Introduction to the First Issue of the Legal Management Journal

Greetings of Peace!

I am well pleased to present the first issue of the Legal Management Journal containing seven articles by Master of Laws candidates of the San Beda Graduate School of Law. Five of them deal with the intriguing topic of Corporate Governance. These articles are among the reports that were presented in class and/or submitted to Atty. Francis Ed. Lim for Corporate Governance and are as follows:

· "A Comparative Analysis of the SOX, the Proposed Philippine Corporate Reform Act (2004) and the SEC’s Code of Corporate Governance" (Tomboc 2005)

· "Corporate Governance: The Korean Perspective" (Tria 2005)

· "Corporate Governance: Top Executive Compensation and Boardroom Practices" (Antiquiera 2005)

· "Corporate Governance in the United States and in Japan" (Kayaban 2005)

· "Shareholderism versus Stakeholdership" (Valencia 2005)

The first article mentioned above is an update of an earlier article entitled “A Study of the U.S. Sarbanes-Oxley Act in Relation to Philippine Law on Corporate Governance” written by myself and printed in the Working Paper Series by the Center for Business and Economics Research and Development (CBERD) of the College of Business and Economics of De La Salle University Manila (DLSU-Manila) in June 2004.

The sixth article in this issue entitled “Are the Interim Rules of Procedure on Corporate Rehabilitation (2000) Excessively Pro-Debtor? An Examination of Corporate Rehabilitation in the Philippines in the United States” is the paper that I submitted to Dr. George Carmona for Corporations in Distress.

The last article in this issue entitled “Liability Issue: Torts and Damages in an Educational Setting” is a paper that I submitted to CBERD in February 2005.

I would like to thank DLSU-Manila for providing access to some of the research materials that were used as sources and references in this issue. I would also like to thank all our professors and my classmates at San Beda who unstintingly shared their talents through their suggestions and contributions. This humble work would not have been accomplished without their support.

The Journal is planning to come up with new articles of interest to law students, professors and practitioners, bench and bar in its succeeding issues.

Thank you very much.

Very truly yours,

Atty. Juris Bernadette M. Tomboc
Editor