Most Recent Articles
Becoming the Executor of a Will
Reading Time: 6 minutesWhat is involved as an executor of a will? When you agree to be the executor of a person’s will, you agree to manage and distribute that person’s assets for the beneficiaries named in his will and in the manners instructed in the will upon that person’s death. In other words, you agree to execute […]
White-Collar Crimes in Singapore: Tales of Terrible Lessons (Part 2 of 3)
Reading Time: 8 minutesIn the first of a three-part series, lawyer Edmund Lam gave an introduction to white-collar crime and shared examples of money laundering and signing of false certificates. In this article, he provides illustrations of the criminal breach of trust, corporate fraud and corruption and bribery. Illustrations of white-collar crimes Criminal Breach of Trust In 2001, […]
Tax Deductions for Costs relating to Intellectual Property
Reading Time: 4 minutesTax deductions are available for costs incurred in the registration, acquisition and licensing of intellectual property. In an effort to support innovation and the secure commercialisation of intellectual property, the Singapore Budget 2018 (“2018 Budget”) has extended and enhanced certain aspects of the existing tax benefits for YA 2019 to 2025. Income Tax Act Registration […]
White-Collar Crimes in Singapore: Tales of Terrible Lessons (Part 1 of 3)
Reading Time: 7 minutesIn a three-part series, lawyer Edmund Lam shares more about white-collar crimes and illustrations of the different types of white-collar crimes. In the first part of this series, Edmund shares more about white-collar crimes and provides illustrations on money laundering and signing of false certificates. To many of us, white-collar crime stories seem to be […]
Intestacy – Dying Without a Will
Reading Time: 5 minutesWhen a person passes on, the tasks of managing the assets that the person leave behind can be daunting on the family especially in a time of grief. You can ease your family’s tasks by making a will – a document that gives clear appointment of whom you want to manage such matters for you […]
Asia Law Network participates in Tech.Law Fest 2018
Reading Time: 1 minutesThe team with Justice Lee Seiu Kin, Chief Justice Sundaresh Menon and Minister for Foreign Affairs and Minister-in-charge of the Smart Nation initiative, Dr Vivian Balakrishnan. SINGAPORE, 6 April 2018- Asia Law Network is proud to be a participant at TechLaw.Fest 2018. Nearly 500 industry players were gathered at TechLaw.Fest 2018 to address the challenges […]
Due Diligence Checklist For Buying A Business
Reading Time: 4 minutesStarting from scratch is not the only way to go. Most often, buying an existing company is less risky than setting up your own startup. Buyers can rely on the brand’s goodwill, steady customer base, key managers who are familiar with the business inside out. Buying the right business can make or break you. Buyers […]
The importance of Will drafting and the Intestate Succession Act
Reading Time: 4 minutesProperty in Singapore is extremely valuable, and much confusion can arise out of figuring out whose property belongs to whom after someone is recently deceased. Often, a person makes a Will to specify how the property and assets should be managed or distributed after his death. However, people sometimes neglect to draft a Will, or […]
Common Pitfalls & How To Avoid Them In A Series Fundraising Round
Reading Time: 4 minutesCommon Pitfalls and Considerations in Fundraising It is important for a company to raise and maintain sufficient funds to meet day-to-day operational costs, as well as to plan for future growth and development. Funds can be acquired externally, from investors who show an interest in the company and wish to commit to an equity or […]
Slip / Trip and Fall Cases – Tips On Gathering Good Evidence
Reading Time: 3 minutesType of slip / trip and fall cases The evidence required to support your claim in a slip / trip and fall case depends on the kind of accident that occurred. These accidents usually fall into one of the following three categories: Slip and fall on water, oil, or other foreign substance Slip / trip […]
Making a Mitigation Plea in Singapore
Reading Time: 6 minutesAfter a person is found guilty of an offence, the Court will decide on the punishment. The prosecution will usually submit a sentence which their office sees as befitting of the offence. In response, the offender or his lawyer is entitled to make a plea in mitigation. The Court will pass sentence after hearing the prosecution’s […]
Law firm leadership is key to the future – Part 3 of 3
Reading Time: 5 minutesIn this series of articles by Yarman J. Vachha, Managing Director of YJV Consulting, he highlights the legal scene in Asia, the changes to the legal industry and the different resources available to law firms for expansion. In our first article, he shared his thoughts about managing and growing a law firm and in the second article, he discussed the […]
Personal
SMU Lexicon: A Non-parent’s Maintenance Obligation
Reading Time: 7 minutesIntroduction Imagine you marry someone with a child from a prior relationship. Initially, you do not mind caring for this child. Then, your marriage sours and you no longer want anything to do with your spouse or the child. However, can your initial conduct of caring for the child unknowingly saddle you with a legal […]
Business
Singapore’s latest push as a restructuring and insolvency hub – Amendments to SICC rules
Reading Time: 3 minutesSingapore has earned a budding reputation as a hub for debt restructuring and insolvency in Asia, with its transparent legal system and judicial expertise. This growth can also be attributed to enduring efforts to innovate and reform. To enhance Singapore as a forum of choice in international restructuring and insolvency proceedings, the Rules of Court […]
Most Common and Confusing Legal Words (Legalese) Explained Simply 
Pornography: How Legal is it in Singapore? 
What’s the difference between advocates, solicitors, barristers, counsels, notaries, lawyers and att... 
“Traditional” vs. “Design and Build” Contracts: What’s the Difference? 
Can WhatsApp messages be used in court in Singapore? 
What constitutes acceptance of a contract? 
What is the difference between paid up and authorised capital? -
A Summary of “The Rule Of Law” by Tom Bingham: Part 1 - A Guide to Understanding a Variable Capital Company (VCC)
How does an escrow account work in Singapore?
