennifer Z. Barreto entitled “Mandatory tender offers.”

The International Capital Markets Review 5th Edition - Philippines

April 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The International Capital Markets Review 5th Edition contains an introduction to The Securities Regulation Code; The Securities and Exchange Commission; self-regulatory organizations, exchanges, clearing agencies and depositories; recent jurisprudence; developments affecting debt and equity offerings; developments affecting derivatives, securitizations and other structured products; cases and dispute settlement; relevant tax and insolvency law; other relevant laws and regulations; other strategic considerations; and outlook and conclusions, among others. The section was contributed by SyCipLaw partner Maria Teresa D. Mercado-Ferrer, senior associate Joan Mae S. To, and associate Earla Kahlila Mikhaila C. Langit.

Appointment of Commissioners to Philippine Competition Authority

April 2016 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The first set of commissioners to constitute the Philippine Competition Commission (PCC) has just been appointed. The PCC, a five member body created by the Philippine Competition Act (passed into law in July 21, 2015), is mandated to implement the national competition policy. Vested with a broad range of powers, it can conduct administrative inquiries, institute civil or criminal proceedings before the courts, and review proposed mergers and acquisitions.

The International Comparative Legal Guide to: Trade Marks 2015

April 2016 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of The International Comparative Legal Guide to: Trade Marks 2015 was contributed by SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan. Mr. Manuel heads the firm’s Intellectual Property department. The chapter includes information on relevant authorities and legislation, trade mark application, absolute and relative grounds for refusal, opposition, registration and registrable transactions, revocation, invalidity, trade mark enforcement, defenses to infringement, relief, appeal, border control measures, other related rights, domain names, and current developments.

Light Rail Manila Corp. financing for the LRT1 Cavite Extension, Operations and Maintenance Project

April 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw acted as counsel to the Light Rail Manila Corporation (LRMC) in relation to its Php24 Billion project financing Light Rail Transit Line 1 (LRT1). Around Php8.7 Billion of the total loan amount is allotted to the rehabilitation of the existing LRT1 system and Php15.3 Billion to the 11.7 km extension of LRT1 to Bacoor, Cavite.

IFLR: “Philippines: Foreign in personam summonses”

April 2016 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The December 2015 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Foreign in personam summonses.” The article was contributed by SyCipLaw partner Ramon G. Songco and associate Jenny Jean B. Domino.

ALB: “Right-of-Way Issues Delay Vital Infrastructure Projects”

April 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The October 2015 edition of the Asian Legal Business (ALB) Asia Edition includes a regional update article entitled “Right-of-Way Issues Delay Vital Infrastructure Projects” by SyCipLaw partner Vicente D. Gerochi IV and associate Arvin Kristopher A. Razon. The article is found on page 17.

“Philippine local standards made applicable to non-resident foreign reinsurers"

April 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The November 2015 edition of the Asian Insurance Review includes a spotlight on the Philippines article entitled “Philippine local standards made applicable to non-resident foreign reinsurers” by SyCipLaw partner Hiyasmin H. Lapitan.

When Employees Leave

April 2016 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw contributed the Philippine Chapter of When Employees Leave: What Employers in Asia/Pacific Need to Know about Protecting Company Rights and Confidential Information published by the Employment Law Alliance (ELA). The publication is based on a 2015 webinar presented by a group of ELA’s Asia-Pacific members and briefly describes how the issues of non-competition and protection of confidential and propriety information are handled in 16 jurisdictions across Asia and the Pacific, and the steps companies can take to protect their interests when employees leave.

World Law Group Publishes New Edition of Global Guide to Data Breach Notifications

April 2016 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Covering a record 60 major jurisdictions worldwide, the updated and expanded second edition of World Law Group’s Global Guide to Data Breach Notifications has been published, and can be downloaded free from its companion website, www.globaldatabreachguide.com.

IFLR: “Philippines: Conversion of agricultural land”

April 2016 - Real Estate & Property. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The February 2016 issue of the International Financial Law Review (IFLR) included an international briefing article entitled “Conversion of agricultural land.” The article was contributed by SyCipLaw partner Benedicto P. Panigbatan.

SyCipLaw advises SaCaSun and BDO Unibank in first Philippine solar power project financing deal

April 2016 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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BDO Unibank closed the first Philippine project financing deal for a solar power project last December 16, 2015. The project belongs to San Carlos Sun Power, Inc. (SaCaSun), a joint venture between Aboitiz Renewables, Inc., and SunEdison Philippines Helios B.V. The Php3.25 Billion project financing deal is for a 58.98MWp solar power project located in Barangay Punao, San Carlos City, Negros Occidental, Philippines. BDO is the sole lender, with BDO Capital & Investment Corporation acting as Mandated Lead Arranger, and BDO Unibank, Inc-Trust and Investments Group acting as Facility Agent and Security Trustee.

Appointment of National Privacy Commission Members

April 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The members of the National Privacy Commission (NPC) have been named. President Benigno Aquino III has appointed Raymond Liboro as the Commissioner of the NPC. Prior to his appointment, Liboro was the officer-in-charge of the DOST’s Science and Technology Information Institute. The following are the Deputy Privacy Commissioners: Dondi Mapa and Ivy Patdu.

