April 2020 - Cruz Marcelo

DOE and DOF issue joint rules implementing R.A. No. 11371 or the “Murang Kuryente Act” effectively lowering electricity rates

The Department of Energy (“DOE”) and the Department of Finance (“DOF”) have issued Joint Circular No. 1, s. 2020, or the “Implementing Rules And Regulations Of Republic Act No. 11371, ‘An Act Reducing Electricity Rates By Allocating A Portion Of The Net National Government Share From The Malampaya Natural Gas Project For The Payment Of

SEC Allows Alternative Mode for Distribution of Documents for Annual Stockholders’ Meetings for 2020 for Publicly-listed Companies and Other Companies with Registered Securities

The Securities and Exchange Commission (“SEC”) has issued a Notice dated 20 April 2020 (“Notice”) on the alternative mode for distributing and providing copies of the notice of the meeting, information statement, and other documents in connection with the holding of an Annual Stockholders’ Meeting (“ASM”) for 2020. The Notice provides that publicly-listed companies and

Cruz Marcelo & Tenefrancia Partners Contribute to the GLI International Arbitration 2020 Chapter on the Philippines

Simeon V. Marcelo, Elmar B. Galacio, and Jacques S. Lynn contributed the Philippine Chapter “International Arbitration 2020” (6th Edition) published by Global Legal Insights (“GLI”), a series providing readers with expert analysis of legal, economic and policy developments through the eyes of the world’s leading lawyers. The Philippine Chapter covers key topics in relation to

New Rules of Civil Procedure and Evidence Effective 01 May 2020

The Supreme Court, pursuant to A.M. No. 19-10-20-SC, or the 2019 Proposed Amendments to the 1997 Rules of Civil Procedure (“Civil Procedure Amendments”), and A.M. No. 19-08-15-SC, or the 2019 Proposed Amendments to the Revised Rules on Evidence (“Evidence Amendments”), has promulgated certain modifications to pleadings, practice, and procedure. The Evidence Amendments will take effect

Cruz Marcelo & Tenefrancia is Asian Legal Business (ALB) Employer of Choice for the Philippines

Cruz Marcelo & Tenefrancia was named an Employer of Choice for the Philippines by Asian Legal Business (ALB) in its April 2020 Edition listing notable employers in the Asia-Pacific Region. CMT was listed with other notable law firms from Hong Kong, India, Indonesia, Korea, Malaysia, Singapore, Thailand and Vietnam. The Asian Legal Business April 2020

IPOPHL issues Memorandum Circular No. 2020-009 extending deadlines for 60 days

The Philippine Intellectual Property Office (“IPO”) issued on 07 April 2020 Memorandum Circular (MC) No. 2020-009 extending for a period of sixty (60) calendar days from the due date 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

Supreme Court extends physical closure of courts nationwide to court users

Following the extension of the Enhanced Community Quarantine, the Supreme Court, through Administrative Circular No. 34-2020 (hereafter “A.C. 34-2020”), has physically closed the courts nationwide to all court users until 30 April 2020, subject to certain exceptions. While closed to court users, i.e. the general public, the courts shall continue to operate Mondays to Fridays

MGB Provides Guidelines on the Realignment of Social Development and Management Program Unutilized Funds in view of COVID-19

The Mines and Geosciences Bureau (“MGB”) issued on 1 April 2020 a Memorandum providing for the guidelines on the realignment of unutilized Social Development and Management Program (“SDMP”) funds to support affected impact and non-impact communities due to COVID-19. The SDMP includes programs for: 1) Development of Host and Neighboring Communities; 2) Information, Education and

Bureau of Immigration COVID-19-Related Issuances

With the issuance by President Rodrigo Duterte of Proclamation No. 929 series of 2020 on 16 March 2020 [which declared: (i) a State of Calamity throughout the Philippines due to Coronavirus Disease 2019 for a period of six (6) months, and (ii) the imposition of an Enhanced Community Quarantine (“ECQ”) throughout Luzon until 12 April

Summary of COVID-19-Related SEC Issuances

On 16 March 2020, President Duterte issued Proclamation Nos. 929 series of 2020 (“Proclamation 929”), declaring a State of Calamity throughout the Philippines due to Coronavirus Disease 2019 for a period of six (6) months. Proclamation 929 further imposed an Enhanced Community Quarantine (“ECQ”) throughout Luzon until 12 April 2020. Government offices under the Executive

A client is "impressed with the team's ability to meet deadlines" and appreciates that it is "very responsive in communication."
The team provides excellent service, especially in that the lawyers have been offering workable solutions rather than just plain legal advice."

Chambers Asia Pacific

Cruz Marcelo

2020-04-20T07:09:09+00:00

Chambers Asia Pacific

A client is "impressed with the team's ability to meet deadlines" and appreciates that it is "very responsive in communication." The team provides excellent service, especially in that the lawyers have been offering workable solutions rather than just plain legal advice."

https://cruzmarcelo.com/testimonials/corporate-ma-department/

Versatile practice with core expertise in merger transactions and share-based acquisitions and dispositions. Areas of strength include public bidding and project structuring. Notable expertise in the formation of joint ventures. Regularly advises on ventures relating to infrastructure and property. Caters to an impressive roster of clients in the energy, natural resources and media industries, with experience representing clients in both the private and public sectors.

Chambers Global

Cruz Marcelo

2020-04-20T07:09:39+00:00

Chambers Global

https://cruzmarcelo.com/testimonials/corporate-ma-department-2/

Cruz Marcelo & Tenefrancia 'delivers in a timely manner and with reasonable rates'. The corporate team handles a varied mix of corporate, energy and infrastructure projects for its foreign and local clients, which include transport, agriculture, real estate, construction and energy companies. Among its recent highlights was the team's advice to Asian Terminals on the establishment of a PEZA Integrated Port Facility backed with service level agreements for provision of port terminal services; the firm assisted with the drafting of transaction documents and establishing the project company and its post-registration requirements. Aida Roxas-Rivera heads the corporate practice; Rosa Michelle Bagtas and associate Fernand Joseph Miranda are recommended.

DOE and DOF issue joint rules implementing R.A. No. 11371 or the “Murang Kuryente Act” effectively lowering electricity rates

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