When founders decide to develop their ideas and turn them into a commercial venture, the first step would be to incorporate a new company. The incorporation of a new company (the “startup”) creates a separate entity from the founders. This enables the company to own property, such as intellectual property rights which would arguably be…
Thinking Like A Venture Capitalist
“If your business had no risk, you could go get a bank loan and call it a day. VCs like risks – without them, venture capital wouldn’t exist. But they need to be risks that VCs are good at assessing and managing.” – Jose Ferreira, American businessman and entrepreneur. Understanding how VCs do business and…
Restrictive Covenants In Employment Contracts
“Restrictive covenants” are common clauses found in an employment contract where the employee (also known as the “Covenantor”) agrees with the company (the “Covenantee”) to restrict some of the Covenantor’s rights upon the termination of the employment relationship. Restrictive Covenants could also be part of the agreed terms in a Termination Agreement. All restrictive covenants…
Employment Contracts In Singapore – A Complete Guide
A contract of service is an agreement that’s typically created by a law firm in Singapore. that’s entered into between an individual and a company in which the individual agrees to work for the company as an employee and the company agrees to hire the individual as an employee. The employment contract regulates the relationship between…
Enforcing Court Orders & Judgments In Singapore: A Quick Guide
What is a Court Order and What is a Court Judgment? A court order is usually the result of a motion brought before the court. A judgment is made at the end of a court case. It sets out the rights and obligations of parties and it resolves legal disputes. When is Enforcement of a…
Writ Of Summons Singapore – A Complete Guide
Introduction To The Writ Of Summons The writ of summons is a significant legal document in Singapore civil proceedings. It is also known as an originating summons. Its function is to commence such proceedings by informing the defendant that the plaintiff has initiated legal action against them. The parties to a civil matter are usually…
Civil Litigation Lawyer In Singapore – Read This Before Going To Court
What Is Civil Litigation? Civil Litigation refers to the process of taking legal action against another party to pursue a claim. Generally, what defines a matter as civil litigation is the fact that the State is not a party involved in proceedings. To start civil litigation proceedings in Singapore, a plaintiff can commence an action…
Various Courts in the Singapore Legal System
Various Courts in the Singapore Legal System The Singapore Court system consists of several courts to handle cases of varying scope and gravity. This article will provide a short summary of these different courts. Cases that involve a value of claim above S$250,000 are handled by the High Court. In criminal cases, the High Court…
Tips On Choosing A Civil Litigation Lawyer In Singapore
There are many civil litigation lawyers in Singapore. Finding any civil litigation lawyer is not difficult. However, finding a good civil litigation lawyer which can deliver results at a reasonable price (and with the least stress) is extremely difficult. Good Civil Litigation Lawyer Let us consider the key attributes of a good civil litigation lawyer: Not-so-Good…
Top Litigation Lawyers In Singapore
Top Litigation Lawyers in Singapore Where can you find the top litigation lawyers in Singapore? While it is true that Senior Counsel are experienced litigation lawyers, and that they are one of the best litigation lawyers, one must note that they are fairly expensive, with rates of S$1,000 upwards per hour. Senior Counsels also need to…