Firms To Watch: Corporate and M&A

Led by Jeremiah Asis, the practice at Abuda Asis & Associates advises on M&As and joint ventures.
At Libra Law (Libarios and Partners), clients remark that the corporate team has ‘been impressed with the wealth of experience, professionalism, and hands-on attention given by’ practice leader Bernard Cobarrubias, who focuses on PPP transactions.
Sarmiento Loriega Law Firm advises on M&As involving companies in regulated industries. Maria Elizabeth Peralta-Loriega is among the primary contacts at the firm.

Corporate and M&A in Philippines

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw)

Angara Abello Concepcion Regala & Cruz Law Offices (ACCRALaw) has a strong national presence, with offices in Manila and Davao City. It has developed considerable expertise in structuring foreign equity investments in nationalised industries and remains a firm of choice for large-scale M&As and due diligence. Based in Manila, practice leader Judy Hao is recommended for her work on a broad array of business transactions and the establishment of branch offices, while Andre Navato has experience advising on the acquisition of power generation facilities in the Philippines. Everlene Lee is another key member of the group, who covers corporate, securities and capital markets transactions. Myra Montecalvo-Quilatan and Jessa Wong-Cantano oversee the practice in Davao City.

Practice head(s):

Judy Hao

Other key lawyers:

Everlene Lee; Myra Montecalvo-Quilatan; Jessa Wong-Cantano; Andre Navato


‘They are competent as lawyers and very professional. They work as a team, and at the same time, we can also rely on each member. They are easy to work with, very courteous, and helpful.’

‘I commend Everlene Lee for being professional. She is straightforward and makes the client feel at ease.’

Key clients

Unifrutti Tropical Philippines, Inc.

Sumitomo Mitsui Banking Corporation

Nagarro, Inc.

Warburg Pincus

Kersia Group

Advanced Manufacturing Control Systems Limited

Joffre Capital Limited thru King & Wood Mallesons

Nomura Real Estate Development Co., Ltd.

Quisumbing Torres

Led by Maria Christina Macasaet-Acaban, the first-rate team at Quisumbing Torres assists multinational corporations in large-scale deals and projects, including public and private M&As, joint ventures, as well as corporate governance, regulatory and compliance matters. On account of its assocoation with Baker McKenzie, the practice is well-placed to advise on cross-border transactions. Dennis Quintero acts for clients on multi-jurisdictional acquisitions of shares/assets, in addition to structuring investments and divestments across a range of industries, while Alain Charles Veloso is a key member of the firm’s fintech practice. Julius Cervantes receives plaudits for his advice on matters concerning foreign investment regulations. Luisa Fernandez-Guina co-heads the firm’s consumer goods and retail industry group, and associate Diane Maxima Singayan-Mallillin is another key contact in the team.

Practice head(s):

Maria Christina Macasaet-Acaban

Other key lawyers:

Dennis Quintero; Alain Charles Veloso; Diane Maxima Singayan-Mallillin; Julius Cervantes; Luisa Fernandez-Guina


‘We have been working with Quisumbing Torres on various corporate issues over the years and feel that they can deliver practical advice and assurance on our compliance with the local laws. Also Quisumbing Torres maintains close connection with the regulators so it is easy to reach out in case any consultation or regulatory interpretation is required.’

‘Dennis Quintero is our relationship partner and he is well-rounded on corporate and investment promotion issues in the Philippines.’

‘I have worked with Julius Cervantes for close to a decade. He’s very knowledgeable, always responsive and experienced.’

Key clients

Alphabet (Google Inc.)

Allianz PNB

APG Asset Management

Changi Airport International Pte. Ltd.

China Copper Co. Ltd

Forever 21 Incorporated


PruLife Insurance Corporation of U.K. (PLUK)

Prudential Corporation Asia (Prudential Asia)

Pilipinas Shell Petroleum Corporation

SBA Communications Corporation

Space Exploration Technologies Corporation

Universal Entertainment Corporation

Work highlights

  • Assisted a technology enabled revenue cycle management company in connection with its acquisition of the membership interests in the target, which is a US company that is a global leader in healthcare revenue cycle assistance.
  • Advised and assisted TA Associates, a global growth private equity firm, in the due diligence and review of transaction documents from a Philippine law perspective, in relation to its majority investment in InCorp Global, a leading corporate services provider in Asia.
  • Supported member firms of Baker McKenzie, led by Baker McKenzie Tokyo and Los Angeles offices in advising Universal Entertainment Corporation, Okada Manila’s parent company on its 2.6bn de-SPAC merger with 26 Capital Acquisition Corp. which will result in Okada Manila becoming a publicly traded company listed on Nasdaq.