Women, Business and the Law 2016 Report

April 2016 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw Partner Leslie C. Dy participated in the World Bank Group’s Women, Business and the Law 2016: Getting to Equal. The 2016 edition, the fourth in the series, continues to cover and collect data about legal restrictions on women’s entrepreneurship and employment. The series aims to inform policy discussions and promote research on linkages between the law and women’s economic opportunities.

IFLR: “Philippines: Competition law enacted”

April 2016 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The September 2015 issue of the International Financial Law Review (IFLR) included an international briefing article by SyCipLaw partner Arlene M. Maneja entitled “Competition law enacted.”

The Mergers & Acquisitions Review 9th Edition – Philippines

April 2016 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The Mergers & Acquisitions Review 9th Edition contains an overview of M&A activity in the country, general introduction to the legal framework for M&A, developments in corporate and takeover law and their impact, foreign involvement in M&A transactions, significant transactions, key trends and hot industries, financing of M&A, main sources and developments, employment law, tax law, competition law, and outlook. The section was contributed by SyCipLaw Managing Partner Rafael A. Morales with partners Philbert E. Varona and Hiyasmin H. Lapitan, and associate Patricia A. Madarang.

Getting the Deal Through: Islamic Finance & Markets 2016

April 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine chapter of Getting the Deal Through: Islamic Finance & Markets 2016 was contributed by SyCipLaw Managing Partner Rafael A. Morales with Amer Hussein N. Mambuay. The chapter includes information on policies, legislation and supervision covering Islamic finance in the Philippines, contracting concepts, products, and updates and trends.

The International Comparative Legal Guide to: Copyright 2016

April 2016 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of The International Comparative Legal Guide to: Copyright 2016 was contributed by SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan. Mr. Manuel heads the firm’s Intellectual Property department. The chapter includes information on copyright subsistence, ownership, exploitation, owners’ rights, copyright enforcement, criminal offenses, and current developments.

MCIA Financing Recognized as Best PPP Deal in the Asia-Pacific Region

April 2016 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The financing of the rehabilitation and development of the Mactan Cebu International Airport received the “Best PPP Deal in Asia-Pacific Region” from the IJGlobal Awards 2015. 

Global Banking & Financial Policy Review 2015/2016

December 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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International Financial Law Review (IFLR) in association with Euromoney Yearbooks recently published the Global Banking & Financial Policy Review 2015/2016. The Philippine section was contributed by SyCipLaw Managing Partner Rafael A. Morales. The section is an Overview of Legal and Regulatory Developments in the Philippines such as the Liberalization of Financial Sector, Islamic Banking and Finance, Financial Consumer Protection, and Prospects.

Women, Business and the Law 2016 Report

December 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw Partner Leslie C. Dy participated in the World Bank Group’s Women, Business and the Law 2016: Getting to Equal. The 2016 edition, the fourth in the series, continues to cover and collect data about legal restrictions on women’s entrepreneurship and employment. The series aims to inform policy discussions and promote research on linkages between the law and women’s economic opportunities.

The Mergers & Acquisitions Review 9th Edition – Philippines

December 2015 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The Mergers & Acquisitions Review 9th Edition contains an overview of M&A activity in the country, general introduction to the legal framework for M&A, developments in corporate and takeover law and their impact, foreign involvement in M&A transactions, significant transactions, key trends and hot industries, financing of M&A, main sources and developments, employment law, tax law, competition law, and outlook. The section was contributed by SyCipLaw Managing Partner Rafael A. Morales with partners Philbert E. Varona and Hiyasmin H. Lapitan, and associatePatricia A. Madarang.

The International Comparative Legal Guide to: Copyright 2016

December 2015 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of The International Comparative Legal Guide to: Copyright 2016 was contributed by SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan. Mr. Manuel heads the firm’s Intellectual Property department. The chapter includes information on copyright subsistence, ownership, exploitation, owners’ rights, copyright enforcement, criminal offenses, and current developments.

Getting the Deal Through: Aviation Finance & Leasing 2015

December 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of Getting the Deal Through: Aviation Finance & Leasing 2015 was contributed by SyCipLaw senior associate Bhong Paulo A. Macasaet with associates Aldous Benjamin C. CamisoDiana S. Gervacio, and Maricar G. Ramos. The section talks about the laws and regulation of Aviation Finance and Leasing in the Philippines, Title Transfer, Registration of Aircraft Ownership and Lease Interests, Security, Enforcement Measures, Taxes and Payment Restrictions, Insurance and Reinsurance, and Update and Trends.

IFLR: “Philippines: Competition law enacted”

December 2015 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The September 2015 issue of the International Financial Law Review (IFLR) included an international briefing article by SyCipLaw partner Arlene M. Maneja entitled “Competition law enacted.”

