One stressful and challenging experience for businesses or individuals is collecting debt. That’s because you need to ensure you collect debts professionally and carefully, which will avoid instances of severing relationships with the debtor. In this informative post, we’ll look at ways a law firm can help you in collecting debts. When it comes to…
A Quick Guide To Engaging A Reliable Lawyer In Singapore
If you have never engaged a lawyer in Singapore, you will be faced with a myriad of choices and you may face great difficulty in making a decision. This is especially if you are based overseas or have never met a Singapore lawyer before. Should you go to the large law firms, a boutique litigation law…
Commercial Debt Collection And Recovery In Singapore Explained
The avoidance of a legal obligation to pay for a good or service occurs frequently in the marketplace. If your company has sold goods or provided services but have not been paid, you are not alone. Unfortunately, in the current global economic climate, this situation of customers not paying up is becoming more and more…
Shareholders’ Disputes in Singapore
Shareholders’ Disputes commonly occur in Singapore companies. One of the main reasons is because the shareholders have disagreed on how the business should be managed. Such disagreements and differences manifest themselves in various forms: The first thing you should do is to consult us so you know what rights you have and what options there…
Employee Share Option Schemes in Singapore(ESOS): How do they work?
An employee share option scheme, employee stock option scheme, or employee stock option plan (ESOS or ESOP) of a Singapore company is a means of offering key employees or consultants the opportunity to acquire shares in the company. Advantages of an Employee Share Option Scheme (ESOS) or Employee Stock Option Plan (ESOP) for Singapore companies…
Defamation in Singapore: A Quick Overview
Defamation is a statement that injures a third party’s reputation. The tort of defamation includes both libel (written statements) and slander (spoken statements). The term “libel” is derived from the latin word “libellus” which means “small book or booklet”. How to Successfully Sue a Defamation Lawsuit in Singapore To win a defamation case, a plaintiff must show four things: Proof of Damages…
Letter of Demand Singapore – A Quick Guide & Explanation
What is a Letter of Demand? A letter of demand is a letter from a Singapore law firm setting out certain requests, usually for payment, from the law firm’s client to the recipient of the letter of demand. The letter of demand usually stipulates a time frame for the recipient to comply with the terms of the…
3 Ways To Legally Avoid Co-founder Conflicts
At the start, things seem rosy. A few people come together with a brilliant idea to start a business that will change the world or, at the very least, disrupt an industry. The plan was to introduce something groundbreaking, hopefully, make a fortune, and then ride off into the sunset. But the reality is that…
Mediation in Singapore
Mediation is a dispute resolution process whereby parties and their lawyers involve a neutral third party to act as a mediator to attempt to help parties reach a mutually acceptable solution. The mediator listens to both parties’ points of view, and attempts to build the parties’ trust in understanding the situation. The mediator then tries…
Franchising and Franchise Agreements in Singapore
What is a Franchise? Franchising is simply a method for successful business owners to expand their business and/or to sell and distribute goods and services through a licensing relationship. In franchising, franchisors (a person or company that grants the license to a third party for the conducting of a business under their marks) not only…