[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to Insolvency in the Philippines]
Continue readingCategory Archives: Corporate Law
Insolvency of Individual Debtors (Chapter VI): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to Insolvency in the Philippines]
Continue readingProvisions Common to Liquidation in Insolvency of Individual and Juridical Debtors (Chapter VII): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to Insolvency in the Philippines]
Continue readingProceedings Ancillary to Other Insolvency or Rehabilitation Proceedings (Chapter VIII): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to Insolvency in the Philippines]
Continue readingFinancial Rehabilitation and Insolvency Act (FRIA) of 2010 (Republic Act No. 10142): Table of Contents
[On 18 July 2010, the President signed Republic Act No. 10142, otherwise known as the “Financial Rehabilitation and Insolvency Act (FRIA) of 2010”. Here is the complete text, divided into Chapters with summary, of R.A. 10142.]
Continue readingOut-of-Court or Informal Restructuring Agreements or Rehabilitation Plans (Chapter IV): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Full text below. See Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Summary/Discussion on Out-of-Court or Informal Restructuring Agreements or Rehabilitation Plans (OCRA)]
Continue readingPre-Negotiated Rehabilitation (Chapter III): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to FRIA]
Continue readingGeneral Provisions (Chapter I): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
Court-Supervised Rehabilitation (Chapter II): Republic Act No. 10142 (Financial Rehabilitation and Insolvency Act of 2010)
[Republic Act No. 10142; Chapter I; Chapter II; Chapter III; Chapter IV; Chapter V; Chapter VI; Chapter VII; Chapter VIII; Chapter IX; Chapter X; See also Introduction to Insolvency in the Philippines]
Continue readingPrimer on the Rule on Administrative Search and Inspection under the Philippine Competition Act
The Philippine Competition Commission (PCC), created under Republic Act No. 10667 (Philippine Competition Act), has the power undertake inspections to prevent the removal, concealment, tampering with, or destruction of books, records, or other documents. The inspection order, which must be issued by the proper court, is covered by the Rule on Administrative Search and Inspection under the Philippine Competition Act (“Rule”) issued by the Supreme Court (A.M. No. 19-08-06-SC). Here is a summary/primer of the Rule.
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