computer chip (The Efficient Breach of Smart Contracts_Asia_Law_Network)
The Efficient Breach of Smart Contracts

Reading Time: 3 minutesSmart contracts are described as self-executing: how they are formed is how they will be performed. This is why some of us see no (or at least less) room for legal dispute over them. It shouldn’t be this way. Where it’s efficient, it should be possible to breach a smart contract. Even though this may […]

Man sitting on a chair talking with hand outstretched, over a table with a glass of water, note book and papers ( Breach Of Contract_Asia_Law_Network)
What Is A Breach Of Contract? What Can You Do About It?

Reading Time: 7 minutesThere are plenty of agreements that you may make throughout your lifetime. But if the party with whom you form the agreement does not fulfill his/her obligations, or fulfills them in an unsatisfactory manner, does the law afford you any recourse? It depends – is there even a contract in the first place? Contracts are […]

business man and woman shaking hands over a table with 2 cups of coffee (What constitutes acceptance of a contract)
What constitutes acceptance of a contract?

Reading Time: 5 minutesAn agreement isn’t valid until someone else agrees to it! A contract is needed to enforce the terms of an agreement between two or more parties, and to compel the other party to uphold their end of the bargain. In general, for a contract to be considered legally binding, four key elements should be present: […]

A man with a ring on his g=finger signing a legal document (Shareholder's_Agreement_Singapore)
Tips on drafting a great Shareholder’s Agreement

Reading Time: 6 minutesShareholder’s Agreement is an important starting point for many startups and SMEs Many people decide to go into business at some point in their lives. The number of startups continue to burgeon the world over. Small and medium enterprises (SMEs) make up 99% of all Singapore’s enterprises and account for about half of Singapore’s GDP. […]

A man signing a contract (Contract Essentials for a Business in Singapore)
Contract Essentials for a Business in Singapore

Reading Time: 6 minutesYou run a business or are self-employed. You just closed a deal with a customer. You need to whip up a contract to seal the deal. You also need to tie-up with a supplier to cater to this deal you just made with your customer. Now you are wondering how best you can bind both […]

What are Distribution Agreements in Singapore?

Reading Time: 6 minutesThe nature of distribution Distribution is an arrangement through which the distributor buys goods from a manufacturer or wholesaler and resells them on its own behalf. This is a common relationship in business and warrants some examination if you are either a distributor, manufacturer or wholesaler. Distribution differs from a mere re-sale In a mere […]