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May a corporation guarantee the repayment of the debt of another corporation? A corporation has applied for a loan with a bank but it has insufficient collaterals. To supplement the security, the corporation submitted the guaranty from another corporation. Should the bank accept such guaranty as add
Securities and Exchange Commission Enforcement and Investor Protection Department found the company headed by Jesser Cordova has been publicly offering and selling securities without the necessary secondary permit
The Securities and Exchange Commission has revoked the corporate registration of another company involved in illegal investment scheme.
Atty. Rowena V. Guanzon of the U.P. College of Law and Harvard’s Kennedy School of Government served as municipal mayor, UP law professor, a Commissioner at the Commission on Audit before being appointed to the Commission on Elections.
There is a growing trend for corporations to appoint a chairman emeritus in the corporation. “Emeritus” comes from a Latin word meaning “earned” or “merited,” signifying prestige, distinguished experience and accomplishments. In most cases, the chairman emeritus once served as chairman of the board