SyCip Salazar Hernandez & Gatmaitan

SyCip Salazar Hernandez & Gatmaitan’s thriving practice acts on high-end investments and M&A deals in the Philippines. Under the leadership of Rocky Alejandro Reyes, the practice excels in foreign investments, with demonstrable experience advising on related matters concerning competition law, including merger notifications, anti-money laundering regulations, data privacy and e-commerce issues. Key clients include major local corporations, as well as foreign and global companies. Managing partner Hector de Leon focuses on equity investments, while senior partner Marievic Ramos-Añonuevo has a wealth of experience advising on a host of corporate and commercial matters. Of counsel Simeon Ken Ferrer is another key contact in the team.

Practice head(s):

Rocky Alejandro Reyes

Other key lawyers:

Melyjane Bertillo-Ancheta; Benedicto Panigbatan; Arlene Maneja; Hector de Leon; Marievic Ramos-Añonuevo; Simeon Ken Ferrer


‘I have worked on a series of public offers of preferred shares and corporate bonds with the SyCip team. I appreciated that the same team dealt with us from the start so that there was continuity.’

‘I felt that we were able to build an excellent working relationship and the team understood our strategic objectives.’

‘I was impressed by Melyjane Bertillo-Ancheta’s attention to detail, openness to engage in long discussions with us so that our objectives are aligned.’

‘Benedicto Panigbatan worked with us to successfully conclude two joint venture agreements. I appreciated his extensive knowledge and experience. He showed patience and attention to detail.’

‘They are also always available and respond to queries on time.’

‘They also have the expertise, both theoretical and practical, to help us solve our problems. They also have a unique way of making laymen understand complex legal issues.’

‘I work with Arlene Maneja.  I am very satisfied with her work. She delivers on-time and on-point.’

Key clients

Metro Pacific Group

San Miguel Corporation

Aboitiz Power Corporation

Nova Asia Company

Dentsu Aegis Network

Manila Electric Company

TPG Growth III SF Pte Ltd


Mitsubishi Fudosan

Mitsubishi Corporation

AC Energy Philippines

Dairy Farm Management Limited

Work highlights

  • Acted as local counsel to JERA Singapore (the purchaser) and JERA Japan (the parent corporation of JERA Singapore) on a deal, with King and Spalding (Singapore) LLP as the foreign counsel for the transaction.
  • Provided advice regarding the implementation of a global sale in relation to the Philippines, including compliance with the Bulk Sales Law.

Villaraza & Angangco (V&A Law)

Villaraza & Angangco (V&A Law) advises leading domestic companies across the telecoms, real estate, logistics and manufacturing, in addition to power and energy, healthcare, and banking and finance sectors. The group is led by Raoul AngangcoSylvette Tankiang and Franchette Acosta and acts for multinational companies on domestic and cross-border transactions, with an excellent reputation for its expertise in handling high-value acquisitions. It is also recommended for its advice on foreign direct investments into the country. Corporate and M&A expert Kristin Charisse Siao re-joined the team from an in-house position, while Maria Concepcion Simundac and Paul Rodulfo Imperial left the firm for in-house roles.

Practice head(s):

Raoul Angangco; Sylvette Tankiang; Franchette Acosta

Other key lawyers:

Kristin Charisse Siao


‘The V&A Law team has in-depth knowledge and particular attention to detail.’

‘While the legal issues are diverse, there appears to be a seamless collaboration among the VA practice groups on various issues.’

‘The team is very responsive to queries, accessible, collaborative and easy to work with.’

‘I would like to mention Franchette Acosta and Kristin Charisse Siao. Both are hands-on partners, very accessible and responsive to calls, texts, and emails.’

‘They are a big team with several associates supporting the partners, but they are flexible in the fees, willing to adjust according to our legal budget. They are quick to respond, and knowledgeable in their field.’

‘Kristin Charisse Siao is always available and prompt in her responses. She listens to our concerns and willing to adjust the work scope to address our needs.’

