Question

1. XYZ Corporation is a foreign corporation incorporated and existing under the laws of Country A. It operates a branch office in the Philippines and engages in various business activities. However, due to some legal complications, the branch office has been temporarily closed and unable to operate. In this situation, discuss whether XYZ Corporation still retains its nationality as a foreign corporation under Philippine law.

2. ABC Corporation is a Philippine corporation engaged in the manufacturing of consumer electronics. It has recently expanded its operations and has decided to establish a subsidiary in Country B. The newly formed subsidiary, known as ABC B Corp, is incorporated and registered under the laws of Country B, but fully owned by ABC Corporation. Analyze the nationality of ABC B Corp and determine its legal status and rights under Philippine law.

3. LMN Corporation is a multinational company with operations in various countries around the world, including the Philippines. It has a subsidiary known as LMN Philippines Inc., which is a Philippine corporation. Due to financial difficulties, LMN Corporation decides to sell its majority shares in LMN Philippines Inc. to a group of foreign investors. Discuss the implications of the sale on the nationality and legal status of LMN Philippines Inc. under Philippine law.

4. PQR Corporation is a joint venture between a Philippine company and a foreign company. The joint venture agreement provides that the management of the corporation shall be shared equally between the Philippine and foreign partners. However, after a few years of operation, disputes arise between the partners, leading to the resignation of the foreign partner and the appointment of a new foreign partner in its place. Assess the impact of these changes on the nationality and legal status of PQR Corporation under Philippine law.

5. XYZ Corporation is a foreign corporation that has been carrying out business activities in the Philippines for several years. Recently, the corporation decides to transfer its primary place of business from its home country to the Philippines. Analyze the process and requirements for the change of nationality of XYZ Corporation under Philippine law.