Recent News


New developments on Singapore’s stringent stance towards errant directors 

30.07.2018 | Compliance, Corporate governance

Companies incorporated in Singapore are required to hold Annual General Meetings of their shareholders, and to file the company’s annual returns with the Accounting and Corporate Regulatory Authority of Singapore (“ACRA”). Though this is neither a new nor novel statutory requirement, companies persist in failing to comply.

To read rest of article, please click here .


Value-Based Billing  (Alternative Fee Arrangements)

24.07.2018

Nick Lum, partner in our Singapore office recently shared his thoughts to the Singapore Law Society on value-based billing (alternative fee arrangements).

There is currently little data about the prevalence and use of value-based billing in Singapore, and the Singapore Law Society recently conducted interviews with practitioners who have experience with it.

To read this article which appeared in the July edition of their  ‘Law Gazette’ , please click here .


Singapore High Court apportions liability in two related collisions

12.06.2018 | Shipping

Singapore High Court apportions liability in two related collisions: the Court finds both vessels equally to blame and apportions liability 50:50.

To read rest of article, please click here .


2018 GRR Award For Most Significant Insolvency-related Litigation

06.06.2018

For the first time in 2018, Global Restructuring Review will be presenting an award for the “Most Significant Insolvency-related Litigation“. We are proud to share that a recent Singapore Court of Appeal case that our lawyers Ms Felicia Tan, Mr Justin Seet and Ms Samantha Kong worked on (Diablo Fortune Inc v Duncan, Cameron Lindsay and another [2018] SGCA 26) have been nominated for this award.

Although the Court ultimately decided against the appeal, this case has set the wheels in motion for legislative changes as the Court recognised that their decision stemmed primarily from the existing black letter of the Singapore statute but others like Hong Kong have legislated a carve-out which our Parliament could (and/or should) consider. Results of the award will be announced 26 June 2018.

For more information on the GRR awards, click here

To read our previous articles on this case:

2 Aug 2017 news on Singapore law update whether lien over sub-freight or sub-hire is a registrable charge

8 March 2018 news on Singapore court of appeal to issue written grounds on the critical question

24 May 2018 – Highest court of Singapore confirms that typical lien clause over subfreight/sub-hire must be registered

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