‘The team is helpful and responsive to our inquiries and requests.’

‘They help us out with our requests and explain the process and information needed for certain submissions. They have diverse specialisations and are very holistic in their approach.’

Key clients

AC Logistics Holdings Corporation (subsidiary of Ayala Corporation)

AC Infrastructure Holdings Inc.

Consortium of Philippine Banks (BDO Unibank, Inc., Bank of the Philippine Islands, Rizal Commercial Banking Corporation)

China Telecommunications Corporation

Dito Telecommunity Corporation

Udenna Corporation

SEA Group

Grab Financial Services Philippines, Inc.

Nissan Philippines, Inc.

Globe Telecoms

Manila Water Total Solutions Corporation


Lockton Philippines Insurance & Reinsurance Brokers, Inc.

Fujian Yongfu Power Engineering Co., Ltd.

Filipino Fund Inc.

GP Network Asia Pte. Ltd.

Lalamove Philippines Inc.

FSG Capital, Inc.


Work highlights

  • Assisting AC Logistics Holdings Corporation, the logistics arm of Ayala Corporation, in its proposed acquisition of a 60% interest in Air 21 Holdings, Inc.
  • Advised Udenna Corporation in its proposed investments, through its subsidiaries, in the Malampaya Gas Field.
  • Acts for China Telecommunications Corporation in managing its investments in Dito Telecommunity Corporation and in complying with its funding and other obligations therein.

Martinez Vergara & Gonzalez Sociedad

Steered by Rosalia Bartolome-Alejo, the team at Martinez Vergara & Gonzalez Sociedad represents local and foreign clients on their acquisitions, strategic divestment of assets and businesses, as well as their mergers and consolidations with subsidiaries and affiliates. Counting private entities and publicly listed companies among its key roster of clients, the team advises foreign companies on their direct investment into the Philippines and has considerable experience in the banking, power and energy, shipping, real estate and manufacturing sectors. Key contacts include Manuel Gonzalez and Mark Vergara, while Elmer Serrano, Phil Ivan Chan and Tephanie Gandia departed to Serrano Law in January 2022.

Practice head(s):

Rosalia Bartolome-Alejo

Other key lawyers:

Manuel Gonzalez; Mark Vergara

Key clients

Citibank N.A. (Philippine Branch)

Nexif Energy Philippines Holdings B.V. (Nexif)

Qbits Resources Corporation

Steniel Cavite Packaging Corporation

Steniel Mindanao Packaging Corporation

Calumpang Packaging Corporation

Qbitprint, Inc.

ACX3 Capital Holdings (Philippines)

Suntrust Home Developers, Inc.

Nickel Asia Corporation / Emerging Power, Inc.

Farallon Capital

Aboitiz Infracapital, Inc.

Puyat Jacinto & Santos Law Offices

Noted for its expertise in domestic and cross-border M&As, Puyat Jacinto & Santos Law Offices advises on joint venture agreements, equity investments and divestments, in addition handling the acquisition of non-performing assets. The team is collectively led by Regina Jacinto-Barrientos, Virginia Viray, Gwen Grecia-De Vera, Rachelle Diaz, Maria Raquel Chavez, Shirley Velasquez-Viray and Elaine Marie Laceda.

Practice head(s):

Regina Jacinto-Barrientos; Virginia Viray; Gwen Grecia-De Vera; Rachelle Diaz; Maria Raquel Chavez; Shirley Velasquez-Viray; Elaine Marie Laceda

Work highlights

  • Acting as transaction counsel in the successful bid and acquisition financing by EdgePoint Infrastructure of PLDT Inc.’s telecommunication towers and related passive telecommunications infrastructure.
  • Acting as local counsel to Hinduja Global Solutions (HGS) in its sale of its healthcare division to Barings Private Equity Asia.
  • Provided legal due diligence services in relation to the proposed acquisition by Hinduja Global Solutions Limited of the Philippine subsidiaries of Diversify Offshore Staffing Solution PTY. Ltd.

