transferring assets between spouses with clarity and intention in divorce
Transferring assets between spouses with clarity and intention: CLT v CLS and another matter [2021] SGHCF 29

Reading Time: 6 minutesWhat could happen to your wealth and assets if your marriage goes south? What if your spouse is instrumental in preserving your wealth? What happens to shares gifted by your father that are now worth S$11.7 million? Would you try to delay the inevitable and dangle the transfer of interest in a property to get […]

mahjong singapore new law gambling arcade games claw machines
S’pore to introduce new gambling laws that cover arcade games & claw machines

Reading Time: 2 minutesThe Ministry of Home Affairs (MHA) will be amending the gambling legislation later this year to ensure that the laws and regulations remain effective in the face of evolving gambling products and business models. Amendments will be made to areas including the definition of gambling, social gambling, arcade games and claw machines, and online games. […]

A Guide to Listing a SPAC on the SGX (Part 2)

Reading Time: 4 minutesSpecial Purpose Acquisition Companies (“SPACs“) are companies, at the point of their proposed listing on the Singapore Exchange (“SGX“), without an operating history, business or assets generating revenues. The listing is undertaken primarily to raise capital to acquire a business or businesses, as the case may be, and complete a business combination. In this article, […]

A Guide to Listing a SPAC on the SGX (Part 1) Asia Law Network
A Guide to Listing a SPAC on the SGX (Part 1)

Reading Time: 4 minutesSpecial Purpose Acquisition Companies (“SPACs“) are companies, at the point of their proposed listing on the Singapore Exchange (“SGX“), without an operating history, business or assets generating revenues. The listing is undertaken primarily to raise capital to acquire a business or businesses, as the case may be, and complete a business combination.  In this article, […]

Eugene Lim, founding Principal of Taxise Asia LLC and technopreneur, on how he fell into tax accidentally.

Reading Time: 6 minutesEugene starts his day at around 8 in the morning, just in time to catch the companies in the West Coast before they end work. Then, he checks in with his associates at WTS Taxise. “Especially in this Covid-19 period, it’s important to ensure that everyone is coping well,” Eugene says. In the afternoon, he […]

Debt Management Plans: A Practical Solution for Debt-Laden Individuals

Reading Time: 6 minutesIntroduction How does one achieve financial freedom? One typical answer may be to spend below our means. Unfortunately, some of us may already be beyond the point of no return, with interest causing a seemingly-unstoppable spiral into bankruptcy.[1] Still, there is still hope for individuals who are unable to pay off their debts. Various repayment […]

Commentary on Model and Artist’s Legal Tussle: Are my image rights as a model in a photograph protected from commercial use in Singapore?

Reading Time: 7 minutes  In late March 2021, local model Duan Mei Yue and artist Allison Low found themselves in a legal tussle that made it all the way into mainstream media.[1] Low had referenced a photo of Duan’s for her artwork that bore a high resemblance to the latter’s likeness, allegedly without Duan’s permission. The artwork was […]

Enforcement of Verbal Contracts and Evidential Issues

Reading Time: 6 minutes Introduction Suppose Adam agrees verbally to purchase oranges from a supplier, Ben, for Adam’s business. Adam finds out the very next day that another supplier, Cindy, can provide those oranges at a lower cost. Being a shrewd businessman, Adam no longer wishes to purchase them from Ben. He calls up Ben to inform him of […]