Author Archives: jlp

No Registration, No Travel Policy (LTO Memorandum Circular AVT-2015-1927; full text)

[Reproduced below is the full text of LTO Memorandum Circular AVT-2015-1927 (No Registration, No Travel Policy). Incidentally, in an Advisory published in newspapers, the LTO announced that: “In line with the implementation of NO REGISTRATION-NO TRAVEL policy, starting April 1, 2015, please be advised that only LTO Law Enforcers and LTO Deputized Agents in complete uniform with valid ID and carrying LTO issued Temporary Operators Permit (TOP) are authorized to stop vehicles and apprehend those in violation of the same.”] Continue reading

Premature Marriage No Longer a Crime

The death of either spouse dissolves the marital bond (same effect with annulment or declaration of nullity). This simply means that, subject to compliance with certain requirements, the husband or the wife is free to marry again. There is no legal obstacle for remarriage (and we’ve heard of a plot or two involving a spouse who wants to kill the other spouse so he/she can marry another person). Men may remarry right away. Women, on the other hand, must wait for 301 days or, if pregnant at the time of the husband’s death, must wait until childbirth, before they can remarry. Continue reading

2014 Bar Exam Results: Top 10 and Full List

Congratulations! The Supreme Court released the results of the 2014 bar examaminations on Thursday, 26 March 2015. Out of the 5,984 law school graduates that took the 2014 bar exam, only 1,126 passed (18.82% passing rate). The Top 10 bar passers and the full list of successful bar examinees are reproduced below: Continue reading

P15 Minimum Wage Hike for NCR

A 15-peso increase minimum wage was approved by the Regional Tripartite Wages and Productivity Board-National Capital Region (RTWPB-NCR) and announced by Department of Labor and Employment (DOLE) Secretary Rosalinda Dimapilis-Baldoz. “The new minimum wage in the National Capital Region has been raised to P481 for workers in the non-agriculture sector and P444 for workers in the agricultural sector. The minimum wage hike is expected to be affirmed by the NWPC this week, and the RTWPB will publish it, after which it will take effect 15 days after its publication,” DOLE-NCR Regional Director Alex Avila said in a report. Continue reading

Increase of Tax Exclusion to P82,000 for 13th Month Pay and Other Benefits (BIR Revenue Regulations No. 3-2015; Full Text)

REPUBLIC OF THE PHILIPPINES
DEPARTMENT OF FINANCE
BUREAU OF INTERNAL REVUENUE
Quezon City

March 9, 2015

REVENUE REGULATIONS NO. 3-2015

SUBJECT: Implementing the Provisions of Republic Act No. 10653, More Particularly on the Increase of the Total Amount of Exclusion to P82,000.oo for 13th Month Pay and Other Benefits from Gross Income Effectively Further Amending the Pertinent Provisions of Revenue Regulations No. 2-98 Continue reading

Valerio E. Kalaw vs. Ma. Elena Fernandez (G.R. No. 166357, 14 January 2015)

[This is the full text of the Supreme Court’s Resolution in the case of Valerio E. Kalaw vs. Ma. Elena Fernandez, G.R. No. 166357, 14 January 2015, with Justice Bersamin as ponente. This is reproduced for academic reasons, for those who seek a more thorough understanding of the case. See also: The “Relaxation” of Rules in Declaration of Nullity of Marriage Based on Psychological Incapacity.] Continue reading

Mining in the Philippines, Foreign Investments and the Grandfather Rule

How much foreign ownership is allowed for mining companies in the Philippines? The Supreme Court again discussed this issue in a recent ruling denying a motion for reconsideration filed by certain mining companies in the Philippines. The controversy is anchored on the requirement that mining, among other activities, is reserved by the Constitution — the highest law of the land — for Filipinos. Sec. 2, Art. XII of the Constitution, which provides that the exploration, development, and utilization of of natural resources is reserved to Filipinos, whether natural persons or juridical persons. Filipino juridical persons refer to “corporations or associations at least sixty per centrum of whose capital is owned by such citizens.” Continue reading

Rules on Principal Office Address of Corporations and Partnerships

The Securities and Exchange Commission (SEC) has extended the compliance period — until 30 June 2015 (per Memorandum Circular No. 1, series of 2015) — for companies and partnerships to comply with the required designation of the principal office address. We believe that it’s helpful to disseminate the information to non-clients as well, so we are summarizing the requirements below, culled from SEC Memorandum Circular No. 6 (series of 2014; full text) and SEC Memorandum Circular No. 16 (series of 2014; full text). Continue reading