Legal Framework
From The Report: Philippines 2014
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In partnership with SyCip Salazar Hernandez & Gatmaitan, OBG explores the legal framework of the Philippines, with a focus on procedures for mergers and consolidations, stockholder appraisal rights, “bulk sale” rules and other subject areas relevant to business and foreign investment.
This section includes an interview with Rafael A Morales, Managing Partner, SyCIP Salazar Hernandez & Gatmaitan.

Articles from this Chapter

Overview

Corporate combinations: A closer look at the rules governing mergers and acquisitions
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Prior to the enactment of the Corporation Code in 1980, corporations did not have the express power to merge or consolidate. Nevertheless, this lack of express statutory authority did not deter corporations from concluding de facto mergers or consolidations that enjoyed not only considerable popular support but also explicit judicial recognition. Indeed, the Supreme Court acknowledged that a virtual corporate combination may be achieved by employing the existing provisions of the general corporation…

Interview

OBG talks to Rafael Morales, Managing Partner, SyCip Salazar Hernandez & Gatmaitan
OBG
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Interview:Rafael Morales What immediate reforms in the judicial system would address congestion in the courts and accessibility to litigants? RAFAEL MORALES: Congestion in the judiciary system would be solved by filling up vacancies in the lower courts, upgrading court facilities, and enforcing the deadlines for the disposition of pending cases. Filing fees should be reduced to make the courts more accessible and affordable to litigants. How can the region approach the harmonisation of legal…

Interview

OBG talks to Rafael Morales, Managing Partner, SyCip Salazar Hernandez & Gatmaitan
OBG
plus

Interview:Rafael Morales What immediate reforms in the judicial system would address congestion in the courts and accessibility to litigants? RAFAEL MORALES: Congestion in the judiciary system would be solved by filling up vacancies in the lower courts, upgrading court facilities, and enforcing the deadlines for the disposition of pending cases. Filing fees should be reduced to make the courts more accessible and affordable to litigants. How can the region approach the harmonisation of legal…