ALB: “Right-of-Way Issues Delay Vital Infrastructure Projects”

December 2015 - Real Estate & Property. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The October 2015 edition of the Asian Legal Business (ALB) Asia Edition includes a regional update article entitled “Right-of-Way Issues Delay Vital Infrastructure Projects” by SyCipLaw partner Vicente D. Gerochi IV and associate Arvin Kristopher A. Razon. The article is found on page 17.

Getting the Deal Through: Islamic Finance & Markets 2016

December 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine chapter of Getting the Deal Through: Islamic Finance & Markets 2016 was contributed by SyCipLaw Managing Partner Rafael A. Morales with Amer Hussein N. Mambuay. The chapter includes information on policies, legislation and supervision covering Islamic finance in the Philippines, contracting concepts, products, and updates and trends.

The International Comparative Legal Guide to: Patents 2016

October 2015 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of The International Comparative Legal Guide to: Patents 2016 was contributed by SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan. The chapter includes patent enforcement, patent amendment, licensing, patent term extension, patent prosecution and opposition, border control measures, antitrust law and inequitable conduct and current developments in relation to patents.

Download the Philippine section of The International Comparative Legal Guide to: Patents 2016.

The section appeared in the 2016 edition of The International Comparative Legal Guide to: Patents; published by Global Legal Group Ltd, London. www.iclg.co.uk. The complete guide may also be accessed at http://www.iclg.co.uk/practice-areas/patents/patents-2016. Registration is required for full access.

Getting the Deal Through: Aviation Finance & Leasing 2015

October 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of Getting the Deal Through: Aviation Finance & Leasing 2015 was contributed by SyCipLaw senior associate Bhong Paulo A. Macasaet with associates Aldous Benjamin C. CamisoDiana S. Gervacio, and Maricar G. Ramos. The section talks about the laws and regulation of Aviation Finance and Leasing in the Philippines, Title Transfer, Registration of Aircraft Ownership and Lease Interests, Security, Enforcement Measures, Taxes and Payment Restrictions, Insurance and Reinsurance, and Update and Trends.

ALB: “Uber and Out: The Philippines Legalizes Uber Business Model”

October 2015 - Transport. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of ALB: “Uber and Out: The Philippines Legalizes Uber Business Model” by SyCipLaw partner Rose Marie M. King Dominguez. 

The Global Mobility Handbook, 3rd Edition

September 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of The Global Mobility Handbook, 3rd edition. The Philippine chapter was contributed by SyCipLaw partners Rodelle B. Bolante and Russel L. Rodriguez.

Legal Bulletin: Technology, Media & Telecoms (Aug. 2015)

September 2015 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of SyCipLaw's Technology, Media & Telecoms Bulletin (Aug. 2015).

Employment & Immigration Update 2015 2-3Q

September 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of Employment & Immigration Update 2015 2-3Q. The newsletter is published by the SyCipLaw’s Employment & Immigration Department.

IFLR: “Philippines: Foreign investment negative list”

September 2015 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the IFLR: “Philippines: Foreign investment negative list” article by SyCipLaw partner Hector M. de Leon, Jr. and associate Levi Anthony B. Malaylay.

Competition Bulletin: New Philippine Competition Act

August 2015 - EU & Competition. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines recently enacted Republic Act 10667 or the Philippine Competition Act which defines, prohibits and penalizes anti-competitive agreements, abuse of dominant position, and anti-competitive mergers and acquisitions.

SyCipLaw’s Doing Business in the Philippines: A General Guide

August 2015 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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In commemoration of the firm’s 70th anniversary, SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) produced a publication about the general guidelines in doing business in the Philippines.

The Banking Regulation Review – Edition 6

August 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the Philippine section of The Banking Regulation Review – Edition 6, which was contributed by SyCipLaw Managing Partner Rafael A. Morales.

IFLR: “Electronic tax return controls”

August 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The May 2015 issue of the International Financial Law Review (IFLR) included an international briefing article by SyCipLaw partner Maria Jennifer Z. Barreto on “Electronic tax return controls.”

Download a PDF copy of the article or read the article online at the IFLR website.

IFLR: “Obstacles to FDI”

July 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy  of the IFLR: “Obstacles to FDI” article by SyCipLaw partner Rocky Alejandro L. Reyes.

IFLR: “The future of PPPs”

July 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the IFLR: “The future of PPPs” article by SyCipLaw partner Vicente D. Gerochi and associate Arvin Kristopher A. Razon.

ALB: "Philippine BPOs: Employment Prospects & Issues"

July 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the ALB: "Philippine BPOs: Employment Prospects & Issues" article by SyCipLaw partners Amer Hussein N. Mambuay and Russel L. Rodriguez.

IFLR: “Perspectives for 2015”

July 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the IFLR: “Perspectives for 2015” article by SyCipLaw partners Rose Marie M. King-Dominguez and Melyjane G. Bertillo-Ancheta.

ALB: "The New PDRCI Arbitration Rules"

July 2015 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the ALB: "The New PDRCI Arbitration Rules" article by SyCipLaw partner and head of the Litigation Department Ricardo Ma. P.G. Ongkiko.

