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
RULE IN CASE OF URGENT REPAIRS IN LEASED PROPERTIES
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If the repairs last more than forty days the rent shall be reduced in proportion to the time — including the first forty days — and the part of the property of which the lessee has been deprived.
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When the work is of such a nature that the portion which the lessee and his family need for their dwelling becomes uninhabitable, he may rescind the contract.
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Improvements which the lessor may want to make on the property during the period of the lease cannot be done against the objection of the lessee.
ON MANDATORY REPORTING OF NOTIFIABLE DISEASES
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There is an obligation to report to the Department of Health (DOH) any health events of public concerns
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Health event of public concern refers to either a public health emergency or a public health threat
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Any information obtained is protected under the Data Privacy Act
REGISTRATION OF SECURITES
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A registration statement shall be duly filed with the Securities and Exchange Commission
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All documents or information with respect to registered securities are open to public inspection
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Securities may be exempted from registration
ON NOTIFIABLE DISEASES
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Disease refers to an illness due to a specific substance or exposure which affects an individual
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Notifiable disease refers to a disease that must be reported to public health authorities
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However, unauthorized disclosure of private and confidential information pertaining to patient’s medical condition or treatment is not allowed
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