Commercial and Business Law

How Can a Partner Recover Capital After Withdrawal?

How Can a Partner Recover Capital After Withdrawal? Introduction Leaving a Philippine partnership does not ordinarily entitle a partner to an immediate refund of the amount originally contributed. The partner’s investment becomes part of the partnership’s property, and the amount ultimately recoverable depends on the partnership’s assets, liabilities, profits, losses, and governing agreement. A withdrawing

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Can Creditors Reach General Partners’ Personal Assets?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Learn when Philippine creditors may reach general partners’ personal bank accounts and when partnership veil piercing or charging orders may apply.

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Can a Partner Assign Profits Without Granting Management Rights?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Philippine law permits assignment of a partner’s profits, but the third-party assignee does not gain management or partner rights automatically.

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How Can Two Managing Partners Resolve Operational Deadlocks?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Learn how Article 1801 of the Civil Code resolves disputes between managing partners, including majority voting, ties, authority, and court remedies.

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Can an Industrial Partner Operate an Outside Business?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Philippine law restricts industrial partners from operating outside businesses without express consent and allows exclusion, profit recovery, and damages.

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How Are Assets Distributed After Partnership Dissolution?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Philippine rules on partnership dissolution: pay external creditors first, settle partner claims, return capital if available, and divide remaining profits.

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How Do General and Limited Partners Handle Debt?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

General partners may be personally liable for partnership debts, while limited partners are generally protected up to their contributions unless they control the business or violate statutory rules.

How Do General and Limited Partners Handle Debt? Read More »

Can a Partner Unilaterally Admit a New Partner?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Philippine partnership law generally requires unanimous consent before a new partner may be admitted, under delectus personae and Article 1804.

Can a Partner Unilaterally Admit a New Partner? Read More »

What Happens When a Partner Dies in the Philippines?

Civil Law, Property Law, Obligations and Contracts, Commercial and Business Law, Family Law, Estate Planning, Wills and Succession, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Learn how a partner’s death affects Philippine partnerships, winding up, heirs’ rights, business continuation, taxes, and licensing requirements.

What Happens When a Partner Dies in the Philippines? Read More »

When Must Corporations Pay Directors’ Legal Fees?

Administrative, Criminal and Civil Procedure and Litigation, Commercial and Business Law, Corporate Law, Corporate Law Services, Incorporation and Business Registration, Mergers and Acquisitions, Legal Advice on Philippine Law and Jurisprudence / Nicolas and De Vega Law Offices

Philippine rules on corporate indemnification, director legal fees, and advancement of expenses in intra-corporate suits by activist stockholders.

When Must Corporations Pay Directors’ Legal Fees? Read More »

How Can a Partner Recover Capital After Withdrawal?

Can Creditors Reach General Partners’ Personal Assets?

Can a Partner Assign Profits Without Granting Management Rights?

How Can Two Managing Partners Resolve Operational Deadlocks?

Can an Industrial Partner Operate an Outside Business?

How Are Assets Distributed After Partnership Dissolution?

How Do General and Limited Partners Handle Debt?

Can a Partner Unilaterally Admit a New Partner?

What Happens When a Partner Dies in the Philippines?

When Must Corporations Pay Directors’ Legal Fees?

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