The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

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:

Dennis Quintero

Tel:
Work +63 2 819 4962
Email:
Baker McKenzie LLP

Work Department

Dennis Quintero is a partner in the Corporate & Commercial Practice Group of Quisumbing Torres. He heads the Firm's Energy, Mining & Infrastructure Industry Group.

Position

Dennis advises clients on cross-border acquisitions of shares/assets as well as on structuring investments and divestments in a range of industries. He advises clients in joint venture negotiations and agreements. He has worked on project financing transactions and related corporate structuring and regulatory matters. Representative Legal Matters: 1) Advise a Korean company that develops and manages water resources and water supply facilities in its joint venture for the construction, operation and maintenance of a water treatment facility in the Philippines awarded under the Build-Operate-Transfer Law/Public-Private Partnership Program. 2) Advise a German financial services company in the completed acquisition of a controlling interest in a major Philippine commercial bank's life insurance business in the Philippines. 3) Advise Galoc Production Company on commercial and regulatory matters in relation to its interests and duties as operator for the Galoc oil field project and other petroleum services contracts in the exploration stage. 4) Advise an Australian gold mining company listed on the Australian Stock Exchange (ASX) with gold mining operations in the Philippines on equity structure of its investment in its Philippine affiliates, employment of foreign nationals in Philippine affiliate, establishment of Regional Operating Headquarters, compliance with Philippine laws on practice of profession, and permits required for foreign nationals to practice geology/engineering in the Philippines. 5) Represent a Philippine affiliate of an ASX-listed company in (a) obtaining the required local government consent and in engagement with the national government for a gold project to proceed to production following completion of its feasibility study and (b) joint venture negotiations in respect of a number of its tenements. 6) Advise one of the largest banks in Korea and the investment banking arm of another large Korean bank in respect of its investments in and the structuring of project company that will construct and operate a waste incineration plant. 7) Advise a Japanese government corporation that provides financial support and expertise for overseas infrastructure businesses on transaction structuring (joint venture) in relation to its partnership with the Bases Conversion and Development Authority for the Clark Green City and the Clark Rail Transit System projects. 8) Assist an Australian travel retailing services company in its acquisition of equity interests in an travel industry software company. 9) Advise one of the largest commodities/mining companies in the world in the sale of its interest in a Philippine copper-gold project. 10) Advise a private equity and venture capital firm in respect of the structuring of its investment s in a portfolio of Philippine renewable energy projects.

Career

Trained Philippines; qualified 2000; associate Quisumbing Torres 2000, partner 2010. Publications of note: author, ‘Primer on the Philippine Metals Industry’, (Baker McKenzie, February 2015); co-author, ‘Asia Pacific Guide to Mergers & Acquisitions’, (Baker McKenzie, January 2013); author, ‘Primer on the Philippine Minerals Industry’, (Quisumbing Torres, 2016); author, ‘Philippine Mineral, Oil and Gas, and Coal Tenure Systems’, (Australian Resources and Energy Law Journal, July 2009); co-author, 'The Regulation of Cyberspace' (The Philippine Law Journal, 1999); co-author, 'International Guide to Contaminated Land' (Baker McKenzie, October 2015)

Languages

English; Filipino.

Member

Chairman & Trustee, Philippines-Australia Business Council; Corporate Secretary,  Enactus Philippines; Member, Section on Energy, Environment, Natural Resources and Infrastructure Law, International Bar Association; Member, Legal Committee, Chamber of Mines of the Philippine; Founding Committee Member, Singapore Branch, Australian Resources and Energy Law Association (AMPLA); Member, Association of International Petroleum Negotiators, Philippine Mining and Exploration Association, Philippine Mine Safety and Exploration Association, Australia-New Zealand Chamber of Commerce of the Philippines, Canadian Chamber of Commerce of the Philippines, Inc., Korean Chamber of Commerce of the Philippines, Philippine Institute of Certified Public Accountants

Education

University of the Philippines (BS Business Administration and Accountancy, cum laude); University of the Philippines (LLB; Order of the Purple Feather Honor Society).


Philippines

Corporate and M&A

Within: Corporate and M&A

Led by the ‘terrific’ Pearl Liu, the seven-partner corporate team at Quisumbing Torres is experienced in advising multinational companies executing mergers, acquisitions, dispositions of corporate assets and other types of reorganisation. Dennis Quintero advised Allianz SE on post-closing and operational matters on the completed acquisition of a controlling interest in a major Philippine commercial bank’s life insurance business. TechIron Resources, Korea Water Resources Corporation and Blue Bird Merchant Ventures are clients.

[back to top]

Projects and energy

Within: Leading individuals

Dennis Quintero - Quisumbing Torres

Within: Projects and energy

The ‘capable and experienced’ team at Quisumbing Torres is led by Dennis Quintero, Pearl Liu and Lourdes de Leon, who have ‘a deep understanding of the Philippines’ oil and gas legal market’. The firm recently advised Techlron Resources on contractual matters relating to its joint venture project. MWH New Zealand, GRCO Isulan Mining Corporation and Philipinas Shell Petroleum Corporation are also clients.

[back to top]


Back to index

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
  • SyCipLaw TMT Bulletin: “More Philippine Data Privacy Act: Are you Ready for Phase II?”

    Controllers and processors who have completed Phase I registration with the National Privacy Commission (NPC) will now have to gear up for Phase II. Phase II involves providing the NPC certain information on the organization’s compliance with the Data Privacy Act (DPA).
  • Getting the Deal Through: Appeals 2017

    The Philippine chapter of Getting the Deal Through: Appeals 2017 was contributed by SyCipLaw partner Ramon G. Songco and associate Kathleen Kay A. de Guzman . The chapter provides key insight into the appellate stage of dispute resolution in the Philippines.
  • The International Comparative Legal Guide to: Patents 2018

    The Philippine chapter of the International Comparative Legal Guide to: Patents 2018 was contributed by SyCipLaw partners Enrique T. Manuel and Vida M. Panganiban-Alindogan . The chapter answers key questions on patent enforcement, patent amendment, licensing, patent term extension, patent prosecution and opposition, border control measures, and antitrust laws and inequitable conduct. It also gives an overview on current patent developments in the country.
  • IBA Taxes Committee: “Developments in Philippine Tax Laws and Regulations”

    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”

    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)”

    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.