Can interlocking directors annul unfair contracts? This explainer covers Sections 30–32 and 43 of the Revised Corporation Code, corporate remedies, and veil piercing.
Can Interlocking Directors Annul Unfair Corporate Contracts? Read More »
Learn how Philippine corporations must disclose, approve, and ratify supplier contracts involving a director’s external company.
How Are Self-Dealing Corporate Contracts Ratified? Read More »
Learn how Philippine directors can use the business judgment rule and avoid liability for bad faith, conflicts, gross negligence, and unlawful corporate acts.
Can Philippine Directors Rely on the Business Judgment Rule? Read More »
Philippine law on director liability: when bad faith, gross negligence, unlawful acts, or conflicts of interest justify piercing the corporate veil.
When Are Directors Personally Liable for Bad Faith Decisions? Read More »
Learn how to convert an informal joint venture into a Philippine corporation, including SEC registration, asset transfers, liabilities, taxes, and accounting.
How Is an Informal Joint Venture Converted Into a Corporation? Read More »
Learn how Philippine law allows corporations to sue directors who divert business opportunities and recover profits under the Revised Corporation Code.
How Can a Corporation Sue a Director for Usurping Business Opportunities? Read More »
Learn how a Philippine corporation’s board may remove its president, including voting thresholds, notice, quorum, due process, and director-removal limits.
How Can a Board Remove a Rogue Corporate President? Read More »
Philippine corporations may recognize electronic votes when remote participation or voting in absentia is properly authorized, disclosed, authenticated, recorded, and counted under the Revised Corporation Code and SEC rules.
Are Electronic Votes Valid in Stockholder Meetings? Read More »
Learn when a Philippine voting trust agreement may be invalidated for violating corporate bylaws, election rules, or statutory limits.
Can a Voting Trust Agreement Manipulate Board Elections? Read More »
Learn how Philippine law protects founders enforcing a right of first refusal against a co-founder’s proposed sale to a direct competitor.
How Can Founders Enforce First Refusal Rights? Read More »
