Legal Insights
Plain-language guides and case briefs on Philippine law — researched from the firm's law library of 184,000+ statutes, Supreme Court decisions, and agency issuances, and written so non-lawyers can understand and act on them.
Paid-Up Capital Meaning in Philippine Corporations and Wage Order Exemptions
Learn how the Supreme Court defined paid-up capital in MSCI v. NWPC, affecting distressed employer wage order exemptions.
Paid-Up Capital vs Authorized Capital Stock: Wage Order Exemption Rules in the Philippines
Philippine Supreme Court clarifies that wage order exemptions use paid-up capital, not authorized capital stock, in Central Textile Mills v. NWPC.