When our laws on corporate rehabilitation were amended in 1981, the Firm practiced heavily in this relatively new field. Having taken the initiative ahead of other more established firms, majority of corporate rehabilitation proceedings were handled by the Firm. Within a short time, the Firm established a strong reputation in this area and was eventually engaged to represent bank creditors of the first corporation to be successfully rehabilitated under the new law.
Since then, the Firm has reinforced its leadership in this field. In one of the biggest and most successful corporate restructuring and reorganization projects in the country, the Firm was chosen by over 30 local and foreign banks to act as consortium counsel for all creditor banks and financial institutions of the subsidiary of the leading telecommunications company in the Philippines.
Today, the Firm is involved in almost all major corporate recovery projects in the country, both litigated and non-litigated, representing no less than some of the biggest local and foreign banks and financial institutions.