Global Private M&A Guide - Limited External Content

Philippines

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Set-offs against claims
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Set-offs against claims Start Comparison
Is a set-off against claims for tax benefits common?

Frequency/market practice: Rarely.

Is a set-off against claims for insurance proceeds common?

Frequency/market practice: Fairly common; this is determined on a case-by-case basis.

Is a set-off against claims for third-party recoveries common?

Frequency/market practice: Fairly common; this is determined on a case-by-case basis.

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