Watt’s Next: The MMDA’s Ban on E-Bikes and E-Trikes
By: Atty. Hans Richmond Ong September 4, 2024 – It is no secret that Filipinos love cars. The impressive vehicle sales performance for the first quarter of 2024 showing a 12.7% increase year on year[1] is clear indication of the auto industry’s recovery from the COVID-19 pandemic-induced slump[2].
Retail Reboot: Unboxing the Internet Transactions Act of 2023
By: Atty. Ellice Edlyn L. Crescini October 1, 2024 – The COVID-19 pandemic forced everyone to change the way they shop. Some of those changes, like the urge to hoard face masks and alcohol, were short-lived. But other fundamental changes appear to be here to stay. While e-commerce was a buzzword some years ago, today …
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ESG Investing and Sustainability Reporting in the Philippines
By Atty. Kristine Torres and Atty. Mark S. Gorriceta January 31, 2025 – In recent years, we have seen a transformative shift in how investments are evaluated by incorporating environmental, social and governance (ESG) factors in investment decision-making. Beyond profitability, investors look through a business’ sustainability by evaluating environmental and societal contributions, and governance practices …
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Now Loading…VAT on Digital Services
By: Atty. Karlene Erika Liao February 18, 2025 – On October 2, 2024, President Ferdinand R. Marcos, Jr. signed into law Republic Act No. 12023 or the Value-Added Tax (VAT) on Digital Services Act (the “Act”), which aims to ensure equitable tax treatment of all digital businesses providing services in the Philippines and generate much-needed …
It’s More (Re)Fun(d) in the Philippines – A VAT Refund Legislation for Foreign Tourists!
By: Atty. Gerard Ceasar S. Baguio February 28, 2025 – What better way to end a vacation than claiming Value-Added Tax (VAT) or Sales Tax refunds as you wait for your flight back home? Many countries recognize the benefit of encouraging tourists to shop locally by offering these refunds. However, for foreign visitors to the …
How Businesses Can Protect Their Brand Names
By Atty. Micaela Kristina Galvez & Atty. Mark Gorriceta February 28, 2025 – There is growing complexity and competitiveness in brand management in the global market.
Economou & Co LLC Achieves Landmark Mareva Injunction Against State
In a notable recent success, our arbitration team obtained a Mareva injunction (prohibitory order) against a state, marking a significant victory in a multi-million-dollar dispute.
Economou & Co LLC Secures Significant Victory in Corporate Litigation Case
Economou & Co LLC is pleased to announce a significant victory achieved by our Corporate Litigation team in a high-stakes case involving our client, a prominent investment firm, supervised by the Cyprus Securities and Exchange Commission.
Economou & Co LLC Secures Landmark Judgment in EUR 40 Million Insolvency Case
Economou & Co LLC has successfully represented a renowned financial institution in a pivotal insolvency case, securing validation of a claim exceeding EUR 40 million.
Distinguishing Between Civil and Criminal Law: A Landmark Decision in Nicosia
Legal practitioners often face the challenging task of distinguishing between civil and criminal law—a distinction that is not always clear-cut.