Cruz Marcelo & Tenefrancia

Led by Aida Araceli Roxas-Rivera, the team at Cruz Marcelo & Tenefrancia handles a broad range of transactions and is highly regarded for its advice to local and foreign clients on their investments into the Philippines, in addition to compliance matters. It is also adept at advising on joint ventures and covers all aspects of M&As, from due diligence to post-closing requirements. Senior partner Manuel Manaligod is vastly experienced in infrastructure and public partnership deals, while Patricia Bunye has demonstrable experience across the mining, natural resources and energy sectors. Rosa Michele Bagtas and Pancho Umali are key contacts in the group.

Practice head(s):

Aida Araceli Roxas-Rivera

Other key lawyers:

Manuel Manaligod; Patricia Bunye; Rosa Michele Bagtas; Pancho Umali


‘Readily available, reliable, consistent, deep knowledge of the issues and timely in responding.’

Key clients

Pilipinas Shell Petroleum Corporation

Certara Philippines, Inc.

Asian Terminals, Inc.

ABS-CBN Corporation

Unicapital, Inc.

W Group of Companies

Aboitiz Equity Ventures, Inc.

Aboitiz Power Corporation

Suyen Corporation

Seven Bank, Ltd.

Ayala Healthcare Holdings, Inc.

Pepsi Cola Products Philippines, Inc.

BF Jade E-Services Philippines, Inc. (ZALORA PH)

Sta. Lucia Land, Inc.

Unilever Group of Companies

Lazada E-Services Philippines, Inc.

Connected Freight Solutions Philippines, Inc.

Lamsan Holdings Corp.

Sony Global Business Services Inc.

DOLE Philippines, Inc.

PTFC Redevelopment Corporation

PayMongo Philippines, Inc.

Kepwealth Properties Philippines, Inc.

Furukawa Electric Co., Ltd.

Peak Support Global Enterprises, Inc.

Advanced Assembly Materials Philippines, Inc.

UNObank Inc.

Zed Financial, Inc.

Maven Clinic

Work highlights

  • Advised Aboitiz Equity Ventures, Inc. and Aboitiz & Co., Inc. in the acquisition of 27% stake in Aboitiz Power Corporation by JERA Asia Private Limited, with an amount of $1.5bn.
  • Advised on the acquisition of an aggregate 75% stake by Sojitz Corporation in LBS Digital Infrastructure Corp. The transaction is estimated to amount to $63m.
  • Advised and assisted Furukawa Japan in its: (a) the acquisition of all outstanding shares of Lemtech PH (the “Share Sale”); and (b) the merger between Lemtech PH and Furukawa PH (a wholly owned subsidiary of Furukawa Japan) after the completion of the Share Sale. The transaction amounted to $2.4m.

Disini & Disini Law Office

Disini & Disini Law Office has been kept busy advising on corporate organisations and reorganisations, company registrations and a myriad of issues concerning financial restructuring and M&As. The agile team recently advised foreign clients on their investments into electronic money and cryptocurrency in the Philippines. Managing partner JJ Disini, who acts for foreign investors on the acquisition of financial technology companies, heads the department and Lars Serzo, who ‘goes above and beyond’ for her clients, is a key contact in the fintech practice. Special counsels Louis Marshall Lo and Janice Bernabe-Sibuyan are also key members of the team.

Practice head(s):

JJ Disini

Other key lawyers:

Lars Serzo; Louis Marshall Lo; Janice Bernabe-Sibuyan


‘They are always available, transparent, reasonable, easy to work with, accommodating, knowledgeable and on top of the work.’

‘Lars Serzo goes above and beyond and knows how to delegate, follow up and stay informed and present when necessary. She is always sharp with her recommendations and has never dropped the ball with us.’

Key clients

Kumu Inc.

IdeaSpace Foundation Inc.

Ideyatech Inc.

Pro Tek Telecoms Support Inc.

Data One Asia (Philippines) Inc.

Finacore Corporation

Mobi X Sytems Inc.

Eastern Securities Development Corporation

Senti Techlabs Inc.

Delta Earthmoving Inc.

Zennya Inc.

Tricog Health Pte. Ltd.

Quickreach Pte. Ltd.

Carousell-Ph Inc.

Equiprime Optimum Solutions

Senti Techlabs Inc.

Blogapalooza Inc.

Delta Earthmoving Inc.

Social Light Inc.

QuadX, Inc.

Work highlights

  • Representing various foreign companies in relation to a multi-million USD acquisitions of central bank regulated companies in the country.
  • Advised a technology company in a funding round which resulted into multi-million dollar funding being raised.
  • Advised a technology company engaged in, among others, the provision of logistics services with respect to corporate restricting involving the infusion of almost PHP300m in capital.

Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law)

The corporate and M&A practice at Gatmaytan Yap Patacsil Gutierrez & Protacio (C&G Law) is led by Norma Margarita Patacsil. It is regularly instructed on corporate and commercial transactions across the real estate, energy, manufacturing and logistics sectors. The team has also assisted clients in obtaining Philippine Competition Commission approvals for numerous M&As. Other names to note include Andrea Katipunan, who specialises in corporate and commercial transactions, as well as PPPs and government procurements, and Katrine Paula Suyat-Antonio.

Practice head(s):

Norma Margarita Patacsil

Other key lawyers:

Andrea Katipunan; Katrine Paula Suyat-Antonio

Key clients

Ayala Land, Inc.

AC Energy Corporation

Ayala Corporation

Work highlights

  • Advised Ayala Land, Inc. (ALI) on its five-way merger, involving ALI and four of its subsidiaries.
  • Advised Ayala Land, Inc. on the merger of the Cebu subsidiaries of ALI.
  • Advised and represented a subsidiary of wpd AG, a German renewable energy company, in the acquisition of an equity interest in an onshore wind farm developer.

Gulapa & Lim (Gulapa Law)

With Aris Gulapa and Melissa Ester Chavez-Dee at the helm, Gulapa & Lim (Gulapa Law)’s practice focuses on share and asset acquisitions of public utilities, with demonstrable experience advising mergers in the insurance sector and assisting clients in the establishment of new corporate vehicles. Gulapa has recently advised various multinational clients on cross-border share and asset acquisitions, while Chavez-Dee covers a wide range of corporate and commercial matters.

Practice head(s):

Aris Gulapa; Melissa Ester Chavez-Dee


‘Gulapa Law’s edge is its willingness to learn about the client’s business and to provide effective legal solutions for its concerns.’

‘The individuals we have worked with at Gulapa Law are very hardworking. They are also flexible enough to perform their work despite the remote set-up.’

Key clients

Kyushu Electric Power Co., Inc.

Ayala Corporation

AXA Philippines (Philippine AXA Life Insurance Corporation and Charter Ping An Insurance Corporation)

Alternergy Group

Work highlights

  • Assisting Kyushu Electric Power Co., Inc. (“Kyuden”) in implementing the investment agreement between the parties, as well as advising on all ongoing relevant legal issues in relation to the acquisition of shares of Kyuden in Powersource, a Qualified Third Party under the Philippine Electric Power Industry Reform Act.
  • Advising and assisting Ayala Corporation in the acquisition of shares in the Special Purpose Vehicle in relation to one of the country’s flagship PPP projects.
  • Assisting AXA Philippines, which is engaged in the business of life insurance, process its merger with a wholly-owned subsidiary Charter Ping An Insurance Corporation, which is engaged in the business of non-life insurance.

Zambrano Gruba Caganda & Advincula

Zambrano Gruba Caganda & Advincula advises domestic and foreign clients on a broad array of M&As and corporate transactions, with considerable expertise in foreign investments. Lily Gruba specialises in commercial matters, as well as structuring cross-border deals and contracts, while Angelo Advincula advises on the tax aspects of transactions. Antero Jose Caganda and Michael Stephen Lao also play a pivotal role in the department.

Practice head(s):

Lily Gruba; Antero Jose Caganda; Angelo Patrick Advincula

Other key lawyers:

Michael Stephen Lao

Key clients

Vivant Energy Corporation

Fortun Narvasa & Salazar

Led by Maria Carmen D Babista-Lazaro, Fortun Narvasa & Salazar’s practice acts for a broad range of domestic and international clients across the manufacturing, real estate and retail trade sectors. The team covers the full spectrum of corporate and commercial matters, from advising on M&As to insolvency and debt restructuring, as well as corporate and commercial disputes. Roderick R.C. Salazar III is a primary contact for mining, projects and energy work.

Practice head(s):

Maria Carmen D Babista-Lazaro

Other key lawyers:

Roderick R.C. Salazar III


‘They have strong leadership team which can be relied on and they study the case thoroughly. The corporate team answer all our queries in a timely manner.’

