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Quisumbing Torres

12TH FLOOR, NET ONE CENTER, 26TH STREET CORNER 3RD AVENUE, CRESCENT PARK WEST, BONIFACIO GLOBAL CITY, TAGUIG 1634, PHILIPPINES
Tel:
Work +63 2 819 4700
Fax:
Fax +63 2 816 0080
Email:

Philippines

Aviation
Aviation - ranked: tier 1

Quisumbing Torres

Quisumbing Torres’ aviation practice handles corporate, finance, dispute resolution and labour related issues. Practice head Rodrigo Quimbo acts for airline companies on mergers, regulatory compliance, competition law and operating permits.

Leading individuals

Rodrigo Quimbo - Quisumbing Torres

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Banking and finance
Banking and finance - ranked: tier 2

Quisumbing Torres

Quisumbing Torres’ department counts Japan Bank of International Cooperation, Industrial Bank of Korea and Sumitomo Mitsui Banking Corporation among its clients. Felix Sy leads the team, which is active in project financing and the insurance sector.

Leading individuals

Felix Sy - Quisumbing Torres

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Capital markets
Capital markets - ranked: tier 2

Quisumbing Torres

Elizabeth Opeña leads the securities team at Quisumbing Torres, which counts numerous foreign companies and financial institutions among its clients, including Charles Street Securities.

Leading individuals

Pearl Liu - Quisumbing Torres

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Corporate and M&A
Corporate and M&A - ranked: tier 1

Quisumbing Torres

Pearl Liu leads the six-partner corporate team at Quisumbing Torres, which counts Uber International, Wood Group and Pfizer (Asia Pacific) among its clients. Dennis Quintero acted for Glencore on the sale of its interest in one of the Philippines’ largest mining projects to a joint venture partner. Other clients include Forever 21 International Holdings and Atos.

Leading individuals

Dennis Quintero - Quisumbing Torres

Pearl Liu - Quisumbing Torres

Next generation lawyers

Alain Veloso - Quisumbing Torres

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Dispute resolution
Dispute resolution - ranked: tier 2

Quisumbing Torres

Donemark Calimon heads the practice at Quisumbing Torres, with strong support from Ramon Quisumbing, Rodrigo Quimbo, Miguel Galvez and Mia Imperial. Clients include UHS Essential Health Philippines and Uber Systems.

Leading individuals

Donemark Calimon - Quisumbing Torres

Ramon Quisumbing - Quisumbing Torres

Rodrigo Quimbo - Quisumbing Torres

Next generation lawyers

Anna Calsado-Amoroso - Quisumbing Torres

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Employment
Employment - ranked: tier 1

Quisumbing Torres

The ‘very responsive, practical’ Kenneth Chua co-heads the ‘excellent value’ practice at Quisumbing Torres with Gil Zerrudo. Eliseo Zuñiga, Jr is also active in the space. Clients include Johnson & Johnson and Takeda Pharmaceuticals Philippines.

Leading individuals

Gil Zerrudo - Quisumbing Torres

Kenneth Chua - Quisumbing Torres

Next generation lawyers

Catherine Franco - Quisumbing Torres

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Foreign firms
Foreign firms - ranked: tier 1

Baker McKenzie

Baker McKenzie is represented in the Philippines entirely by Quisumbing Torres, a high-profile local firm that has long maintained a strong reputation across several practice areas, including M&A, IP, aviation, employment and immigration.

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Immigration
Immigration - ranked: tier 1

Quisumbing Torres

Since Ricardo Castro’s retirement in 2015, Miguel Galvez has been leading the department at Quisumbing Torres. The practice assists multinational companies with procuring work permits and visitor visas.

Leading individuals

Miguel Galvez - Quisumbing Torres

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Intellectual property
Intellectual property - ranked: tier 1

Quisumbing Torres

The ‘excellent’ team at Quisumbing Torres counts Business Software Corporation, Novartis, Nikon Corporation and Potbelly Sandwich Shop among its clients. Bienvenido Marquez III and Divina Ilas-Panganiban lead the team.

Leading individuals

Bienvenido Marquez - Quisumbing Torres

Divina Ilas-Panganiban - Quisumbing Torres

Next generation lawyers

Reena Mitra-Ventanilla - Quisumbing Torres

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Projects and energy
Projects and energy - ranked: tier 1

Quisumbing Torres

Though increasingly busy on the renewables side, Quisumbing Torres’ practice still maintains a strong following among mining and oil and gas clients such as Red Mountain Mining and Otto Energy. Pearl Liu, Dennis Quintero and Lourdes de Leon lead the team.

Leading individuals

Dennis Quintero - Quisumbing Torres

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Real estate and construction
Real estate and construction - ranked: tier 1

Quisumbing Torres

The five-partner team at Quisumbing Torres is led by Elizabeth Opeña. Pearl Liu advised Maxim Integrated Products on the multimillion-dollar sale of its land to a real estate developer.

Leading individuals

Elizabeth Opeña - Quisumbing Torres

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TMT
TMT - ranked: tier 1

Quisumbing Torres

Bienvenido Marquez III leads the team at Quisumbing Torres, with strong support from Divina Ilas-Panganiban, who advised Uber International on the legal issues surrounding the implementation of a new software program.

Leading individuals

Bienvenido Marquez III - Quisumbing Torres

Divina Ilas-Panganiban - Quisumbing Torres

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Tax
Tax - ranked: tier 1

Quisumbing Torres

Quisumbing Torres counts Texas Instruments and Uber International among its clients. Dennis Dimagiba leads the two-partner team, which has strong contentious capabilities, and regularly assists clients in obtaining tax refunds worth millions of dollars. Ronald Bernas is also recommended.

Leading individuals

Dennis Dimagiba - Quisumbing Torres

Next generation lawyers

Kristine Mercado-Tamayo - Quisumbing Torres

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Further information on Baker McKenzie LLP

Please choose from this list to view details of what we say about Baker McKenzie LLP in other jurisdictions.

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Asia Pacific: Regional international arbitration

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Legal Developments by:
Baker McKenzie LLP

  • The New Turkish Code of Obligations: Important Changes for Leases of Residential & Business Premises

    For decades, the primary Turkish laws governing leases of residential and business premises have been the Law on Leasing Real Property dated May 27, 1955 (the “Lease Law”) and the Turkish Code of Obligations No. 818 dated April 22, 1926 (the “Obligations Code”). Both of these laws, however, will be repealed and replaced with the new Turkish Code of Obligations No. 6098 dated January 11, 2011 (the “New Obligations Code”), which will enter into force on July 7, 2012.
    - Esin Attorney Partnership

Legal Developments in Philippines

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
  • CPO: “Philippines: To Be or Not To Be a Data Protection Officer (DPO)”

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

    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

    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”

    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

    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

    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

    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”

    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

    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”

    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 .