Dispute Matters

Standard Chartered Bank’s PHP1.12 billion claim against Philippine Guarantee Corporation

C&G law acted for Standard Chartered Bank in pursuing its PHP1.12 billion claim against Philippine Guarantee Corporation, a government owned and controlled corporation, arising from the defendant’s failure to honour its obligation under a Guarantee Agreement wherein it secured a PHP5 billion loan facility extended by Standard Chartered Bank to Philippine Phosphate Corporation, which had …

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Philippine’s biggest conglomerates challenging the legality of a local government unit’s ordinance imposing franchise tax on shopping malls

C&G Law is representing three of the country’s biggest conglomerates in challenging the legality of a local government unit’s ordinance imposing franchise tax on shopping malls. The case involves administrative and court proceedings for the nullification of a local government unit’s ordinance imposing franchise tax on shopping malls. This case is significant because it may …

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Metro Rail Transit Corporation in Philippines in various cases against government units involving the taxability of the EDSA Light Rail Transit System

Philippines’ Metro Rail Transit Corporation cases against government units involving the taxability of the EDSA Light Rail Transit System

C&G Law is representing Metro Rail Transit Corporation (“MRTC”) in proceedings before various courts (including the Philippine Supreme Court) against the local governments of Makati City, Pasay City, Mandaluyong City and Quezon City. The case involves the issue of whether the EDSA Light Rail Transit System which MRTC built for the Philippine government on Epifanio …

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Defending the Philippines President’s executive orders to reduce real property tax of independent power producers

C&G law is acting for a power generation company, together with the Executive Secretary, in defending the President of the Philippines’ executive orders in reducing real property tax of independent power producers (IPPs), marking the first time a president’s executive orders reducing real property tax and condoning interest were challenged before the courts. Partners Anthony …

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claim against Philippine Guarantee Corporation for non-performance of contract

Standard Chartered Bank’s PHP1.12 billion claim against Philippine Guarantee Corporation for non-performance of contract

C&G Law is representing Standard Chartered Bank in its PHP1.12 billion claim against Philippine Guarantee Corporation, a government owned and controlled corporation, formerly known as Trade and Investment Development Corporation and Philippine Export-Import Credit Agency. The claim arises from the defendant’s failure to honor its obligations under a Guarantee Agreement pursuant to which it secured …

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