Key clients

IXWA Investments Limited

Verizon Communications (Philippines), Inc.

Alkem Laboratories Corporation

Astec Consumer Power Product, Inc.

BD Agriculture (Philippines), Inc.

Jones Lang La Salle (Philippines), Inc.

Canon Business Service Center Philippines, Inc.

First SLP Holdings, Inc.

Ociusnet, Inc.

Our Property Ventures, Inc.

One Dominion Corporation

Verizon Communications (Philippines), Inc.

Taiyo Plastic Corporation of the Philippines

Shinhan Bank Manila Branch

Roedl Philippines, Inc.

NERA Philippines, Inc.

Pernod Ricard Philippines, Inc.

Otsuka (Philippines) Pharmaceutical, Inc.

Otsuka-Solar Philippines, Inc.

Maccaferri Philippines, Inc.

GHL Systems Philippines, Inc.

FCF Minerals Corporation

Mhe-Demag (P), Inc.

CD Processing (Philippines), Inc.

SEMCO Exploration and Mining Corporation

Toyota Financial Services Philippines

Royal Cablevision Corporation

Kou Fu Packaging Corporation

David’s Salon, Inc.

Embassy of the Federal Republic of Germany

Big Dutchman Phils. Inc.

Work highlights

  • Advised Phil. Gold Processing & Refining Corp. on the redemption of its preferred shares worth $180m and on the decrease in its authorised capital stock as a result thereof.
  • Conducted a due diligence and provided legal opinion required by Whale Cloud Technology Co., Ltd. in preparation for a listing on the stock exchange in China.
  • Assisted King & Wood Mallesons in responding to legal issues of Microsoft on their products to be offered in the Philippine market.

Gorriceta Africa Cauton & Saavedra

Under the leadership of Mark GorricetaKristine Torres and Micaela Kristina Galvez, the ‘client centric’ corporate team at Gorriceta Africa Cauton & Saavedra has bolstered its expertise in the banking and fintech sectors, with demonstrable experience advising on cybersecurity, blockchain, smart contracts, e-commerce, artificial intelligence, cybercrime, and data privacy issues. Gorriceta is the firm’s managing partner and advises on capital markets transactions, while Torres is a key contact in the corporate and TMT departments. Galvez advises on matters concerning securities offerings, M&As and tax planning matters.

Practice head(s):

Mark Gorriceta; Kristine Torres; Micaela Galvez


‘Very client centric. Goes above and beyond and values long-term relationships.’

Key clients

Unionbank of the Philippines

UBX Philippines Corporation

DM Wenceslao & Associates, Incorporated

Seaoil Philippines

S&P Global Philippines, Inc.

Xurpas Inc.

Apppps Partners, Inc.

Investree Philippines, Inc.

Filinvest Development Corporation

Dlocal, LLP

I-Remit Inc

Multisys Technologies Corporation

IRIS Corporation Berhad


Binance Capital Management Co. Ltd. and Binance Holdings, Ltd.

Asiawide Land

Plentina Lending, Inc.

Insights Philippines Legal Advisors (a member firm of the KPMG Law network)

Insights Philippines Legal Advisors (a member firm of the KPMG Law network) has a strong capability advising on M&As and corporate matters, in addition to advising national and international clients on a host of issues affecting their entry into the local markets. Practice head Felix T. Sy concentrates on M&As, banking and finance, and securitisation mandates.

Practice head(s):

Felix T. Sy

Other key lawyers:

Mary Aubbrey Leigh Lim


‘We are currently working with the IPLA Team in the Philippines on a corporate restructuring project. The team is quite well-versed with the local regulation and has a detailed approach to the paperwork involved.’

‘We find Mary Aubbrey Leigh Lim to be very patient and composed. The responses to our needs are very detailed and thorough.’

Del Rosario & Del Rosario

Noted for its expertise in the shipping sector, the corporate practice at Del Rosario & Del Rosario handles a broad range of matters concerning direct foreign investments, company formations and M&As, as well as joint ventures and general corporate work. Ruben Del Rosario jointly leads the team alongside Arturo Del Rosario.

