Legal Library

Unrestricted Retained Earnings (URE)

Unrestricted Retained Earnings (URE) are the accumulated profits and gains realized out of the normal and continuous operations of the company after deducting therefrom the distributions of stockholders (legal capital) and transfers

Republic vs. Heirs of Sin Digest

Facts Maxima Sin was the owner of 5.8 ha land in Tambac, New Washington, Aklan. After she died, respondents claim that they are lawful heirs of the late Maxima Sin. In 1991,

Law and Religion

A law must have an articulable and discernible secular purpose and justification to pass the scrutiny of the religion clauses. – Justice Del Castillo in Ang Ladlad vs COMELEC

Respect

One unavoidable consequence of everyone having the freedom to choose is that others may make different choices – choices we would not make for ourselves, choices we may disapprove of, even choices

Children

“The child is one of the most important assets of the nation. It is thus important we be careful in rearing the children even so if they are illegitimates, as in this

Slavery

Only ruthless, unfeeling capitalists and egoistic reactionaries continue to pay obeisance to such un-Christian doctrine (in Prisley v Fowler)…. it humiliates man and debases him; … refers to the lowly worker as

Lawyers

“A bad lawyer is one who fails to spot problems, a good lawyer is one who perceives the difficulties, and the excellent lawyer is one who surmounts them.” – Harvard’sBruce Wasserstein

Literal Interpretation

When Samson (his long hair cut by Delilah) was captured, the procurator placed an iron rod burning white-hot two or three inches away from in front of Samson’s eyes. This blinded the

Faith

The purpose of including such provision in our [laws] is to harmonize our civil laws with the religious faith of our people – Republic v Molina

Marriage or Love

Love is useless unless it is shared with another. Indeed, no man is an island, the cruelest act ~xxx~ is to say “I could not have cared less.” This is so because

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