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Showing 1–6 of 6 articles for “asset sale”

Right to Top in Government Asset Sales: The Osmeña v. PSALM Ruling

Supreme Court clarifies when "right to top" provisions in government lease contracts violate public policy on competitive bidding.

Supreme Court Voids 'Right to Top' Clause in Government Asset Sale: Osmeña v. PSALM

The Supreme Court invalidated a 'right to top' provision in a government land lease, reaffirming that competitive public bidding protects public interest.

Piercing the Corporate Veil: Asset Sales vs Mergers in Tax Liability

When is a buyer liable for a seller's tax debts? The Supreme Court clarifies asset sales vs mergers.

Navigating Anti-Graft Laws in Philippine Government Transactions: Good Faith and Due Diligence

Learn how Philippine courts apply good faith and due diligence standards in government asset sales under the Anti-Graft Law.

Government Accountability Unauthorized Asset Sales and Recovery of Funds

The Supreme Court rules on the validity of unauthorized sales of sequestered assets and the government's obligation to return proceeds.

Public Bidding vs. Right of First Refusal: Fair Competition in Government Asset Sales

Supreme Court ruling on how the right to top a bid undermines competitive public bidding in government asset sales.