Reading Time: 3 minutesIn recent years, there has been a slow but steady movement for parties involved in an insurance dispute to choose mediation as a way of resolving their differences instead of engaging each other in an expensive, stressful, and time-consuming legal battle in court or in an arbitration tribunal and ending up with an outcome they […]
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The legal advice that e-commerce, sharing economy, and VR startups need
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. In this article, we asked some professionals for legal advice on starting a business in e-commerce, sharing economy, and virtual reality. Find out the common problems entrepreneurs face in these industries and […]
Law firms and the environment they exist in today – Part 2 of 3
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. In our first article, he shared his thoughts about managing and growing a law firm. In part 2 of this series, Yarman […]
The Efficient Breach of Smart Contracts
Reading Time: 3 minutesSmart contracts are described as self-executing: how they are formed is how they will be performed. This is why some of us see no (or at least less) room for legal dispute over them. It shouldn’t be this way. Where it’s efficient, it should be possible to breach a smart contract. Even though this may […]
Starting a business? Here are some considerations!
Reading Time: 8 minutesYou have finally brought fruition to your business idea and decided to start your business. Most people at this juncture will be daunted with a maze of to-dos and must-dos; from being inundated with questions such as, “Which type of structure shall my business take?” to “How do I find out if my business requires […]
Managing and growing a law firm – Part 1 of 3
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 […]
Workplace Safety, Injuries, & The Law: A Practical Guide – Part Three
Reading Time: 6 minutesGiven the broad scope of this subject on workplace safety, workplace injuries, and the law, this guide will be presented in three parts, each addressing one of the following key areas: What is the employer’s “Golden Rule” in the context of workplace safety; Is it sufficient for employers to follow industry-wide practices for employee safety […]
How to start a tech startup in Singapore, according to a lawyer
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 […]
Taking stock on Dual Class Shares discussions in Singapore
Reading Time: 10 minutesSingapore and Hong Kong recently revived the discussion on dual-class share (“DCS”) structures in order to accommodate listing of new economy companies in industries such as information technology and life sciences. Singapore is considering a proper framework for listings of companies with DCS structures. The underlying current of the discussion on the DCS structures revolves […]
MAS Proposes Changes to AML/CFT Requirements for Licensed Money-Changers and Remittance Businesses
Reading Time: 3 minutesOn 16 January 2018, the Monetary Authority of Singapore (“MAS“) issued a consultation paper inviting comments on its proposal to amend anti-money laundering and countering the financing of terrorism (“AML/CFT“) requirements imposed on licensed money-changers and remittance businesses. MAS intends to implement these measures by issuing a new notice that would prohibit issuance of bearer […]
What’s next after the end of a startup? (Case study – Living the Link Pte Ltd)
Reading Time: 6 minutesStartups, they are all the rage these days. In a report by the Startup Genome, Singapore was ranked as the world’s no. 1 location for startup talent, ahead of Silicon Valley. Startups are poised to be the future of the world economy. Monies are loaned, and credits are extended on the promise of a brighter […]
My product has a copycat. What should I do?
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. It has been said that imitation is the sincerest form of flattery. However, product owners probably wouldn’t agree. Having your competitor copy your product can lead to a range […]