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.

Showing 124 of 148 articles for stockholders

How to Register a Corporation in the Philippines: A Step-by-Step Guide

Learn how to register a corporation in the Philippines under the Revised Corporation Code, from name reservation to SEC issuance of the certificate of incorporation.

Corporation vs Partnership in the Philippines: Which Business Structure Is Right for You?

Compare corporation vs partnership in the Philippines: liability, taxes, management, and formation under the Revised Corporation Code and Civil Code.

Corporate Bylaws in the Philippines: What They Are and When You Must Adopt Them

Learn what corporate bylaws are in the Philippines, when they must be adopted, and the rules under the Revised Corporation Code.

Board Meeting Requirements in the Philippines: Quorum, Notice, and Minutes

Learn the legal requirements for board of directors meetings in the Philippines, including quorum, notice, and minutes under the Revised Corporation Code.

Corporate Housekeeping in the Philippines: A Compliance Checklist

A practical guide to corporate housekeeping in the Philippines under the Revised Corporation Code, covering filings, meetings, and records.

How to Amend the Articles of Incorporation in the Philippines

Learn how to amend articles of incorporation in the Philippines under the Revised Corporation Code, including voting requirements and SEC filing steps.

How to Dissolve a Corporation in the Philippines: Voluntary and Involuntary Paths

Learn how to dissolve a corporation in the Philippines under the Revised Corporation Code, including voluntary dissolution and involuntary revocation.

Stock vs. Non-Stock Corporations in the Philippines: Key Differences

Understand the key differences between stock and non-stock corporations in the Philippines under the Revised Corporation Code, including ownership, governance, and profit distribution.

SEC GIS and AFS Filing in the Philippines: A Complete Guide

Learn the SEC GIS and AFS filing requirements in the Philippines, deadlines, and penalties. A plain-language guide for corporations.

How to Transfer Shares of a Philippine Corporation

Learn the steps to transfer shares of a Philippine corporation, including the required documents, corporate approval, and SEC filing rules.

Removal of Corporate Officers and Directors in the Philippines: Legal Grounds and Process

Learn the legal process for removing corporate officers and directors in the Philippines under the Revised Corporation Code, including grounds and voting requirements.

BSP Bank Closure Powers: What the Supreme Court Ruling Means for Depositors

The Supreme Court upheld the BSP's power to close banks without prior hearing, protecting depositors while limiting legal challenges.

Acquitted Corporate Officer Not Civilly Liable for Bouncing Check: Supreme Court Ruling

Supreme Court clarifies that a corporate officer acquitted of BP 22 violations cannot be held civilly liable for the dishonored check's value.

When a Corporate Officer Escapes Civil Liability for a Bounced Check Under BP 22

The Supreme Court clarifies that an acquitted corporate officer cannot be held personally liable for a dishonored corporate check under BP 22.

When Banks Can't Apply Loan Payments Across Different Debtors: Corporate Veil Rules

Supreme Court clarifies when a bank may apply a borrower's payment to another's debt, and why corporate separateness limits payment application.

When Can a Bank Apply Your Payment to Another Debt? Supreme Court Rules

Philippine Supreme Court clarifies when banks may apply loan payments to other debts, protecting borrowers from unfair payment application.

SEC Quasi-Legislative Power: When Courts Can Review Agency Regulations

The Supreme Court clarifies when courts may review SEC regulations and why injunctions against the agency were improper in the PSE voting rights case.

Behest Loans in the Philippines: Understanding Anti-Graft Law and Due Diligence

Learn how Philippine courts define behest loans, the role of RA 3019, and why loan repayment does not erase potential graft liability.

Corporate Dissolution and Property Rights: Real Party in Interest in Unlawful Detainer Cases

When a corporation's registration is revoked, its assets don't automatically pass to a new entity. Learn the real party in interest rule.

Illegal Dismissal of Cooperative Officers: CDA, Not Labor Tribunals, Has Jurisdiction

The Supreme Court clarifies that illegal dismissal complaints by cooperative officers fall under CDA jurisdiction, not labor tribunals.

Piercing the Corporate Veil: Jurisdiction First, Liability Later

Supreme Court clarifies that courts must first acquire jurisdiction over a corporation before applying the piercing the corporate veil doctrine to hold owners liable.

Corporate Officers Held Liable for Customs Fraud Piercing the Corporate Veil

Learn how Philippine courts pierce the corporate veil to hold officers liable for customs fraud, and what this means for corporate governance.

Corporate Opportunity Doctrine: Directors Cannot Take Business Deals for Themselves

Supreme Court clarifies when corporate directors breach their duty of loyalty by taking business opportunities meant for the corporation.

Equitable Interest: How Liquidating Dividends Impact Foreign Land Ownership in the Philippines

SC ruling on whether a foreign stockholder's liquidating dividends in Philippine land may be levied to satisfy judgment debts.