Reading Time: 4 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. Being a lawyer and managing a law firm are two different spectra and requires different sets of skills. 83% of law firms in […]
Reading Time: 5 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. For a successful startup journey, it’s crucial to get the foundation right, especially in the ideation and seed stages. If you’re starting a startup in Singapore, here are some legal considerations to […]
Reading Time: 4 minutesThis article is part of Asia Law Network’s partnership with Tech in Asia where we publish articles written by lawyers on their advice for startup founders. At the start, things seem rosy. A few people come together with a brilliant idea to start a business that will change the world or, at the very least, […]
Reading Time: 7 minutesFood – a part of Singapore’s DNA Singaporeans have always had a love affair with food. One of the favourite pastimes of Singaporeans is seeking out and dining at new and exciting establishments. We are home to a plethora of cuisines, with authentic Indian, Chinese, Malaysian, Thai, Indonesian and other South East Asian eateries aplenty. […]
Reading Time: 16 minutesIntroduction So you are a tech startup who want to raise funds. You figure that instead of incurring debt, issuing equity, entering into convertible loan agreements (CLA), you will conduct an initial coin offering (ICO) or digital token sale. Not least because the amounts of money which have been raised by recent ICOs are huge. […]
Reading Time: 9 minutesA burgeoning popularity of cryptocurrency Widespread usage of the Internet has resulted in the emergence of various new technologies which have altered the way society functions, affecting both human relationships and commerce. In our previous article, we had discussed financial technology – also known as fintech. Recently, there has been a lot of news regarding […]
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: […]
Reading Time: 6 minutesRetrenchment is sadly unavoidable Retrenchment is sadly unavoidable in today’s modern world. Singapore’s economy is constantly in flux: workers are under tremendous pressure to increase productivity and improve their employability by learning useful future skills, while employers must continuously find ways to stay one step ahead of their competitors and/or technological disruption. Even when they […]
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. […]
Reading Time: 5 minutesLawyer Lau Kah Mei shares 10 frequently asked questions on the Personal Data Protection Act (“PDPA”). Question 1: Can I take a photograph of a specific person for my firm’s marketing purposes without getting his consent? No, because among other obligations, the data protection provisions in the PDPA would require the photographer to first obtain […]
Reading Time: 6 minutesMediation – an alternative to Court litigation that is gaining traction When a serious dispute arises, the common response is to instruct lawyers immediately and to take the battle straightaway into the Courtroom. This may be the preference of many who have no faith that the dispute can be resolved. In recent times however, disputants […]
Reading Time: 4 minutesOn 18 September 2017, the Accounting and Corporate Regulatory Authority (“ACRA”) issued revised versions of its written guidance in relation to the requirements on the register of controllers for Singapore companies, foreign companies registered in Singapore and limited liability partnerships (collectively known as “Corporate Entities”, and each a “Corporate Entity”) under Part XIA of the […]