Practice head(s):

Ruben Del Rosario; Arturo Del Rosario

Kua Sy & Yeung Law Offices (SKY Law)

Counting local and international companies among its key roster of clients, Kua Sy & Yeung Law Offices (SKY Law) advises on acquisitions and corporate restructurings across the banking and finance, real estate and telecoms sectors. The team is also noted for its expertise in assisting Filipino-Chinese families on all aspects of their business ventures. Practice head Edson Byron Sy advises on general corporate matters, in addition to foreign investments, M&As and joint ventures.

Practice head(s):

Edson Byron Sy


‘Kua Sy & Yeung Law Offices (SKY Law) is the best partner for agile companies who need a very hands-on legal team. They are very considerate when communicating with us.’

‘We trust Edson Byron Sy 100%. He has a way of really making you feel safe, secure, and protected under his care.’

‘Revert to clients fast, especially in emergency situations.’

‘Efficient, knowledgeable, well-versed and experienced with their specialisation. They never leave any stone unturned.’

‘Skylaw’s team is courteous. Transactions are done smoothly and they provide services fast.’

‘The lawyers are easy to reach and coordinate with. They respond quickly to anything we need.’

‘The team are trustworthy.’

Key clients

Visaya Knowledge Process Outsourcing Inc.

Pacific Strategies & Assessments Philippines,


Inspira Prime International Corporation

Sucree Coco and Love, Inc.

Exceture Inc.

Fortem Cement Corporation

Aguinaldo Development Corporation

Tesoro’s Group of Companies

Alt-Global-Solutions Inc.

Eat Fresh Deli Corporation

Work highlights

  • Advised Visaya Knowledge Process Outsourcing Inc. on the investment by a US investment fund in the corporation.
  • Advised Aviva Prime Corporation in the sale of some of its shares in a corporation engaged in shared passive telecommunication tower infrastructure business.
  • Advised Philippine Cockfighting International Inc. on securing its gaming license from the Philippine Amusement Gaming Corporation to stream gaming events, both within and outside the Philippines.

Ocampo Manalo Valdez & Lim

Jointly led by Carlos Ocampo and Manolito Manalo, the team at Ocampo Manalo Valdez & Lim handles corporate matters across the food and beverages, manufacturing, leisure resorts, and retail and distribution sectors.

Practice head(s):

Carlos Ocampo; Manolito Manalo

Serrano Law

Led by founding partner Elmer Serrano, the group at Serrano Law handles the corporate governance and compliance requirements of publicly-listed companies, as well as public corporations holding secondary licenses. Praised for providing ‘valuable advice on complex M&As’, the team regularly acts as counsel on acquisitions involving both equity purchase and asset sales in the shipping, logistics, real estate, energy and retail sectors. Serrano established the firm in January 2022 and was joined by Phil Ivan Chan and Tephanie Gandia, who left Martinez Vergara & Gonzalez Sociedad in the same month.

Practice head(s):

Elmer Serrano

Other key lawyers:

Phil Ivan Chan; Tephanie Gandia; Melissa Jean Hipolito


‘Serrano Law is composed of highly proficient and experienced lawyers. They are able to handle complex issues and provide innovative and practical legal solutions. They are versatile and provide valuable advice on complex M&As.’

‘Efficient, responsive and prompt.’

‘The team is small and thereby focused and experienced enough to handle clients with professional care.’

‘Serrano Law has very good client relationships, knowledge and grasp of the industry sector, particularly in financial services. They are well-versed on domestic and international law and business trends and practices impacting our business.’

‘They deliver good quality services in a timely manner but cost-efficient. They are responsive and accessible.’

‘Use of technology and innovation is a competitive advantage for them in the delivery and quality of their services.’

‘Elmer Serrano definitely stands out. On top of his legal expertise, he thinks out-of-the box. He has good interpersonal relationship, excellent leadership skills, very accessible and responsive.’

‘Phil Ivan Chan and Melissa Jean Hipolito are in the mould of their senior partner. Well-versed in the law, good understanding of our business, responsive and accessible, and they both deliver good quality services in a timely manner.’

Key clients

BDO Unibank, Inc.

SM Investments Corporation

2GO Group, Inc.

Udenna Corporation

Hitachi (Japan)

Hitachi Digial Payments (Sri Lanka)

Megalink, Inc.

Human Managed Pte. Lte.

Invicta Cyber Defence Inc.

Premium Leisure Corp.

PremiumLeisure Amusement, Inc.

Chelsea Logistics and Infrastructure Holdings


BDO Leasing and Finance, Inc.

