News & Updates

News and Updates

SEC Issues Rules on Investment in Financial Derivatives

Financial derivatives, such as stock options, warrants and futures, are commonly used in the Philippine capital market. To improve the regulatory compliance of investment companies and their fund managers and…

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IPOPHL allows conduct of online mediation hearings

The Philippine Intellectual Property Office (“IPO”) issued on 04 May 2020 Memorandum Circular (MC) No. 2020-012 allowing the conduct of mediation through online meetings/conferences. Under MC No. 2020-012, parties to…

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IPOPHL issues Memorandum Circular No. 2020-011 continuing work-from-home arrangement until 15 May 2020, extending deadlines falling within the period 16 March to 15 May 2020

The Philippine Intellectual Property Office (“IPO”) issued on 27 April 2020 Memorandum Circular (MC) No. 2020-011 continuing its work-from-home arrangement until 15 May 2020 and extending deadlines to respond to…

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Cruz Marcelo & Tenefrancia Partners Cited in Benchmark Litigation 2020 Ranking

Benchmark Litigation recognized four Cruz Marcelo & Tenefrancia partners in its 2020 ranking of the Philippines’s leading practitioners in the field of litigation and dispute resolution. Name partner Simeon V.…

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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,…

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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,…

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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…

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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…

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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. …

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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…

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