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SyCip Salazar Hernandez & Gatmaitan

SYCIPLAW CENTER, 105 PASEO DE ROXAS, 1226 MAKATI CITY, METRO MANILA, PHILIPPINES

Tel:: Work +63 2 982 3700
Fax:: Fax +63 2 817 3896

Web:: www.syciplaw.com
Email:

Subic Bay Freeport Zone, Makati, Davao, Cebu

SyCipLaw: Announcement of New Partners

May 2012. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) is pleased to announce the admission of Benedicto P. Panigbatan and Franco Noel A. Manaig to the partnership.

SyCipLaw wins 2nd Chambers Asia-Pacific Philippine Law Firm of the Year

March 2012. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) won its 2nd Philippine Law Firm of the Year award at the Chambers Asia-Pacific Awards 2012 last February 28 in New Delhi, India. The firm bested five other Philippine law firms to win the award.

SyCipLaw receives Law Firm of the Year Award

March 2012. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan (SyCipLaw) has been awarded “National Law Firm of the Year” for the Philippines at the International Financial Law Review Asia Awards in Hong Kong last February 23, 2012.

Rafael A. Morales is new SyCipLaw Managing Partner

October 2010. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

Rafael A. Morales was recently chosen as the new Managing Partner of SyCip Salazar Hernandez & Gatmaitan, succeeding Llewellyn L. Llanillo who retired as a partner of the firm in August, 2009. Rafy joined SyCipLaw in 1975, and until his election as the new Managing Partner was the head of the firm’s Banking, Finance and Securities practice group.

Philippine Deal Firm of the Year

June 2010. Press Releases by SyCip Salazar Hernandez & Gatmaitan (view listing).

SyCip Salazar Hernandez & Gatmaitan was adjudged as the Philippine Deal Firm of the Year at the ALB SE Asia Law Awards 2010 held at the Ritz Carlton Millenia Singapore on June 4, 2010. The award was received by Rafael A. Morales, the Firm's Managing Partner.

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SyCip Salazar Hernandez & Gatmaitan

Aquino reassures investors against regulatory risk

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.

- SyCip Salazar Hernandez & Gatmaitan

Legal Developments in Philippines

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Category Two (2): The Philippine Experience

In December 2006, Philippine Airlines (PAL) announced its re-fleeting program that included the purchase of several Boeing 777s intended primarily for plying the lucrative US-RP Pacific corridor.

- Ocampo & Manalo
PUBLIC-PRIVATE PARTNERSHIPS IN THE PHILIPPINES: A PRACTICAL GUIDE FOR BUSINESS

The Philippines has been one of the pioneers in private sector participation in major government infrastructure projects in Asia. The Build-Operate-Transfer Law or RA 6957 passed in 1990 was the first of its kind in the region.

- Zambrano & Gruba Law Offices
Aquino reassures investors against regulatory risk

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.

- SyCip Salazar Hernandez & Gatmaitan
Philippine PPP Center established

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”).

- SyCip Salazar Hernandez & Gatmaitan
MANDATORY CONCILIATION-MEDIATION FOR ALL LABOR CASES

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.

- SyCip Salazar Hernandez & Gatmaitan
Prior Registration Not Required for Trade Name Infringement

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.

- SyCip Salazar Hernandez & Gatmaitan
PRIMER ON FOREIGN INVESTMENT IN THE PHILIPPINES

Here are some frequently asked questions (FAQ) on investing in the Philippines, such as choosing the right corporate vehicle, the allowed areas of investment, tax incentives, and other key information:

- Zambrano & Gruba Law Offices
PHILIPPINES ADOPTS RENEWABLE ENERGY FRAMEWORK

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.

- SyCip Salazar Hernandez & Gatmaitan
PHILIPPINES ADOPTS LEGAL FRAMEWORK FOR REITs AND RETIREMENT ACCOUNTS

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

- SyCip Salazar Hernandez & Gatmaitan
Philippines adopts new corporate rehabilitation and insolvency framework

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.

- SyCip Salazar Hernandez & Gatmaitan