BDO Finance Corporation

Udenna Land/Clark Global City Corp.

Philippine Dealing Holdings Corp.

Philippine Depository & Trust Corp.

Philippine Dealing & Exchange Corp.

Philippine Securities Settlement Corp.

Atlas Consolidated Mining and Development


Carmen Copper Corporation

BDO Life Assurance Company

Asian Appraisal Company, Inc.

Armstrong Pacific Inc.

Rockland Overseas Limited

Bankers Association of the Philippines

Philippine Payments Management, Inc.

Neo Group of Companies (formerly Net


Armscor Global Defense, Inc.

Udenna Corporation

JACCS Finance Philippines Corp.

NCM Mutual Fund of the Phils., Inc.

AG Finance Incorporated.

BAP Data Exchange, Inc.

BDO Network Bank

TFB, Inc. (Giordano Philippines)

Work highlights

  • Acting as transaction counsel in the merger of SM Investments Corporation and Allfirst Equity Holdings, Inc.
  • Acting as transaction counsel to premier private equity firm Thomas H. Lee Partners, L.P. for the potential acquisition of inRiver AB.
  • Advised a group of investors in their application for a digital bank license with the Philippine central bank, Bangko Sentral ng Pilipinas.

Subido Pagente Certeza Mendoza & Binay (SPCMB Law Offices)

Subido Pagente Certeza Mendoza & Binay (SPCMB Law Offices) advises on projects and cross-border equity transactions, in addition to acting for clients on compliance issues with the Philippine Stock Exchange and the Securities Exchange Commission. Martin Subido and Jennifer Ong lead the team alongside Princesita Pasana-Turgano and Paula Katrina Nora.

Practice head(s):

Martin Subido; Jennifer Ong; Princesita Pasana-Turgano; Paula Katrina Nora


‘The team is very professional.’

‘Jen Ong attends to our needs and is able to get back to us with answers within a day or two, which demonstrates the priority we are given.’

Key clients

Makati Life Nurture Medical Center, Inc.

Greenergy Holdings Inc.

Work highlights

  • Acted as the transactional counsel of Makati Life Nurture Medical Center, Inc. in relation to the Php 5.0bn Omnibus Loan and Security Agreement, equivalent to USD100m, with the Development Bank of the Philippines, Land Bank of the Philippines and Union Bank of the Philippines.
  • Advised the Greenergy Holdings Inc. on the acquisition of U-Pay Digital Technologies, Inc., a financial technology company, from one of the largest media and entertainment organisations in the Philippines.

Tiongco Siao Bello & Associates

Counting start-ups and conglomerates among its key roster of clients, Tiongco Siao Bello & Associates is adept at handling corporate transactions, as well as advising on commercial contracts and regulatory compliance matters. Greg Joseph SJ. Tiongco leads the practice alongside John Philip Siao.

Practice head(s):

Greg Joseph SJ. Tiongco; John Philip Siao

Key clients

PMFTC, Inc. (Philip Morris and Fortune Tobacco)

The Coca-Cola Company

China Telecom Corp., Ltd., FutureNet and Technology Corp., and China Telecom Fufu Information Technology Co. (China Telecom subsidiaries)

PT GoTo Gojek Tokopedia

Ayala Healthcare Holdings, Inc.

PhilTower Consortium Inc.


EEI Corporation

SEAOIL Philippines

Phoenix Petroleum Philippines, Inc.

Pathology Asia Holdings Pte. Ltd.


Genpact, LLC

Cebuana Lhuillier

Novateur Coffee Concepts Inc.

Philippine Realty and Holdings Corporation

PIK Group

Manpower Group

Riot Games Services Pte. Limited

Philippine FamilyMart CVS, Inc.,

Pro-Excel Property Managers, Inc.

Beta Electromechanical Corporation

Pinakamasarap Corporation (Marca Piña)

Work highlights

  • Assisted PhilTower Consortium Inc. in its bid for the telecom towers of PLDT, with an approximate value of $1.5bn.
  • Advised Ayala Healthcare Holdings, Inc. (AC Health) through Healthway Philippines, Inc. (HPI), on its acquisition of a majority stake of Mercado General Hospital Inc. (MGHI).
  • Advised PT GoTo Gojek Tokopedia on the sale of Coins.PH.