Balikbayan Boxes: What OFWs Must Know About Random or Arbitrary Physical Inspection

The sending of balikbayan boxes, especially during the Christmas season, by Overseas Filipino Workers (OFW) is a normal phenomenon. Balikbayan Boxes, according to the Bureau of Customs, “are packages of personal effects and/or pasalubongs sent by Filipinos residing or working abroad to their families or relatives in the Philippines to enhance Philippine tradition and culture for the promotion and preservation of strong family ties through love and caring expressed in gift-giving.” Continue reading

Leakage in Commercial Law and Criminal Law, 2016 Bar Exams: No Truth per Bar Exam Chairperson

There are rumors of leakage in Commercial Law and Criminal Law exams last 20 November 2016. On 24 November 2016, the Supreme Court PIO released the undated statement of the 2016 Bar Examinations Chairperson, Justice Presbiterio J. Velasco, Jr., that there’s no truth to these rumors. Here’s the full text of the statement: Continue reading

Cram-Down Clause under the Financial Rehabilitation and Insolvency Act (FRIA) of 2010

Cram-down is the power of the rehabilitation court to approve and implement a rehabilitation plan notwithstanding the objection of the majority of creditors. As noted in the case of Bank of the Philippine Islands vs. Sarabia Manor Hotel Corporation (G.R. No. 175844, 29 July 2013), the “cram-down” clause, which is currently incorporated in Section 64 of Republic Act No. 10142, also known as the Financial Rehabilitation and Insolvency Act (FRIA) of 2010, “is necessary to curb the majority creditors’ natural tendency to dictate their own terms and conditions to the rehabilitation, absent due regard to the greater long-term benefit of all stakeholders. Otherwise stated, it forces the creditors to accept the terms and conditions of the rehabilitation plan, preferring long-term viability over immediate but incomplete recovery.” Section 64 reads: Continue reading

Identify Theft: Notices or Demands from a Certain Atty. Frederick Pamaos or Atty. Federico Pamaos

I received reports that my name is being used in collection/harassment acts, as well as text/online scams. Allow me clarify that there’s only ONE person with the surname Pamaos listed in the Philippine Supreme Court’s Roll of Attorneys: FRED B. PAMAOS. In other words, there’s only one lawyer, practicing in the Philippines, with the surname Pamaos. There’s NO lawyer named Frederick Pamaos, Federico Pamaos or Frederico Pamaos. If someone claims to be Atty. Pamaos but uses a first name other than “Fred”, that person is a fake. If someone uses the name Fred B. Pamaos, please call the telephone numbers ([02] 927-7673 and [02] 454-1442) of our law office and verify if the notice/demand letter is legitimate. Please check our law firm’s website (jlp-law.com, click here) for other contact details. Continue reading

Steve Jobs on Products and Sales People

There’s no doubt that a company, in order to be successful, needs both product people, or those who create/develop the product, and marketing/sales people. However, as Apple founder Steve Jobs points out, using IBM and Xerox as examples, a serious problem emerges if the product people are driven out from the decision-making process. In the youtube clip below, Steve Jobs notes, “…so the people that can make a company successful are sales and marketing people, and they end up running the companies. And the product people are driven out of decision-making forms. And the companies forget what it means to make great products.” Continue reading

SC Upholds Marcos Burial at Libingan ng mga Bayani

The Philippine Supreme Court, dismissing the petitions by a 9-5 vote, effectively removed any legal obstacle to the government’s plan to allow the burial of former President Ferdinand Marcos at the Libingan ng mga Bayani. For the full text of the Supreme Court Decision in Ocampo et al. vs. Enriquez, G.R. NOS. 225973, click here. Feel free to discuss below.  Continue reading