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Written on December 29, 2022
By: Ramon Vaughn Dy III on December 29,2022 PURSUANT to the request of the Department of Energy (DoE), the Department of Justice (DoJ) issued a legal opinion that revisited foreign investment limits in the exploration, development and utilization (EDU) of solar, wind, hydro and ocean/tidal energy resources in relation to...
Written on December 22, 2022
By Atty. Mark Anthony P. Tamayo on December 22,2022 THE exclusive appellate jurisdiction of the Court of Tax Appeals (CTA) covers decisions by the Bureau of Customs (BoC) commissioner in cases involving liability for customs duties, fees or other money charges, seizure, detention or release of property affected, fines, forfeitures...
Written on December 1, 2022
 By Euney Marie Mata-Perez on December 1, 2022 THE Covid-19 pandemic has revolutionized work habits. It made work-from-home (WFH) arrangements viable and even preferred by certain sectors and employees. Employers, particularly those in the information technology-business process management (IT-BPM) sector, were subsequently challenged after the government required that 100 percent...
Written on November 10, 2022
By Ellaine Anne Bernardino on November 10,2022 TO incentivize employees to perform better and attract new talent, some companies offer equity-based compensation as part of compensation packages. The term “equity-based compensation” covers all types of employee equity schemes and comes in different forms, which include but are not limited to...
Written on October 27, 2022
By Ramon Vaughn Dy III on October 27,2022 FOR the longest time, subscriber identity modules cards, commonly known as SIM cards, have been readily available and can be practically purchased at any local shop or sari-sari (variety) store. It can be argued that the regulation of the sale and/or disposition...
Written on October 20, 2022
By Nica Marsha Gasapo on October 20,2022 IN Securities and Exchange Commission (SEC) OGC Opinion 22-12 dated Sept. 27, 2022, the requesting party asked whether a corporation may be allowed to issue shares of stock at a premium and whether a corporation was allowed to have more paid-up capital than...
Written on October 13, 2022
By Gladys Jane Dela Cruz on October 13,2022 IT is the policy of the state to protect the fundamental human right of privacy of communication while ensuring free flow of information to promote innovation and growth (Section 2, Data Privacy Act of 2012). Thus, the processing of sensitive personal information...
Written on September 29, 2022
By Aziza Hannah A. Bacay on September 29,2022. “FREE access to the courts and quasi-judicial bodies and adequate legal assistance shall not be denied to any person by reason of poverty.” – Section 11, Article III (Bill of Rights) of the 1987 Constitution of the Republic of the Philippines. On...
Written on September 8, 2022
By Gladys Jane Dela Cruz September 8, 2022 SECTION 8.1 of Republic Act 8799, or the “Securities and Regulation Code (SRC)” clearly states that securities should not be sold or offered for sale or distribution in the Philippines without a registration statement duly filed with and approved by the Securities and Exchange Commission (SEC). Prior to...
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