[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 reading[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 readingAn issuer, in relation to crowdfunding, refers to the originator, maker, obligor, or creator of the security which shall be registered with the intermediary. The issuer, while exempt from the general registration procedures for securities, must register with the crowdfunding intermediary.
Non-Filipinos, including foreign corporations are prohibited from doing business in the Philippines. The foreign corporation or partnership must secure the appropriate license from the Securities and Exchange Commission (SEC) and, in certain instances, from other government agencies.
Continue readingThere are two legal actions affecting the marital bond between the husband and wife under Philippine laws. One is annulment of marriage, for marriages considered as valid until nullified based on specific grounds. The other action is declaration of nullity of marriage, for marriages that are void from the very beginning.
Continue readingIf the defending party fails to answer within the time allowed therefor, the court shall, upon motion of the claiming party with notice to the defending party, and proof of such failure, declare the defending party in default. Thereupon, the court shall proceed to render judgment granting the claimant such relief as his or her pleading may warrant, unless the court in its discretion requires the claimant to submit evidence. Such reception of evidence may be delegated to the clerk of court.
Continue readingThe rules on the Determination of Anti-Competitive Agreement or Conduct are provided in Republic Act No. 10667, also known as the “Philippine Competition Act“, and its Implementing Rules and Regulations (IRR). These rules are as follows:
Continue readingThe rules on the Determination of Dominance are provided in Republic Act No. 10667, also known as the “Philippine Competition Act“, and its Implementing Rules and Regulations (IRR). These rules are as follows:
Continue readingThe rules on the determination of control are provided in Republic Act No. 10667, also known as the “Philippine Competition Act“, and its Implementing Rules and Regulations (IRR). These rules are as follows:
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