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: 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: 5 minutesIn Part 2 of this summary of “The Rule of Law” by Tom Bingham, we will look at the remaining 4 out of 8 of his 8 principles that explore the rule of law more thoroughly. If you haven’t already, read Part 1 here. Fifth, the law must afford adequate protection of fundamental human rights. […]
Reading Time: 5 minutesIn this summary of “The Rule of Law” by Tom Bingham, we will look at 4 out of 8 of his 8 principles that explore the rule of law more thoroughly and break down the general concept of it. First, the law must be accessible and so far as possible intelligible, clear and predictable. This […]
Reading Time: 2 minutesInternational law firm Withers has further strengthened its Withers tech Asia and Singapore corporate practice with the promotion of technology and venture capital specialist Joel Shen to Partner in Singapore amidst growing momentum in fintech and venture capital investments across Southeast Asia. Joel specialises in advising technology companies, funds and private investors from set-up, funding, […]
Reading Time: 2 minutesOn Monday (1 February 2021), the Electronic Transactions (Amendment) Bill was tabled for a second reading in Parliament. The Bill aims to amend the Electronic Transactions Act to be more aligned to the UNCITRAL Model Law on Electronic Transferable Records adopted by the United Nations Commission on International Trade Law (UNCITRAL) on 13 July 2017. […]
Reading Time: 4 minutesThis article was written by Shriveena Naidu and Philippa Hewitt from Withers KhattarWong. The cornerstone of family law in Singapore is that the welfare of the child is paramount. This was reiterated in the recent decision of Re B [2020] SGFC 46 (“Re B“). In Re B, the Family Court in Singapore made the surprising […]
Reading Time: 5 minutesThis article is co-written by Ms. Danna Er and Ms. Nur Liyana Kamaludin. I. Introduction In Far East Square Pte Ltd v Yau Lee Construction (Singapore) Pte Ltd [2019] SGCA 36 (“Far East Square”), the Court of Appeal held that a payment claim submitted after the issuance of the architect’s Final Certificate would be invalid regardless […]
Reading Time: 5 minutesCyber fraud and the hacking of email accounts is an increasingly common occurrence nowadays. The shipping and international trade industries, where large sums of money are regularly remitted, has become an increasingly attractive target for cyber fraudsters. The question that arises where there is cyber fraud and monies are intercepted while in transit between payor […]
Reading Time: 4 minutesThe UK Supreme Court (“UKSC”) in Singularis Holdings Ltd (In Official Liquidation) v Daiwa Capital Markets Europe Ltd [2019] UKSC 50, recently upheld the decisions of the Court of Appeal (“CA”) and High Court (“HC”) in finding that a bank had breached its Quincecare duty of care owed to a company who was the bank’s […]
Reading Time: 2 minutesTRUSTS SERVICE FEES FOR THE REGISTRATION OF TRUSTS, Prakas № 854 of the Ministry of Economy and Finance (“MEF”), 30 September 2019. The purpose of this Prakas is to determine the level of fees for the registration of trusts in Cambodia. The registration and renewal fees include administrative and annual certification fees, the respective amounts […]
Reading Time: 10 minutesDFDL’s Employment Practice Group is dedicated to advising clients on employment and labor issues and preparing human resources documentation that is compliant with local laws. Our employment team’s in-depth knowledge of the law and practices in the countries where we operate allows us to provide specialized, tailored, and practical advice on issues that arise in […]
