News & Updates

News and Updates

SEC Requires Submission of Official E-mail Address and Cellphone Number

Pursuant to its mandate under Section 180 of the Revised Corporation Code to develop and implement an electronic filing and monitoring system, the Securities and Exchange Commission (“SEC”) has issued…

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Supreme Court rules that Section 9-B of Republic Act No. 11199 (Social Security System Act of 2018) on the solidary liability of manning agencies for SSS contributions is constitutional [Joint Ship Manning Group, Inc. v. Social Security System, G.R. No. 247471 (07 July 2020)]

The Supreme Court recently held that Section 9-B of Republic Act No. 11199 or the Social Security System Act of 2018 (“R.A. No. 11199”) on the treatment of manning agencies…

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Supreme Court dismisses ABS-CBN’s petition to annul the Cease and Desist Order issued by the NTC for being moot [ABS-CBN Corporation v. National Telecommunications Corporation (sic), G.R. No. 252119 (25 August 2020)]

In ABS-CBN Corporation v. National Telecommunications Corporation [sic], G.R. No. 252119 (25 August 2020), the Supreme Court dismissed the petition filed by ABS-CBN Corporation (“ABS-CBN”) seeking to annul the Cease…

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American Intellectual Property Law Association (AIPLA) and Cruz Marcelo & Tenefrancia (CMT) Host Global Networking Event

The American Intellectual Property Law Association (AIPLA) and Cruz Marcelo & Tenefrancia (CMT) hosted a global networking event on 30 September 2020 attended by in-house counsels, intellectual property practitioners, members…

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Cruz Marcelo & Tenefrancia’s Managing Partner Joe Nathan P. Tenefrancia discusses the firm’s direction and practice area growth in an interview with The Legal 500

In an interview with The Legal 500, Cruz Marcelo & Tenefrancia’s Managing Partner Joe Nathan P. Tenefrancia, talks about the firm’s strengths and strategies, as well the growth of its…

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Supreme Court rules that a mayor is not authorized to conduct a warrantless inspection of mining sites [Pilapil v. Cu, G.R. No. 228608 (27 August 2020)]

In the recent case of Pilapil v. Cu, G.R. No. 228608 (27 August 2020) (“Pilapil”), the Supreme Court ruled that a mayor did not have the statutory authority to conduct…

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Supreme Court affirms non-self-executing nature of the constitutional policy of economic independence [National Federation of Hog Farmers, Inc., v. Board of Investments, G.R. No. 205835 (23 June 2020)]

In its recent decision in National Federation of Hog Farmers, Inc., v. Board of Investments, et al., G.R. No. 205835 (23 June 2020) (“National Federation of Hog Farmers, Inc.”), the…

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Supreme Court releases rules on the refund of amounts disallowed by the Commission on Audit [Madera v. Commission on Audit, G.R. No. 244128 (08 September 2020)]

In the recent landmark ruling in Mario M. Madera v. Commission on Audit, G.R. No. 244128 (08 September 2020) (“Madera”), the Supreme Court laid down a new set of rules…

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SEC Issues Guidelines for the Conversion of Corporations Either to a One Person Corporation or to an Ordinary Stock Corporation

The Securities and Exchange Commission (“SEC”) issued on 25 August 2020 SEC Memorandum Circular No. 27, Series of 2020 (“SEC MC 27”), which provides for the guidelines on the conversion…

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Bureau of Internal Revenue Releases Guidelines for the Voluntary Assessment and Payment Program (VAPP) for Taxable Year 2018

The Bureau of Internal Revenue (“BIR”) recently issued Revenue Regulation No. (“RR”) 21-2020 prescribing the guidelines for availing of the Voluntary Assessment and Payment Program (“VAPP”) established by the BIR…

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