The topics below may be relevant to your daily activities, especially those which involve business law, labor law, and other legal areas of your business.
Business Law and Labor Law Updates
Dealing with Abandoned Lease and Disappearing Lessee
Leasing, as a business, poses its own set of challenges. Though ejecting delinquent lessees are among the most common problems, the disappearance of the lessee and abandonment of the premises can also give legal headaches to lessors. Since the lessor cannot deal with such abandonment without making sure that all the legal implications are taken into account (as any misstep could prove to be costly), it would be better if he understands the situation and knows exactly what to do.
How to Dismiss an Erring Employee the Right Way
Since the law considers one’s employment as property right that cannot be taken away without due process, it would be for the best interest of employers to comply with proper procedures, especially on enforcing discipline at work. Though an employer is allowed to terminate employment as part of his management prerogatives, an employee’s misdeed should be dealt with properly and legally, both as to the cause and as to the procedure observed.
Trust as Tool for Securing Corporate Assets From Dissipation
Some corporations may have been having the need to preserve its assets, especially in family-owned corporations where the next generation of owners would be more prone to mismanagement. Thus, creation of trust, which is a separate entity, may help in such endeavor. If a corporate trustor will be constituted, the beneficiaries will be able to realize certain legal advantages that may be exploited in the field of asset protection. The discussions in the article might help corporations concerned with asset preservation realize that establishment of trust is among their viable options.
Giving Your Business Its Own Identity
By: Atty. Alvin Liao Alburo
First published in the Philippine Daily Inquirer on February 3, 2017
In our day-to-day lives, commerce plays a huge part, whether we buy food and drinks, stock up on toiletries or have a haircut.
Since the decision of the consumers is partly influenced by brands and their reputation, it is therefore important for businesses to acquire exclusive rights over their trademarks.
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