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, […]
Reading Time: 8 minutesIntroduction It’s a dog-eat-dog world out there. There are unethical businesses which will lie and take advantage of their customers just to make a sale. One example occurred way back in 2014, when an unsettling video of one Pham Van Thoai circulated on the net, which showed him crying and begging for a refund from […]
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 […]
Reading Time: 4 minutesIf there is one good thing that arose out of the COVID-19 pandemic, it would be that it has significantly changed the way businesses, including law firms, work. Under the rules as at the date of writing, work from home (“WFH”) is the default mode in Singapore since disaster struck in late in 2019. While […]
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 […]
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 […]
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 […]
Reading Time: 6 minutesIntroduction Electronic communications are omnipresent. Apart from texting our friends via apps like Telegram or WhatsApp, and discussing work through emails, we also transact using electronic means – for example, by buying items off Taobao, Shopee, or Lazada, just one of the many e-commerce platforms available. This article discusses whether agreements formed over messaging apps […]
Reading Time: 6 minutesIntroduction After a long day at work or school, we all want to retreat to a peaceful environment where we can truly relax. But a difficult roommate that you share an apartment with can get in the way of that. A roommate who leaves his dishes undone and rubbish uncleared is trouble enough, but what […]
Reading Time: 5 minutesAbout this case This was a legally novel case as it was the first time the defence of unilateral mistake was raised in the context of algorithmic trading and the formation of contracts by such means – a first in cryptocurrency cases. Facts & Background Quoine is a cryptocurrency exchange platform operator, while B2C2 Ltd […]
Reading Time: 7 minutesIntroduction Picture this. You are a contractor, and the developer of your long-completed construction project is suddenly threatening to sue you over some tiles that have fallen out. You find out that the reason behind the tiles falling out is that they required a specific glue, which the supplier failed to tell you to use. […]
Reading Time: 4 minutesMark is many things – it would be much easier if I started with what Mark is not. For starters, Mark is not your average lawyer. He is not a meek acceptor of his status quo and is certainly not a follower. “There’s a certain opportunity in the market right now, and I want to […]
