Pros and Cons of a Joint Venture

Joint venture is an organization formed for some temporary purpose. 

A joint venture, therefore, is akin to a partnership, the essential elements of which are as follows:

 (1)  an agreement to contribute money, property, or industry to a common fund; and

 (2)  an intent to divide the profits among the contracting parties. 

(Carlos Valdes vs. La Colina Development Corporation, G.R. No. 208140, July 12, 2021)

THE SUPREME COURT DECIDES: Statements against public officers do not constitute defamation when made in relation to their discharge of official duties

In the case Argelyn M. Labargan v. People of the Philippines, G.R. No. 246824, December 6, 2023, the Supreme Court emphasized that statements against public officers do not constitute oral defamation when made in relation to their discharge of official duties, unless the prosecution establishes that they were uttered with actual malice.

Why choose ALBURO LAW?

Alburo Alburo & Associates Law Offices:

• Have labor law and business law as our main fields of practice. For almost a decade now, we have been helping businesses improve their productivity and profitability by helping them comply with relevant laws, rules, and regulations.

• Observe high standards of excellence.

• Always consider innovative approaches to effectively address the legal concerns of our clients, covering a wide range of industries such as food, manufacturing, chemicals, real estate, retail and wholesale trade, and services in fields such as information technology, human resources, security, training, process outsourcing and other manpower services, among many others.

Contact us: 09778050020 | 09778050015 | (02) 7745-4391

Email us: [email protected] | [email protected]

NOVEMBER 2024 TRAINING PROGRAM

2nd Effective Collection of Debts without a Lawyer

Employment Law 101: Fundamentals of Employment and Labor Law

3rd 11 Golden Rules of Employee Discipline and Termination