Multilaw’s 2015 How to Hire and Fire: A Global Guide

July 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of Multilaw’s 2015 How to Hire and Fire: A Global Guide. The Philippine Chapter was contributed by SyCipLaw Partner Leslie C. Dy.

IFLR: "SEC advice on online platforms"

June 2015 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the IFLR: "SEC advice on online platforms" article by SyCipLaw partner Rose Marie M. King-Dominguez.

Employment & Immigration Updated 2015 1Q

May 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download the Employment & Immigration Update 2015 1Q.

The Tax Disputes and Litigation Review edition 3

May 2015 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the Philippine section of The Tax Disputes and Litigation Review edition 3, which was contributed by the SyCipLaw Partner Carina C. Laforteza with Associate Mark Xavier D. Oyales.

 

IFLR: “Philippines: Complaints mechanism concerns”

May 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The April issue of the International Financial Law Review (IFLR) includes an international briefing article by SyCipLaw partner Anthony W. Dee and associate Ma. Patricia B. Paz entitled “Philippines: Complaints mechanism concerns.”

PLC Drug/substance abuse testing of employees

April 2015 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Practical Law Company has published a table on drug/substance abuse testing of employees, which sets out whether or not employers can carry out drug/substance abuse testing on employees both before they are employed, and during their employment in 28 jurisdictions. 

Asia’s Financial Services: Ready for the Cloud

April 2015 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Asia Cloud Computing Association (ACCA) has launched its new research report entitled “Asia’s Financial Services: Ready for the Cloud—A Report on FSI Regulations Impacting Cloud in Asia-Pacific Markets.” 

The Asia Cloud Computing Association (ACCA) has launched its new research report entitled “Asia’s Financial Services: Ready for the Cloud—A Report on FSI Regulations Impacting Cloud in Asia-Pacific Markets.” SyCipLaw Partner Rose Marie M. King-Dominguez with Senior Associate Ruben P. Acebedo II contributed the information on the Philippines.

Chambers Asia-Pacific: Philippines Overview

April 2015 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Chambers Asia-Pacific 2015 Guide is now available online and features an overview of the Philippinescontributed by SyCipLaw Managing Partner Rafael A. Morales

The Chambers Asia-Pacific 2015 Guide is now available online and features an overview of the Philippinescontributed by SyCipLaw Managing Partner Rafael A. Morales.

The guide is distributed to corporate counsel worldwide and is accessible through the Chambers website: www.chambersandpartners.com/guide/asia/8/172/1

Getting the Deal Through: Life Sciences 2015

February 2015 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the Philippine section of Getting the Deal Through: Life Sciences 2015, which was contributed by SyCipLaw partners Rose Marie M. King-Dominguez and Carlos Roberto Z. Lopez with senior associate John Paul V. de Leon and associate Mark Xavier D. Oyales.

How to Hire and Fire: A Global Guide 2014

August 2014 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Multilaw's Labour & Employment practice group has produced a new 2014 edition of "How to Hire and Fire: A Global Guide." With content contributed by experienced employment lawyers from Multilaw member firms, the eBook provides a simple way for HR practitioners and clients to get a quick, uncomplicated overview of basic employment law information from jurisdictions around the world. The book reflects the law in each jurisdiction as of January 1, 2014. Jurisdictions covered by the 2014 edition include Argentina, Belgium, Bulgaria, Canada, China, Cyprus, Ecuador, European Union, Germany, Honduras, Hong Kong, India, Indonesia, Italy, Japan, Luxembourg, Malaysia, Netherlands, Oman, Paraguay, and Philippines, among others. The Philippine chapter was written by SyCipLaw partner Leslie C. Dy. Visit the Multilaw website to access and download the file: www.multilaw.com/hire-and-fire/#2-3.

The Philippine Design Competitiveness Act

October 2013 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Republic Act No. 10557, "Philippine Design Competitiveness Act" was signed by President Benigno Aquino III last May 15, 2013.  Contributed by SyCip Salazar Hernandez & Gatmaitan Partner Ricardo Ma. P.G. Ongkiko. The article gives us an insight about the objectives of the Act, the role of the newly formed Design Advisory Council, the Natural Design Policy, and its goals.

Learn more about the Philippine Design Competitiveness Act. The article is available for online viewing from the SyCipLaw website.

Dissension in the Court: July 2013

September 2013 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The article Dissension in the Court: July 2013 was contributed by SyCip Salazar Hernandez & Gatmaitan Partner, Rafael L. Encarnacion. The article gives us an insight on the petition for certiorari assailing the Commission on Elections of the Philippines' resolution to cancel the Certificate of Candidacy of Regina Ongsiako Reyes for the position of Representative of the district of Marinduque. 

The article from Lexoterica: A Philippine BLAWG is also
available for online viewing from the SyCipLaw website.

Bridging the Gap: Enhanced Basic Education through K-12

September 2013 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The article Bridging the Gap: Enhanced Basic Education through K-12 contributed by Ricardo Ma. P.G. Ongkiko talks about the new law regarding the Philippine Basic Education System which became effective on June 4, 2013. It includes information about its objectives, its salient features and the new procedure in training and hiring teachers.

