IPOPHL issues Memorandum Circular No. 2020-008 extending deadlines for 45 days
The Philippine Intellectual Property Office issued on 26 March 2020 Memorandum Circular (MC) No. 2020-008 extending for a period of forty five (45) calendar days the deadline to respond to official actions, declarations, and other documents, including motions for extension of the period to file oppositions to trademark applications, answers, position papers, and appeals, and annuity payments falling from 16 March 2020
Read MoreSEC Provides Guidelines for the Filing of the General Information Sheet in view of the Enhanced Community Quarantine.
The Securities and Exchange Commission (“SEC”) issued on 18 March 2020 Memorandum Circular No. 9, series of 2020 (“MC 9-2020”), providing for guidelines on the filing of the General Information Sheet (“GIS”), considering that the holding of Annual Stockholders’ Meetings of Corporations may be affected by the Enhanced Community Quarantine imposed in Luzon. As a
Read MoreSEC Strongly Encourages Financing Companies and Lending Companies to Adopt Debt Relief Measures
In view of the impact of the Enhanced Community Quarantine (“ECQ”) and Stringent Distancing Measures over Luzon and across provinces in the country, the SEC issued a notice dated 23 March 2020 strongly encouraging all financing companies (“FC”) and lending and lending companies (“LC”) to adopt debt relief measures. Pursuant to said notice, FCs and
Read MoreBIR Extends Deadline for Filing of the 2019 Income Tax Returns and Submission of Required Attachments
The Bureau of Internal Revenue (“BIR”) issued on 18 March 2020 Revenue Memorandum Circular No. 28, series of 2020 (“RMC No. 28-2020”), amending Revenue Memorandum Circular No. 25, series of 2020 (“RMC No. 25-2020”), extending the deadline for filing the Annual Income Tax Return (“AITR”) for Calendar Year 2019 from 15 April 2020 to 15
Read MoreSupreme Court orders physical closure of courts nationwide
Following the Philippines’ being placed under a state of calamity, the Supreme Court, through Administrative Circular No. 32-2020 (hereafter “A.C. 32-2020”), has ordered the physical closure of all courts nationwide starting 23 March 2020, subject to certain exceptions. To further limit the movement of the Judiciary’s personnel and maintain the general public’s safety, A.C. 32-2020
Read MorePrivate Employer Options and Remedies on Personnel Tenure and Movement Amid Quarantine
The ensuing challenges brought about by the quarantine, enhanced quarantine and/or lockdown have also raised fundamental concerns on the options and remedies of employers regarding the tenure and/or movement of their personnel. An employer may consider options and remedies generally classified as ranging from those that do not involve reduction or adjustment of wage and
Read MoreBIR Issues Guidelines on Filing of 2019 Income Tax Returns and Submission of Required Attachments
The Bureau of Internal Revenue (“BIR”) issued on 17 March 2020 Revenue Memorandum Circular No. 25, series of 2020 (“RMC No. 25-2020”), announcing that it will not extend the deadline for filing the Annual Income Tax Return (“AITR”) for Calendar Year 2019 despite the one-month Enhanced Community Quarantine of the National Capital Region to prevent
Read MoreSupreme Court constitutes Task Force to manage Covid-19
So that the Judiciary may manage the rising cases of Covid-19 infection, the Supreme Court, on 13 March 2020, constituted a Task Force, through Memorandum Order 26-2020, “Creating a Task Force to Address the Rising Cases of Covid-19 Infection” (hereafter “M.O. 26-2020”). The Task Force is composed of Court Administrator Jose Midas P. Marquez as
Read MoreSEC Issues Guidelines on Preventive Measures Against COVID-19 in the Handling of Records
The Securities and Exchange Commission (“SEC”) issued Memorandum Circular No. 7, Series of 2020, which took effect on 16 March 2020, advising the public of the adoption of the following procedures at the Electronic Records Management Division, ICTD (“ERMD-ICTD”): Request for Plain/Authenticated Copy of SEC Documents Clients may either request for SEC documents online at
Read MoreSEC Issues Guidelines on Attendance and Participation in Meetings through Teleconferencing, Video Conferencing and Other Remote or Electronic Means of Communication
The Securities and Exchange Commission issued Memorandum Circular No. 6, Series of 2020, otherwise known as the “Guidelines on the Attendance and Participation of Directors, Trustees, Stockholders, Members, and Other Persons of Corporations in Regular and Special Meetings through Teleconferencing, Video Conferencing and Other Remote or Electronic Means of Communication”, which took effect on 12
Read MoreSupreme Court constitutes Task Force to manage Covid-19
So that the Judiciary may manage the rising cases of Covid-19 infection, the Supreme Court, on 13 March 2020, constituted a Task Force, through Memorandum Order 26-2020, “Creating a Task Force to Address the Rising Cases of Covid-19 Infection” (hereafter “M.O. 26-2020”). The Task Force is composed of Court Administrator Jose Midas P. Marquez as
Read MoreSupreme Court issues guidelines on reduced court operations
In order to abate the spread of Covid-19 cases across the country, the Supreme Court, on 16 March 2020, issued Administrative Circular No. 31-2020 (hereafter “A.C. 31-2020”), ordering the drastic reduction of court operations from 16 March 2020 to 15 April 2020. Addressed to all litigants, justices, judges and personnel of the judiciary, and
Read MoreDepartment of Labor and Employment Issues Advisories on the Implementation of Flexible Work Arrangement as a Remedial Measure Due to the Ongoing Outbreak of the Coronavirus Disease 2019 (COVID-19)
In view of the ongoing outbreak of COVID-19 worldwide and its impact on the business and economy of the Philippines, the Department of Labor and Employment (“DOLE”) issued on 04 March 2020 Labor Advisory No. 09, Series of 2020 (“Labor Advisory No. 09-2020”) to assist and guide the employers and employees in the implementation of
Read MoreIPOPHL issues Memorandum Circular No. 2020-006 suspending work and deadlines to mitigate COVID-19 virus spread
The Philippine Intellectual Property Office issued on 16 March 2020 Memorandum Circular No. 2020-006: (1) suspending work (adopting a work from home arrangement) from 16 March 2020 until 14 April 2020; (2) cancelling all scheduled hearings and seminars; and (3) extending for a period of thirty (30) calendar days the deadline to respond to official
Read MoreDTI Issues Revised Rules of Mediation and Adjudication
The Department of Trade and Industry (“DTI”) issued on 7 February 2020 Department Administrative Order (“DAO”) No 02, Series of 2020, otherwise known as the “Revised Rules of Mediation and Adjudication of Consumer Complaints” (hereafter referred to as the “Revised Rules”),. With the issuance of the Revised Rules, the DTI expects a more efficient, expedient
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