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,…
Read MoreSEC 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,…
Read MoreCruz 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…
Read MoreNew 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…
Read MoreCruz 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. …
Read MoreIPOPHL 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…
Read MoreSupreme 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…
Read MoreMGB 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…
Read MoreBureau 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…
Read MoreSummary 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…
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