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SMU Lexicon: What if you didn’t write it down? Verbal promises in business...
Reading Time: 6 minutesI. Introduction Business negotiations can be lengthy. In the course of negotiations, parties might make a verbal promise to do or not do something. There might also...
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SMU Lexicon: What You Should Know Before You Sign That Letter of Guarantee
Reading Time: 6 minutesIntroduction You may have been asked to sign a letter of guarantee before. Simply put, a letter of guarantee is a promise to pay another person’s debt if he or she is unable to...
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What Kind Of Businesses Can I Legally Run From My Home Address?
Reading Time: 3 minutesAccording to Lianhe Wanbao and Mothership, a 75-year-old woman was arrested on February 4 for operating a mahjong parlour in her HDB flat. 10 other women aged between 22 and 88...
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M&A Transactions: Noteworthy Points When The Legal Framework Changes
Reading Time: 6 minutesGV Lawyers would like to introduce the legal article of Mr. Tran Thanh Tung, a Partner of GV Lawyers titled “M&A transactions: Noteworthy points when the legal framework...
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Know Your Lawyer: Joshua Tan, Partner at Aquinas Law Alliance, Believes That...
Reading Time: 6 minutesLaw is a business. This is one of the first things Joshua shares with me, just three minutes into our interview. Two or three decades earlier, this matter-of-fact utterance...
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SMU Lexicon: Surviving Flow-down Liability for Liquidated Damages: A Guide...
Reading Time: 7 minutesIntroduction The construction sector in Singapore was valued at S$33.4 billion in 2019.[1] This booming industry is expected to remain strong in 2020, due to the increasing...
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SMU Lexicon: Contractors’ Liability For Defects Caused By Supplier’s Negligence
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...
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Enforceability of Non-Standard Form Contracts
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...
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A Guide to Listing a SPAC on the SGX (Part 1)
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...
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A Guide to Listing a SPAC on the SGX (Part 2)
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...
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SMU Lexicon: Shareholders vs Mismanagement by Directors – The power of a...
Reading Time: 7 minutesIntroduction Let’s say you are a minority shareholder. The company is not doing well, and you believe the company’s directors have committed financial mismanagement, or maybe...
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SMU Lexicon: Reversing a Bankrupt’s Transfer
Reading Time: 8 minutesIntroduction Let’s say you are an investor. You enter a joint investment with a friend and lend him $100,000. Sadly, the joint venture fails, and to make matters worse, your...
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