Mirasol, Jose Salvador Y.

Jose Salvador Y. Mirasol (Senior Partner), is a member of the Executive Board and the head of the Corporate Banking & Finance group. His practice focuses on banking and finance, corporate law, and real estate.

Zaldy is particularly consulted by corporate clients on structuring, nationality compliance, capital raising, counterparty negotiation, and other difficult corporate issues. He is likewise engaged by major foreign banks, multilaterals, and financial institutions on derivatives and structured products, cross-border advisory and investments, franchise expansion, multi-creditor cross-currency refinancing, and other complex financial transactions. His advice is sought for its comprehensiveness, creativity, and practicability.

Zaldy is regarded for his ability to innovate and design legal solutions that eventually became industry standards. He pioneered the structure that enables foreign condominium ownership beyond 40%. He created concepts like “unsolicited offer to purchase”, “nominated subcontracting”, “shared areas”, and “concomitant interest”. His proposed statutory amendment enabled foreign bank branches to become universal banks. He designed the legal framework of the Philippine Central Depository, which modernized the settlement of equity trades in the stock exchange, and the Philippine Dealing System, which formalized the marketplace and support infrastructure for fixed-income securities. The documentation he developed for Tier 2 issuances became an industry template for Basel-compliant quasi-equity instruments for banks.

Zaldy has been cited as a Band 1 leading individual in corporate and commercial law, banking and finance, capital markets, and mergers and acquisitions by various international legal publications for several years now. He is a faculty member of Commercial Law of the Philippine Judicial Academy of the Supreme Court, and the College of Law of the University of the Philippines.

Zaldy earned his bachelor’s degree in Philosophy and Mathematics, cum laude and department awardee, from the Ateneo de Manila University in 1980, joining the Philosophy faculty the same year. He received his bachelor of laws degree, cum laude and class valedictorian, from the University of the Philippines in 1988. He was admitted to the Philippine bar and joined the firm in 1989.