Reading Time: 7 minutesIn some circumstances, a contract can be nullified. In general, for a contract to be considered legally binding, it should fulfil four key characteristics: A clear agreement between all the relevant parties on what is offered, and a clear acceptance of the offer; Consideration – i.e. something of value that is given in exchange for […]
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Startup Law Academy: Raising Funds for your Business
Reading Time: 4 minutesDuring a panel discussion organized by Asia Law Network, with partners General Assembly, e27 and WeWork Beach Centre, Ronald JJ Wong (Director with Covenant Chambers LLC), Wang Yingyu (Director with Taylor Vinters Via LLC), Paul Ong (Associate Director at Innoven Capital) and Kelvin Teo (CEO and Co-Founder of Funding Societies) shared their thoughts on the […]
Administrative Contract under Thai Law: Procedure and remedy in an event of breach
Reading Time: 7 minutesIntroduction: Why do administrative contracts matter? In countries with a Dual Court System (e.g. France, Germany and Thailand) the type of courts are divided into: (1) the court which has the competent jurisdiction over disputes arising out of private matters and (2) the court which has the competent jurisdiction over disputes arising out of public […]
Startup Law Academy: Partnership agreements and exit strategies
Reading Time: 4 minutesDuring a panel discussion organized by Asia Law Network, with partners General Assembly, e27 and WeWork Beach Centre, Samuel Yuen (Managing Director of Yuen Law LLC), Too Xing Ji (Senior Associate at BMS Law LLC) and Jace Koh (Founder, U Ventures Pte Ltd), shared their thoughts on the essential agreements needed to protect a startup. […]
A Guide to Initial Coin Offerings (Part 2 of 3)
Reading Time: 6 minutesIn the first of my 3-part series on Initial Coin Offerings (ICOs), I touched on the characteristics, types, risks, benefits and examples of ICOs. In this second part, I will be covering the current regulation of ICOs in various jurisdictions. By and large, most financial regulatory authorities around the world have stated that initial coin […]
Guide to trade marks and trade mark registration (Part 2 of 2)
Reading Time: 5 minutesIn a two-part series, lawyer Jeremiah Chew shares more about trade marks and trade mark registration in Singapore. In the second part of this series, Jeremiah breaks down the application process and explains what is required to successfully register your trade mark. #1. How do I go about applying for trade mark registration? You will […]
Amendments to Securities and Futures (Professional Investor) Rules Expected to Take Effect on 13 July 2018
Reading Time: 3 minutesThe Securities and Futures (Professional Investor) Rules (PI Rules) will be amended to incorporate modifications previously granted by the Securities and Futures Commission (SFC) under section 134 of the Securities and Futures Ordinance (SFO). The amended PI Rules are expected to come into effect on 13 July 2018, subject to the legislative process. The amended […]
What is a trademark?
Reading Time: 5 minutesA trademark refers to any ‘sign’ such as a word, phrase, symbol, image, shape, sound, smell, colour or combination of things that identifies and differentiates the goods or services of one trader from the similar goods or services of other traders. A registered trademark gives the owner rights to use the trademark as registered (and […]
Startup Law Academy: Starting up a business in Singapore and its legal implications
Reading Time: 5 minutesDuring a panel discussion organized by Asia Law Network, with partners General Assembly, e27 and WeWork Beach Centre, Daniel Ho (Director, Summit Law Corporation), Lau Kah Mei (Managing Director, LKM Law Corporation), and Kelvin Tan (Director, Vicki Heng Law Corporation) shared their thoughts on starting a business in Singapore. What structure should I adopt for my […]
MAS Consults on Draft Notice for Product Notification Regime
Reading Time: 5 minutesThe Monetary Authority of Singapore (“MAS”) has issued a consultation paper on 22 May 2018, inviting comments on a proposed new Notice on Listing, De-listing or Trading of Relevant Products on an Organised Market of an Approved Exchange or a Recognised Market Operator Incorporated in Singapore (“Notice”). The Notice sets out the notification regime for […]
Smart contracts – can code ever be law?
Reading Time: 16 minutesWe live in an age of disruption – and the legal industry is not immune. “Smart contracts” has been receiving particular attention, with its potential to bring about both efficiencies in legal work… and also new kinds of legal challenges. What are smart contracts and what can they achieve? We take a closer look at […]
General Contract Drafting Questionnaire
Reading Time: 4 minutesEvery legal contract or agreement is different. But the general structure of most contracts is the same. I’ve come up with a General Contract Drafting Questionnaire to help people think about what to specify in their contracts. The general questionnaire structure is below. If you want to provide me with your questionnaire response for me […]