The article is available for viewing at the SyCipLaw website. 

Valuing Unlisted Shares

September 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The April 2013 issue of IFLR includes an update authored by Senior Associate Arlene M. Maneja. "Valuing Unlisted Shares" discusses the implemented Philippine Bureau of Internal Revenue Regulation No. 6-2013 (RR6-2013) and contains an overview of the rules involving the determination of fair market value of share of stock not listed and traded in the local stock exchange. Download a copy of the article from the SyCipLaw website.

Publications by Domingo G. Castillo

September 2013 - Transport. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Publications by PartnerDomingo G. Castillo on "Repeatable Limitation of Liability in Maritime Accidents," "Movement of Goods," and "Various Aspects of Concealment & Representations" are now available for download from the SyCipLaw website.

View the Related Links section of Mr. Castillo's profile to access the publications.

The Mergers & Acquisitions Review 7th Edition – Philippines

September 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines section of The Mergers and Acquisitions Review 7th Edition contains an overview of M&A activity in the country, general introduction to the legal framework for M&A, developments in corporate and takeover law and their impact, foreign involvement in M&A transactions, significant transactions, key trends and hot industries, financing of M&A, employment law, tax law, competition law, and outlook. The section was contributed by SyCipLaw Managing Partner Rafael A. Morales.

 

WLG Global Agenda Study Report: Issues & Priorities for Senior In-House Counsel Worldwide

August 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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It has been a year since the SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) LinkedIn Company Page was launched and statistics show that the most clicked legal resource post is the World Law Group's "Global Agenda Study Report: Issues & Priorities for Senior In-House Counsel Worldwide," which was posted on 16 January 2013. The report highlights, among other things, current key challenges faced by chief legal officers, general counsel and other in-house law department leaders in some of the world's largest companies, as well as action plans they've found most effective to meet these challenges. It also points out some interesting differences by region.

ELA's Free Webinar on "Key Employment Issues for US Employers in the Hospitality Industry"

August 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Employment Law Alliance's free webinar on "Key Employment Issues for US Employers in the Hospitality Industry" will be on 11 September 2013.

WLG's Quick Guide to Private-Copy Levy Systems

August 2013 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The WLG Intellectual Property & Information Technology Group unveiled its "Quick Guide to Private-Copy Levy Systems" with contributions from 18 WLG member firms from different jurisdictions, including Australia, Canada, China, the EU, Japan, Singapore, UK and USA.

Philippine BIR adopts technological innovations

August 2013 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The July 2013 issue of Bloomberg BNA's Tax Planning International Asia-Pacific Focus features an article co-authored by partner Carina C. Laforteza and associate Grace Ann C. Lazaro entitled "The Philippine BIR adopts technological innovations." The article discusses the recently implemented Philippine Bureau of Internal Revenue (BIR) Regulation No. 18-2012 directing all persons to secure a new Authority to Print from the BIR and to print new receipts/invoices starting 1 July 2013. The article includes sections on the statutory basis, implementation, and the move towards computerized regulation.

June 2013 Philippine Supreme Court Decisions on Commercial Law

August 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Contributed by Hector M. de Leon, Jr., the article summarizes select June 2013 rulings of the Supreme Court of the Philippines on derivative suit and shares of stock of corporations, collateral source rule in insurance, and trademarks. Read the article on Lexoterica.

SEC Guidelines on Compliance with Filipino-Foreign Ownership Requirements

August 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Contributed by partner Imelda A. Manguiat and associate Grace Ann C. Lazaro, the article summarizes the Securities and Exchange Commission's Memorandum Circular No. 8-2013, which was published on 20 May 2013. The Circular sets out the guidelines to determine compliance with the required percentage of Filipino-foreign ownership in corporations engaged in nationalized and partly-nationalized activities. Visit Lexoterica to read the article.

Philippine Supreme Court Microsite on the Hontiveros-Baraquel v. DENR Secretary

August 2013 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine Supreme Court has developed a microsite devoted to Hontiveros-Baraquel v. DENR Secretary (G.R. Nos. 181702 and 181703), which involves the constitutionality of the Philippine Mining Act. SyCipLaw represents OceanaGold. Visit the microsite for more information and to access the audio recordings of the four oral arguments.

 

Getting the Deal Through - Mining 2013 Philippines

July 2013 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCip Salazar Hernandez & Gatmaitan contributed the Philippine section of Getting the Deal Through - Mining 2013. Contributed by Partner Hector M. de Leon, Jr., the section contains frequently asked questions regarding the mining industry; legal and regulatory structure; mining rights and title; duties, royalties and taxes; business structures; financing; restrictions; update and trends; environment; health & safety, and labor issues; social and community issues; foreign investment; and international treaties. Visit the SyCipLaw website for the Getting the Deal Through - Mining 2013 download link.

