Picazo Buyco Tan Fider and Santos (Picazolaw) is a leader in Capital Market practice in the Philippines. In the last 12 months (from July 2015) the Firm handled two out of the five IPO's listed in the Philippine Stock Exchange (PSE). During the same period the Firm handled two rights offering, one follow-on offering, two top-up transactions, six bond offerings, and three hybrid issues. The Firm is retained counsel to many listed companies. The Firm actively assists these clients comply with the reportorial, disclosure and other continuing listing requirements of the PSE and the Securities and Exchange Commission (SEC).
One of Picazolaw’s established expertise is in Banking and Corporate Finance. From its inception, the Firm has handled as counsel for the lenders, or for the borrowers, hundreds of bank loans, projects finance, loan syndications and other corporate finance projects. Many of these involve the country’s top tier companies and the biggest Philippine and foreign banks. The Firm is almost continuously involved in landmark investments, joint ventures, and M&A’s of major Philippine players and foreign investors in various industries in the country.
Since 1987 the Firm has served as counsel to various participants and bidders in many privatization projects involving government securities and assets. The Firm has also handled Build Operate Transfer (BOT) and Public-Private Partnership (PPP) projects.
The list of high profile and innovative projects handled by Picazolaw (please see “Projects”) is testament to its extensive experience in capital market, complex commercial transactions, corporate acquisition and restructuring, and its reliability as a Firm that delivers professional legal services promptly and effectively.
As a full service firm of some 60 lawyers, Picazolaw is able to provide the entire range of legal services necessary to establish and do business in the Philippines and ensure compliance with all legal conditions and regulatory requirements. These include: incorporation of the appropriate investment vehicles with the SEC, registration of foreign investment with the Bangko Sentral ng Pilipinas (BSP), processing with the Bureau of Immigration and Deportation (BID) of pertinent work visas, and the Department of Labor and Employment (DOLE) work permits of expatriate officers and staff, securing business permits and licenses from local government units (LGU), and tax registration with the Bureau of Internal Revenue (BIR).
The lawyers of the Firm provide corporate secretary services to thousands of Philippine corporations and branches of select multinational companies.
Picazolaw’s labor experts advise clients on a host of labor concerns and handle labor cases before the Labor Arbiters and the National Labor Relations Commission (NLRC). They assist clients establish employment policies, compensation packages, organizational structures and labor manuals that provide for terms and conditions in accord with law. The labor partners are experienced in CBA negotiations and in handling of labor relations conflicts, including strikes and lockouts.
A core group of seasoned and very capable litigators in Picazolaw are prepared to handle all types of legal contest before any court, quasi-judicial and administrative agency, and arbitration proceedings in the Philippines. The large inventory of the Firm’s civil and criminal cases, while mostly consisting of conflicts arising from corporate operations and transactions, also include matters affecting personal rights and family interests, such as those pertaining to civil status, property relations and family law issues, of officers of client companies.
Integral to these legal services is Picazolaw’s ability to protect the client’s trademark, patent and other intellectual property rights under Philippine laws and international IP conventions. The Firm has handled numerous IP registrations, as well as inter-partes cases, before the Intellectual Property Office (IPO).
The Firm provides tax advisory services, establishment of trusts and estate planning for individual clients and for officers of its client companies.
Picazolaw is privileged to be the retained counsel of and to provide professional legal services to many prestigious and established companies and businesses in the Philippines, as well as to several foreign banks and multinational companies.
From its core expertise in corporate law, banking and securities, Picazolaw has been able to develop its practice into new fields of law to address the legal requirements of its clients, as they expand and grow into new businesses. In support of its clients, the Firm has developed its expertise in the fields of utilities, real estate, telecommunications, energy and power, mass media, information and communications technology, mining, gaming and offshore investments.
Picazolaw has a fully equipped modern offices at the top two floors and a quarter of 3 other floors of the 18-storey Liberty Center at 104 H.V. de la Costa St., Salcedo Village, Makati City, Philippines. The partners and the legal staff of the Firm are supported by some 60 full time non-legal personnel and support staff.
The Firm was conceived in 1987 when Antonio A. Picazo, top corporate and banking lawyer, and Antonio R. Bautista, highly respected litigator and law professor, both having then recently withdrawn as senior partners of a Makati-based law firm, decided to pool their respective expertise and clientele together, invite a few other promising legal minds to cast their lots with them, and establish what was originally known as Bautista Picazo Cruz Buyco & Tan Law Office. Joining as founding partners were labor expert Purisimo S. Buyco and corporate lawyer Silverio Benny J. Tan.
While the Firm was thus formally launched as a new law firm on 1 September 1987, it actually served to allow the Partners to continue uninterrupted their working relationships that had begun much earlier in 1983 when they were part of Cayetano Bautista Picazo & Reyes. The most senior associates at that time, Alex Erlito S. Fider and Gemma M. Santos, likewise both came from that law office. They would in time be promoted to Name Partners of Picazolaw.
The Firm started out as a 16-lawyer firm that operated in two offices. The corporate and labor practice group held office at the WIP Building along Buendia Avenue, Makati City, while the litigation and administrative practice group held office at the Bautista Building in Scout Albano St., Quezon City. The separate operation of the Makati and the Quezon City Offices under one partnership lasted for 10 years.
In 1998, the two offices of the Firm, i.e. the corporate department in Makati and the litigation arm in Quezon City, parted ways amicably when Atty. Bautista and the partners in the Quezon City Office withdrew from the Firm to independently continue their practice in litigation. The Makati Office continued the partnership personality of the Firm under its current firm name Picazo Buyco Tan Fider & Santos.
From a 16-lawyer firm in 1987, Picazolaw celebrated its 25th year as one of the biggest and well respected law firm in the Philippines on 1 September 2012.
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