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LIVE DESK·Global markets desk·Last updated 14s ago
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Celsius Resources files complaint seeking disbarment of lawyers

Company and affiliates allege legal misconduct tied to governance of Makilala Mining and the MCB Copper-Gold Project in the Philippines.

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Helena Vásquez · Business Desk · 25 Aug 2026 · 19:13 · 1 min read
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Celsius Resources files complaint seeking disbarment of lawyers

Celsius Resources Limited (ASX, AIM: CLA) and affiliated complainants have filed a disciplinary complaint with the Philippine Supreme Court seeking the disbarment of seven lawyers from Sarmiento Loriega Law.

The complaint, filed under the Code of Professional Responsibility and Accountability, names attorneys Julito "Sarge" R. Sarmiento, Maria Elizabeth Peralta-Loriega, Recolito Ferdinand Cantre Jr., Jose A. Linsangan, Bryan A. San Juan, Christine C. Clemente, and several junior lawyers. Celsius Resources stated it is limited to confirming the filing due to Philippine disciplinary proceedings requirements.

The legal action follows a criminal complaint submitted to the Philippines Department of Justice on August 3, 2026, against Attorney Sarmiento for an alleged contravention under Section 2-A of the Anti-Dummy Law. The complaints relate to the governance of Makilala Mining Company, Inc. and its MCB Copper-Gold Project, which operates under a Mineral Production Sharing Agreement with the Philippine government.

The announcement was authorized by the Celsius Resources Board in compliance with continuous-disclosure obligations under ASX Listing Rule 3.1 and AIM Rule 11.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

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