 

Employment & Immigration Update 2013 2Q

July 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Vol. XI, Issue 2 of the Employment & Immigration Update newsletter focuses on the Domestic Workers Act or Batas Kasambahay Implementing Rules. The issue also contains information on recent Supreme Court decisions, labor and immigration news, and SyCipLaw updates.

Asia Pacific Property Investment Guide

July 2013 - Real Estate & Property. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCip Salazar Hernandez & Gatmaitan's Rose Marie M. King-Dominguez and Franco Aristotle G. Larcina contributed the Philippine section of Asia Pacific Property Investment Guide, a publication produced by Ashurst-Singapore and Jones Lang La Salle. Visit the website for more information and to download a copy of the publication.

Philippine section of Chambers Legal Practice Guides: M&A 2013

July 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Chambers & Partners has published its Legal Practice Guide on Corporate M&A 2013. The publication, which may be read for free online, includes two Philippine sections contributed by SyCip Salazar Hernandez & Gatmaitan (SyCipLaw):

The International Comparative Legal Guide to: Trade Marks 2013

July 2013 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download the Philippine section of The International Comparative Legal Guide to: Trade Marks 2013 for free. The section was contributed by SyCipLaw's head of Intellectual Property Enrique T. Manuel and partner Vida M. Panganiban-Alindogan and answers frequently asked questions on relevant authorities and legislation, application information, grounds for refusal, opposition, registration, registrable transactions, revocation, invalidity, enforcement, defenses to infringement, relief, appeal, border control measures, other related rights, domain names, and current developments. 

The International Comparative Legal Guide to: Patents 2013

July 2013 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Available on our website is the Philippine section of The International Comparative Legal Guide to: Patents 2013. It contains FAQs on patent enforcement, amendment, licensing, term extension, prosecution and opposition, border control measures, antitrust law and inequitable conduct, and current developments. Visit our website to download.

Getting the Deal Through - Telecoms and Media 2013 Philippines

June 2013 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the Philippine section of Getting the Deal Through - Telecoms and Media 2013. 

Telecoms, Media & Technology Legal Bulletin: Focus on Philippine BPO Industry

June 2013 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw's Telecoms, Media & Technology Legal Bulletin: Focus on Philippine BPO Industry features the following articles:

  • What Worries Local BPOs and What They Need to Know 
  • Quick Guide to Setting up a BPO in the Philippines 
  • Incentive Regimes for BPOs 
  • BPOs and Philippine Employment Law 
  • Revised Outsourcing Rules for Banks (BSP Circular No. 765-12) 

 

The 2013 Foreign Investors' Guide to Real Estate Transactions in the Philippines

May 2013 - Real Estate & Property. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The 2013 Foreign Investors' Guide to Real Estate Transactions in the Philippines (Feb. 2013) includes the following sections:

  • Owning lands in the Philippines
  • Owning Real Estate other than Lands
  • Typical Real Estate Transaction Structure
  • The Preliminary Step - Due Diligence 
  • Documenting the Transaction
  • Taxes and Other Expenses.

DENR increases minimum capital requirements for mining applicants

May 2013 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Department of Environment and Natural Resources (DENR) issued DENR Memorandum Order No. 2013-01, which increased the minimum capital requirements for mining applicants.

Employment & Immigration Update 2013 1Q

May 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Vol. XI, Issue 1 of the Employment & Immigration Update newsletter focuses primarily on the salient provisions of the Domestic Workers Act or Batas Kasambahay. The issue also contains information on recent Supreme Court decisions.

Cyberwhat?

May 2013 - Crime. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Contributed by Ricardo Ma. P.G. Ongkiko with Ronald P. De Vera, the article provides a break down of Republic Act No. 10175, also known as the Cybercrime Prevention Act of 2012.

Ten things to know - insurance regulation in the Philippines

May 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw partnered with Norton Rose in producing Ten things to know - insurance regulation in the Philippines, which provides a briefing on the insurance regulation system in the country. Download the publication from the SyCipLaw website.

The Banking Regulation Review 4th Edition – Philippines

May 2013 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Law Business Research has published The Banking Regulation Review 4th Edition. A free copy of the Philippine section, contributed by SyCipLaw Managing Partner Rafael A. Morales, is available. The section is divided into:

Banking Regulation 2013

May 2013 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of the Getting the Deal Through - Banking Regulation 2013 is also available for download. The publication contains a listing of concise answers to FAQs on Philippine Banking Regulation. Questions are divided into regulatory framework, supervision, resolution, capital requirements, ownership restrictions and implications, and changes in control. Visit the website for more information.

Multilaw's New Foreign Judgment Enforcement Database

May 2013 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Multinational Association of Independent Law Firms (Multilaw), through its Litigation Practice Group, has launched a new Foreign Judgment Enforcement Database, which contains information about "the basics" of enforcing foreign judgments in 49 countries and 20 US states. The Philippine section was contributed by SyCipLaw partner Anthony W. DeeVisit the Multilaw website to gain access to the complete database. 

 

The International Comparative Legal Guide to: Telecoms, Media and Internet Laws and Regulations 2013

February 2013 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine section of The International Comparative Legal Guide to: Telecoms, Media and Internet Laws and Regulations 2013 is available for download from the firm's website. The section was contributed by partner Rose Marie M. King-Dominguez and associate Ruben P. Acebedo II.

