The legal lessons from Elon Musk’s turnaround in buying Twitter:
Musk signed the merger agreement before his advisors conducted due diligence.
Continue reading “Legal lessons from Elon Musk’s turnaround in buying Twitter”
Law. Faith. Justice. Community. Culture.
The legal lessons from Elon Musk’s turnaround in buying Twitter:
Musk signed the merger agreement before his advisors conducted due diligence.
Continue reading “Legal lessons from Elon Musk’s turnaround in buying Twitter”
Wang Aifeng v Sunmax Global Capital Fund 1 Pte Ltd [2022] SGHC 271
The Court (per Goh Yihan JC) in this decision considered the principles for granting permission to continue or commence legal action against a bankrupt individual under s 327(1)(c)(ii), IRDA.
As a lawyer, I’ve worked with clients from startup founders to CEOs and Board Directors of listed companies. I get questions from time to time about their legal problems and shortfalls in their legal documentation. Just like it’s prudent to have annual medical check-ups on our health, businesses would do well to have regular legal health diagnostics.
This article explains the general legal issues and legal documents, contracts, and agreements which a business can expect to encounter through its lifecycle from founding to seed, from maturity to liquidation.
Interesting case: Kallivalap Praveen Nair v Glaxosmithkline Consumer Healthcare Pte Ltd [2022] SGHC 261
Ex-employee claimed that employer GSK breached its employment contract by failing to follow its own employment policies.
Significance: in Adip Mittal v Offshore Holding Company Pte Ltd [2022] SGHC 239, the General Division of the Singapore High Court (coram Goh Yihan JC) considered, in the first reported decision on this issue, the legal principles applicable to s 124(1)(b) of the Insolvency, Restructuring and Dissolution Act 2018 (IRDA), which allows directors to wind up companies. Prior to the IRDA, directors had no legal standing to wind up companies.
Continue reading “Directors winding up companies under Singapore’s IRDA”
Significance: the General Division of the Singapore High Court in JSD Corp Pte Ltd v Tri-Line Express Pte Ltd [2022] SGHC 227 (coram: Goh Yihan JC) clarified that a claimant’s intention to repair will be a very significant factor in the court’s assessment on whether to grant cost of cure damages in claims of breach of contract or negligent damage to property.
Continue reading “SGHC on intention to repair in cost of cure damages claims”
Powercom Yuraku Pte Ltd v Sunpower Semiconductor Ltd [2022] SGHC 211
Significance: This is the first time the Singapore court explained the legal basis on which: (a) a judgment granted in default of defence can be set aside in part; and (b) declarations can be made in default of defence or on admission or by consent. Goh Yihan JC explains in this judgment.
DAO web3.0 blockchain-based (Decentralised / Digital Autonomous Organisations) legal structures and considerations under Singapore law
Maybank Singapore Limited v Personal representatives of the estate of Khoo Gek Hwa Christina, deceased [2022] SGHCR 7
Significance: The Assistant Registrar set out practical guidance on the procedure for starting a suit against a deceased’s estate at [98]: