Reading Time: 4 minutesDid you know that performance bonds date all the way back to 2,750 BC? One might be surprised by the longevity of the performance bond, but this underlines its commercial usefulness, particularly in the context of building and construction. Although it may seem complicated and technical to most people at first blush, the performance bond […]
Security of Payment Act: How to Claim Progress Payment for Work Done
Reading Time: 8 minutesIn 2005, the government introduced the Security of Payment Act (SOPA), in a bid to improve cash flow in the construction industry and provide an efficient and low-cost dispute resolution mechanism for payment disputes. This has had significant impacts on construction companies, particularly small and medium-sized companies that need to maintain their cash flow, but […]
Breaking your rental lease early in Singapore
Reading Time: 8 minutesFor the month of October 2017, Asia Law Network is collaborating with 99.co to bring great property-related legal content to readers of their blog written by Asia Law Network Premium Lawyers. In the last article in this series, Jeshua Srijit Shashedaran from Netto & Magin LLC talks about tenants and landlords breaking leases early in […]
How to contest a will
Reading Time: 6 minutesIt isn’t uncommon for the family of a deceased person to feel that the will that the deceased person drafted properly reflects their final wishes. They may think about contesting the will, to seek to prove that it is invalid in court, that the deceased’s estate should be distributed differently. There are ways to contest […]