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Point of Law

The following articles were written by Francisco Ed. Lim and also published in The Philippine Daily Inquirer.

December 07, 2017

Fund managers and stock market players have a go-to advice: Invest in blue chip stocks when diversifying your portfolio to decrease risks and increase the probability of gains. Blue chips are stocks in companies that have gained a reputation for being stable, financially sound and reliable. This reputation was built, thanks to a long history of success as a company. Blue chip companies, or... Read More

November 24, 2017

Our Rules of Court on Evidence does not contain any provision sanctioning video testimony. Understandably so because when the Rules of Court was promulgated in 1964, the technology was not yet in place. Things have drastically changed, though. We now live in a digital world where almost everything can be done electronically or through the internet. The question posed to me is whether the court... Read More

November 09, 2017

Last October 25, the Asean Law Association (Ala) held its commemorative session in Malacañang Palace. President Duterte was, of course, the special guest speaker. After calling upon Ala to “become instrumental in addressing the regional scourge of poverty, transnational crimes and terrorism,” the President went extemporaneous to explain to his international audience his war against drugs.... Read More

October 19, 2017

The new president and chief executive of the Philippine Stock Exchange (PSE), Ramon S. Monzon, was the guest speaker in the recent annual general membership meeting of the Shareholders’ Association of the Philippines (SharePHIL). In the course of discussing his vision for the PSE, Monzon presented data which caught the ears and eyes of members. According to Monzon, the PSE is “one of the oldest... Read More

October 05, 2017

Today, Oct. 5, the world celebrates World Teachers’ Day per the declaration of the United Nations Educational, Scientific and Cultural Organization (Unesco) in 1994.   I have given accolades to my teachers in the past and this time I write on the thoughts of my four children about them.   Although they gave different reasons, they all said they considered... Read More

September 21, 2017

Last August 31, the Shareholders’ Association of the Philippines (SharePHIL) held its 4th annual summit at the Dusit Hotel in Makati City.   The summit featured the famous brothers of the Ayala Group, Jaime Augusto and Fernando Zobel de Ayala.   The occasion was a rare feat for any organization: It was the first time the Zobel brothers spoke jointly as... Read More

September 07, 2017

Through the years, the Bureau of Customs (BOC) has earned for itself a bad reputation. Many times, it has topped the Social Weather Stations (SWS) surveys either as the most corrupt government agency or the least sincere in fighting corruption. Indeed, a perusal of broadsheet headlines in the last few years would readily reveal that the agency has been embroiled in many scandals: Rice smuggling... Read More

August 24, 2017

Marital or spousal privilege is a term used in the law of evidence to describe two separate privileges: testimonial privilege and communication privilege. In the Philippines, testimonial privilege is enshrined in Section 22 of Rule 130 (Rules of Court), which provides that “[d]uring their marriage, neither the husband nor the wife may testify for or against the other without the consent of the... Read More

August 10, 2017

The affable lefty golfer Phil Mickelson is a risk taker in golf. Avid golfers can recall Mickelson’s drive on the 13th hole at Augusta National in the final round of the 2010 Masters that settled on pine straw. Mickelson fired a 6-iron between two trees and the ball landed on the green, setting up a birdie that gave him his third green jacket. Mickelson’s risk-taking did not end in golf. He... Read More

July 27, 2017

President Duterte’s ambitious infrastructure plan, dubbed the “Build, Build, Build” program, has attracted significant interest from investors. Sometimes, we even see known competitors joining forces to build a project. An example is the LRT-1 Cavite Extension Project, which is being constructed by a consortium composed of Metro Pacific Light Railway Corp. led by the group of Manuel V.... Read More

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