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Showing 1–24 of 41 articles for “subsidiary”

Entity Governance for Multi-Entity Groups in the Philippines: A Guide

Entity governance for multi-entity groups in the Philippines means running each subsidiary as a separate corporation under the Revised Corporation Code.

Cross-Border Loan from a Foreign Parent to a Philippine Subsidiary: BSP Rules

How a cross-border loan from a foreign parent to a Philippine subsidiary works under BSP foreign exchange rules, including registration and reporting.

Branch Office vs Subsidiary in the Philippines: Which Should You Register?

Compare a branch office vs subsidiary in the Philippines: how each is registered, liability, capital, taxes, and which fits your expansion plan.

Online Marketplace Platform Liability in the Philippines: The Internet Transactions Act

How online marketplace platform liability works in the Philippines under the Internet Transactions Act of 2023 — primary, subsidiary, and solidary liability rules.

Transfer Pricing Rules for a Philippine Subsidiary and Its Foreign Parent

How Philippine transfer pricing rules apply to transactions between a Philippine subsidiary and its foreign parent, including the arm's length principle and BIR reporting.

Closing a Philippine Subsidiary: Legal Steps for a Foreign Parent's Exit

Closing a Philippine subsidiary? Learn the Revised Corporation Code rules on dissolution, from board and stockholder approval to SEC filing and tax clearance.

PCSO Benefits Disallowed: Upholding Fiscal Responsibility in Government-Owned Corporations

The Supreme Court affirms COA's disallowance of unauthorized benefits paid to LBP subsidiary board members, clarifying rules on double compensation and corporate governance.

Corporate Governance and Compensation: Lessons from the LBP Subsidiaries COA Ruling

The Supreme Court affirms COA's disallowance of P5.13M in benefits paid to LBP subsidiary board members, clarifying corporate governance rules.

Corporate Rehabilitation and Conservatorship: Key Insights from the CAP Pension Ruling

The Supreme Court clarifies the boundaries between corporate rehabilitation and conservatorship, and the limits of a rehabilitation court's jurisdiction over subsidiary corporations.

Subsidiary Liability of Employers: Execution Against Employers for Employees' Civil Delicts

Supreme Court clarifies when employers may be held subsidiarily liable for employees' civil liability arising from criminal acts.

Subsidiary Imprisonment: When Can a Fine Turn Into Jail Time

Learn when Philippine courts can impose subsidiary imprisonment for unpaid fines, and why the penalty must be stated in the judgment.

Parent Company Liability for Employee Benefits in Labor Disputes

When can a parent company be held solidarily liable for its subsidiary's unpaid employee benefits? The Supreme Court explains.

Drug Possession, Custody, and the Indeterminate Sentence Law: Key Lessons from a Shabu Conviction

A conviction for possessing shabu is upheld, but the Supreme Court corrects the penalty to an indeterminate sentence without subsidiary imprisonment.

LRTA v. Pili: When a Government Agency Answers for a Subsidiary's Labor Debts

The Supreme Court clarifies when a government-owned corporation can be held liable for the monetary claims of a subsidiary's employees.

When Banks Can't Be Sued for Subsidiary Debts: Piercing the Corporate Veil in Philippine Banking

Philippine Supreme Court clarifies when banks may be held liable for subsidiary obligations and when the corporate veil protects them.

Piercing the Corporate Veil: When Banks Are Not Liable for Subsidiary Debts

The Supreme Court clarifies when courts may—and may not—pierce the corporate veil to hold parent banks liable for subsidiary debts.

Employer’s Subsidiary Liability for Employee Crimes: The Calang Ruling

Employers are only subsidiarily liable for employees’ criminal acts. The Calang ruling explains when and how this liability applies.

Piercing the Corporate Veil: When Courts Hold Subsidiaries Liable

Philippine Supreme Court explains when courts may disregard corporate fiction and hold a subsidiary liable for a parent company's obligations.

Piercing the Corporate Veil: Establishing Alter Ego Liability in Philippine Law

When can a court disregard separate corporate personality and hold a subsidiary liable for its parent's debts? The Supreme Court explains.

Employer Liability in Criminal Negligence Cases: When Subsidiary, Not Solidary, Liability Applies

Philippine Supreme Court clarifies when employers face subsidiary versus solidary liability for employee crimes like reckless imprudence.

Employer Liability in Criminal Cases: When Civil Liability Is Only Subsidiary

Philippine Supreme Court clarifies when employers are subsidiarily liable for employee crimes, distinguishing quasi-delict from criminal civil liability.

Piercing THE Corporate Veil When CAN A Parent Company BE Liable FOR A Subsidiarys Debt

Piercing the Corporate Veil: When Parent Companies Are Not Liable for Subsidiary Debts

Philippine Supreme Court clarifies when courts may pierce the corporate veil to hold parent companies liable for subsidiary obligations.

Piercing the Corporate Veil: When a Parent Company Can Be Liable for Its Subsidiary's Debts

Philippine Supreme Court ruling on when a parent company and its subsidiary can be treated as one employer for labor liability.