SAN SEBASTIAN COLLEGE – RECOLETOS

COLLEGE OF LAW

CORPORATE PRACTICE
Atty. E. Co
Saturday 5:00 – 7:00 PM

READING LIST FOR 20 JANUARY 2018

Special Topic in Corporate Practice:

Nationality requirement under the PH Constitution and
the Rappler case

1. Constitution, Article XII, Section 11; Article XVI, Section 11

2. Gamboa v. Teves, G. R. No. 176579, 28 June 2011 (Decision) and
9 October 2012 (Resolution)
3. Roy v. Herbosa, G.R. No. 207246, 22 November 2016 (Decision)
and 18 April 2017 (Resolution) including J. Carpio’s Dissenting
Opinion to the Resolution.
4. SEC Decision in In Re: Rappler, Inc. and Rappler Holdings
Corporation, SP Case No. 08-17-001, available at
https://www.rappler.com/nation/193687-rappler-
registration-revoked

Further reading:

1. Oscar Franklin Tan. Of PDRs and “foreign ownership” of PH

Media. Rappler, 26 July 2017. Available at:
https://www.rappler.com/thought-leaders/176774-pdrs-
media-ownership

Note: Read as well the two articles (i.e, those of Ranada’s

and Tan’s) cited in the Tan’s article and the provisions of
law cited in the article (i.e., the Securities Regulation
Code) and annotations thereon. Familiarize yourself
with the PDR prospectus of ABS-CBN and GMA7.

2. Lorenzo E. Delgado. Philippine Depositary Receipts: Mass

Media’s Exsting or Emerging Loophole to Constitutionally
Mandated Full Filipino Ownership? 5 The Bedan Review 32-36
 Available at: http://www.sanbeda-
alabang.edu.ph/bede/images/researchpublication/BedanRevi
ew/5._Philippine_Depositary_Receipts_Mass_Medias_Existing_o
r_Emerging_Loophole_to_Constitutionally_Mandated_Full_Filipi
no_Ownership_-_Bedan_Review_Vol._V.pdf

3. Oliver Segovia. Why would anyone invest in Rappler if it’s losing

money? Hack the Diaspora, 6 February 2017. Available at:
https://oliversegovia.com/2017/02/06/why-would-anyone-
invest-in-rappler-if-its-losing-money/