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By: Richelle Dianne R. Patawaran on April 4, 2019 The Revised Corporation Code (RCC), which took effect on Feb. 23, 2019, recently introduced significant changes to the conduct of corporate meetings and in effect imposed additional obligations on the corporate secretary in the conduct of such meetings. One such change...

By: Euney Marie J. Mata-Perez on March 28, 2019 Republic Act No. 11232 or the Revised Corporation Code (RCC) has expanded the role and increased the powers of the Securities and Exchange Commission (SEC). Senator Franklin Drilon, the main author of the law, said during the very well-attended joint forum...

By: Richelle Dianne R. Patawaran on March 21, 2019 With the 2019 Philippine general election less than two months away, and with the recent passage of the Revised Corporation Code (RCC), we take this opportunity to revisit the issue of whether political contributions by corporations are allowed under the law.

By: Euney Marie J. Mata-Perez on March 14, 2019 In ranking the ease of doing business (EODB) of economies, the World Bank (WB) also evaluates a country’s protection of the interests of minority investors. In this regard, it considers two indices, namely, 1) conflicts of interest regulation, and 2) shareholders’...

By: Samantha Poblacion on March 7, 2019 The past month rendered an important and interesting decision from the Philippine Competition Commission (PCC). On Feb. 12, 2019, the PCC denied the prospective acquisition by Universal Robina Corp.-Balayan (URC) of the sugarcane milling and refinery assets of Central Azucarera Don Pedro Inc....

By: Euney Marie J. Mata-Perez on February 28, 2019 Finally, the Revised Corporation Code or Republic Act No. 112321 (RCC) was signed into law by the President on February 20, 2019 and published in the Official Gazette on Feb. 21, 2019. It will thus become effective on March 8, 2019....

By: Euney Marie J. Mata-Perez on February 21, 2019 A year ago today, we published our first article in this column, entitled “A Good Beginning” (https://staging2.mtfcounsel.com/2018/02/22/a-good-beginning). It was the beginning of a journey and, after publishing a total of 52 articles, we continue to write. We are grateful to, and...

MTF Managing Partner, Atty. Euney Marie J. Mata-Perez, was one of the panelists during the Ease of Doing Business (EODB) Forum held on January 30, 2019 at the Ateneo Professional Schools Auditorium, Rockwell, Makati, Philippines. Atty. Mata-Perez, along with other local experts, were invited to discuss the implications of Republic...

By: Atty. Euney Marie J. Mata-Perez In response to the thrust of the Asia-Oceana Tax Consultants’ Association to have more exchange of information among its members in the Asia-Pacific region, the Tax-Accountancy Association Union of Republic of Chinese Taipei (TAAUT) held a regional tax conference last January 21, 2019 in...