Blog

SUBJECT: The Concept of Piercing the Corporate Veil I. Introduction and Purpose of the Corporate Veil A corporation, upon valid incorporation under the Philippine Corporation Code […]

SUBJECT: Dissolution and Liquidation of Corporations I. Introduction and Scope This memorandum addresses the legal framework governing the dissolution and liquidation of corporations under Philippine law, […]

SUBJECT: The Concept of Close Corporations I. Introduction and Legal Basis The close corporation is a unique corporate vehicle under Philippine law, primarily governed by Title […]

SUBJECT: The Grandfather Rule in Foreign Equity I. This memorandum addresses the application of the “Grandfather Rule” as a method for determining the actual percentage of […]

SUBJECT: De Facto Corporations vs Corporations by Estoppel I. This memorandum addresses the distinction between de facto corporations and corporations by estoppel under Philippine law, a […]

SUBJECT: The Concept of Watered Stocks I. Introduction and Definition The concept of “watered stocks” refers to shares of corporate stock issued by a corporation as […]

SUBJECT: Derivative Suits vs Individual Suits I. This memorandum addresses the distinction between derivative suits and individual suits within the framework of Philippine corporation law, primarily […]

SUBJECT: The Appraisal Right of Stockholders I. Introduction and Legal Basis The appraisal right, also known as the right of dissent and appraisal, is a statutory […]

SUBJECT: Ultra Vires Acts of Corporations I. Introduction and Definition of Ultra Vires Acts An ultra vires act, derived from Latin meaning “beyond the powers,” refers […]