Legal Bulletin: Technology, Media & Telecoms (Jan. 2013)

February 2013 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Technology, Media & Telecoms Legal Bulletin (Jan. 2013) includes information on the Data Privacy Act, the Cybercrime Prevention Act, and Developments in Foreign Ownership Restrictions, as well as other features. Download an electronic copy from our website.

December 2012 Philippine Supreme Court Decisions on Criminal Law and Procedure

February 2013 - Crime. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Lexoterica post on select December 2012 rulings of the Supreme Court on Criminal Law and Procedure was contributed by Davao partner-in-charge Dominador Maphilindo O. Carrillo. The post includes rulings on rape, Trust Receipts Law, evidence, jurisdiction, and Rule 45 of the Rules of Court.

December 2012 Philippine Supreme Court Decisions on Commercial Law

February 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Lexoterica post on select December 2012 rulings of the Supreme Court on Commercial Law was contributed by partner Hector M. de Leon, Jr. The post includes rulings on corporations and rehabilitation.

December 2012 Philippine Supreme Court Decisions on Civil Law

February 2013 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Lexoterica post on select December 2012 rulings of the Supreme Court on Civil Law was contributed by partner Rose Marie M. King-Dominguez. The post includes rulings on damages, sale of real property, unjust enrichment, and the Public Land Act.

Getting the Deal Through – Air Transport 2013

February 2013 - Transport. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Get a free copy of the Philippine section of Getting the Deal Through - Air Transport 2013, which was contributed by SyCipLaw partner Mia G. Gentugaya with associates Bhong Paulo A. Macasaet and Emmar Benjoe B. Panahon. Download the copy from our website.

Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises

February 2013 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The World Bank and The International Finance Corporation’s Doing Business 2013: Smarter Regulations for Small and Medium-Size Enterprises is now available for download.

Proposals for expanding positions reserved for Persons With Disabilities (

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Pending consideration by Congress is Senate Bill No. 3371 which seeks to amend Section 5 of Republic Act No. 7277, as amended, otherwise known as the “Magna Carta for Persons With Disability”. A counterpart measure in the House of Representatives is House Bill No. 5475.

Amended/New provisions of 2011 NLRC Rules of Procedure

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Some amended/new provisions introduced by the NLRC En Banc Resolution No. 11-12 adopted on 16 November 2012 are:

Alien Social Integration Act of 2010

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Pending consideration by the Congress is House Bill No. 3591, otherwise known as the “Alien Social Integration Act of 2010”, which aims to grant legal residency status to certain aliens in the Philippines under certain conditions.

Employment & Immigration Update 2012 4Q

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Employment & Immigration Update newsletter (Vol. X, Issue 4) includes information on:
• Information Governance
• Alien Social Integration Act of 2010
• Amended/New provisions of 2011 NLRC Rules of Procedure
• Proposals for expanding positions reserved for PWDs
• Child Labor-Free Establishment (CLFE) Certificate
• Other Immigration and Firm Updates

Global Employer Handbook

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCip Salazar Hernandez & Gatmaitan has updated the Philippine Chapter of the Global Employer Handbook. Published by the Employment Law Alliance, the handbook is a free, online resource that features important, practical and current information on labor and employment laws around the world.

The ACR I-Card

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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In a notice issued by Commissioner Ricardo A. David, Jr. of the Bureau of Immigration (BI), which was published on page 4 of the Manila Bulletin on 27 August 2012, it explained that the Alien Certificate of Registration Identity Card (ACR I-Card) is evidence of a lawful sojourn/residence in the Philippines and serves as a re-entry and exit permit to and from the Philippines.

SEC requires tax identification number for foreign investors

February 2013 - Tax & Private Client. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine Securities and Exchange Commission (SEC) issued Memorandum Circular No. 1, s. 2013 dated 7 January 2013, requiring the incorporation of the tax identification number (TIN) of foreign investors in all forms papers and documents filed with the SEC.

International Seafarers’ Bill of Rights

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines officially became the 30th member-state of the International Labor Organization (ILO) to ratify the Maritime Labor Convention 2006 (MLC 2006), dubbed the international seafarers’ bill of rights.

Ship Arrest in the Philippines

February 2013 - Transport. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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SyCipLaw partner Domingo G. Castillo has written on ship arrest procedures in the Philippines for ShipArrested.com.

DOLE Administrative Complaints Committee

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Administrative Complaints Committee (ACC) formed under DOLE Administrative Order No. 313 signed on 25 September 2012 is tasked to evaluate complaints “against all DOLE officials and employees who are non-presidential appointees” and recommend submission for preliminary investigation.

Getting the Deal Through – Mediation 2013

February 2013 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Download a free copy of the Philippine section of Getting the Deal Through - Mediation 2013, which was contributed by SyCipLaw partner Ricardo Ma. P.G. Ongkiko, senior associate Joan A. de Venecia, and associate Jon Edmarc R. Castillo.

