Philippine rules explain why corporate counsel represents the corporation—not individual directors or shareholders—during boardroom control disputes.
Who Does Corporate Counsel Represent During Boardroom Disputes? Read More »
Managerial employees are completely ineligible to join, assist, or form any labor organization to avoid harmful conflicts of interest.
Are managerial employees allowed to join labor organizations? Read More »
High-ranking officials are prohibited from securing business loans or financial accommodations from government-owned banks during their tenure.
Congress members must notify their respective house of any potential conflict of interest regarding legislation they author or file.
What must a member do if a conflict of interest arises from legislation? Read More »
When must a management contract be approved by a two-thirds (2/3) vote of the managed corporation’s stockholders? A management contract requires approval by the stockholders of the managed corporation owning at least two-thirds (2/3) of the total outstanding capital stock entitled to vote under two specific scenarios (SEC. 43, Revised Corporation Code of the Philippines).
