Reading Time: 3 minutesThe Personal Data Protection Act (PDPA) has been in the limelight in the past few weeks. If you are an employer, alarm bells should be going off as you have to pay attention to your obligations under PDPA. If you are an employee, listen up as you have a big part to play in ensuring […]
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Structuring successful partnerships for your startup
Reading Time: 10 minutesPartnering with a partner in a mutually beneficial strategic partnership can be valuable to any startup to charge their growth. It is important to structure these partnerships to safeguard the interest of both sides, especially when it is a deeper partnership where more there might be more confidential information being exchanged. At the same time, […]
What to do when conflicts arise between business partners
Reading Time: 6 minutesBusiness partner conflicts are common Conflicts between business partners aren’t uncommon. While most disagreements are typically quickly resolved with some discussion, there are some more serious disagreements that can threaten the partnership and therefore the whole business. These disagreements can potentially stall or damage the business. There are many reasons why conflicts arise between business […]
A better way to get legal documentation for your startup
Reading Time: 5 minutesEven one lawsuit can devastate the prospects of a startup “Fail Fast, Fail Often” is a popular mantra among entrepreneurs that is only half-true when it comes to the legal mistakes that startups make. Getting into legal trouble often results in the sudden dissolution or a slow death of a dream business as the startup’s […]
Competition Law (Part 2: Abuse of Dominance)
Reading Time: 8 minutesContinuing from the previous article, lawyer Jeremiah Chew from Ascendant Legal LLC talks about the second prohibited conduct of the 3-part series: abuse of dominance. This guide is divided into the following sections: What is the law on abuse of dominance? What does it mean to be “dominant”? Examples of abuse of dominance How does it affect […]
Startups — How to work with lawyers at each stage of funding
Reading Time: 6 minutesStartups need to adjust how they work with lawyers as they grow, scale and expand. How can lawyers help startups meet their changing legal needs? Lawyers Ronald JJ Wong (Associate Director, Covenant Chambers LLC) and Patrick Dahm (Consultant, Samuel Seow Law Corporation) educated startups and shared crucial tips on how startups can work with lawyers […]
Know your rights as a professional
Reading Time: 10 minutesTroubles in the workplace often arise when employees clash with their employers. These conflicts between employees and employers tend to be rooted in legal issues, such as a breach of the employment contract or the employee feeling that he has been wrongfully terminated by his employer. Lawyers Tan Cheow Hung (Director, Beacon Law Corporation) and […]
Planning to start a business or startup? Your Legal Questions Answered
Reading Time: 13 minutesSo you have a unique and innovative business idea that you’d like to fully invest your time and energy in. But before realizing your entrepreneurship dreams, there’s still the legal aspects to take care of such as incorporating and preparing the legal documentation for your business. To help aspiring entrepreneurs, Samuel Ng (Director, BlackOak LLC) […]
Incorporating a Company under the Malaysian Companies Act 2016
Reading Time: 5 minutesThe Companies Act 2016 and Companies Regulations 2017 (“new Act”) have mostly come into force as of 31 January 2017. The new Act aims to reduce the cost of doing business in Malaysia while increasing protection for stakeholders of a company. As part of this objective, the incorporation process for Malaysian companies has been simplified […]
Top 5 misconceptions start-ups have about patents in Singapore
Reading Time: 5 minutesContinuing from the previous IP article, patent attorney Chan Wai Yeng from Taylor Vinters Via LLC talks about the top five misconceptions about patenting which startups should be aware of. Intellectual property protection is an important consideration for most start-ups. The exclusive monopoly that comes with patents can help start-ups carve a niche in a crowded marketplace. […]
What freelancers and self-employed need to know about the law in Singapore
Reading Time: 11 minutesWhat must freelancers know about the legal implications of working in a gig economy? And from the perspective of employers, what do they have to consider when employing freelancers? Lau Kah Hee (Partner, Derrick Wong & Lim BC LLP) and Kang Yixian (Partner, Donaldson and Burkinshaw LLP) shared tips about freelance work during ‘Legal for […]
Pursuing Legal Action on Behalf of a Company
Reading Time: 11 minutesWhat can a shareholder or company member do if the company has a claim against a third party but the directors of the company fail, neglect or refuse to commence action to pursue that claim? What if the claim is against the company’s directors for breach of directors’ or fiduciary duties? Or what if the […]