International Survey of Investment Adviser Regulation

February 2013 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Kluwer Law International recently published the 3rd edition of the International Survey of Investment Adviser Regulation, a guide on investment adviser regulation in 40 key jurisdictions. The Philippine chapter was contributed by SyCipLaw Managing Partner Rafael A. Morales.

Cybercrime Prevention Act of 2012

February 2013 - TMT ( Technology, Media & Telecoms). Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Cybercrime Prevention Act of 2012 (Republic Act No. 10175) approved on 12 September 2012 declares that “The State recognizes the vital role of information and communications industries such as content production, telecommunications, broadcasting electronic commerce, and data processing, in the nation’s overall social and economic development.

Tripartite Certificate of Compliance with Labor Standards

February 2013 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Tripartite Certificate of Compliance with Labor Standards (TCCLS) provided under Department of Labor and Employment (DOLE) Department Order No. 115-A Series of 2012 dated 10 September 2012 is the first level seal of good housekeeping issued by the DOLE Regional Office to enrolled establishments.

Aquino reassures investors against regulatory risk

December 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippine government sponsored the Infrastructure Philippines conference held on November 18-19, 2010 as part of its efforts to drum up investor interest in Philippine infrastructure projects and public-private partnerships. The conference was generally met with optimism from both potential project sponsors and financiers.

Philippine PPP Center established

December 2010 - Corporate & Commercial. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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In line with his administration’s avowed policy of focusing on public-private-partnerships as a way of addressing the Philippines’ infrastructure needs, on September 9, 2010, President Benigno S. Aquino III issued Executive Order No. 8, renaming the existing Build-Operate-Transfer (“BOT”) Center as the Public-Private-Partnership (“PPP”) Center and transferring it from the Department of Trade and Industry (“DTI”) to the National Economic and Development Authority (“NEDA”).

MANDATORY CONCILIATION-MEDIATION FOR ALL LABOR CASES

December 2010 - Employment. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Department Order No. 107-10, series of 2010 (“DO 107-10”) of the Philippines’ Department of Labor and Employment (“DOLE”), which became effective on October 24, 2010, now prescribes a 30-day mandatory conciliation-mediation service for all labor cases.

Prior Registration Not Required for Trade Name Infringement

September 2010 - Intellectual Property . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Supreme Court recently reiterated its 2009 ruling that the local prior registration of a trade name is not a requisite for its owner to hold an unauthorized user liable for infringement. In its decision in Coffee Partners, Inc. vs.

PHILIPPINES ADOPTS RENEWABLE ENERGY FRAMEWORK

August 2010 - Projects, Energy & Natural Resources . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The renewable energy market has experienced rapid growth over the past several years. This is partly due to an increased global consciousness of the dangers of climate change and the need to focus on sustainable and environmentally friendly sources of energy.

PHILIPPINES ADOPTS LEGAL FRAMEWORK FOR REITs AND RETIREMENT ACCOUNTS

August 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Philippines’ formal capital market is one of the oldest in Asia, and yet, the general perception is that the country’s financial sector remains underdeveloped. Recent years have seen the passage of important legislation intended to boost the financial sector, such as the Special Purpose Vehicle Act of 2003 (intended to facilitate the removal of nonperforming assets from bank balance sheets) and the Securitization Act of 2004 (aimed at developing a market for asset-backed securities). Much remains to be done, however

Philippines adopts new corporate rehabilitation and insolvency framework

August 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The availability of credit depends to a large extent on whether a workable, reliable framework that provides reasonable assurances that debts will be paid and distressed borrowers rehabilitated in a timely fashion is in place.

Guide to financial services regulation in Asia 2009/2010

July 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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Regulating financial services in the Philippines

Product Liability 2010

July 2010 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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What systems of product liability are available (i.e. liability in respect of damage to persons or property resulting from the supply of products found to be defective or faulty)? Is liability fault based, or strict, or both? Does contractual liability play any role? Can liability be imposed for breach of statutory obligations e.g. consumer fraud statutes?

Banking regulation 2010

June 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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What are the principal govermental and rerulatory policies that govern the banking sector?

Synthetic securitisation in the Philippines

June 2010 - Finance . Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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The Securitisation Act of the Philippines is concerned with traditional securitisation involving the issuance of asset-backed securities by a special purpose entity. The act does not deal with synthetic securitisation, defined in the Risk-based Capital Adequacy Framework for th Pihippine Banking System as a transaction structure whereby "credit risk of an underlying pool of exposures is transferred, in whole or in part, through the use of funded (eg., credit-linked notes) or unfunded (eg., credit default swaps) credit derivatives securitisation comes in various structures, the discussion below is limited to those specified in the above definition.

Gifts and entertainment

June 2010 - Litigation & Dispute Resolution. Legal Developments by SyCip Salazar Hernandez & Gatmaitan.

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What is the source of anti-coruption laws/regulations and/or other related local regulatory guidance in relation to the following types of activity: gists, meals, entertainment, travel, sponsored training/conferences and other similar hospitality events?