corporate law

Handling your own corporate matters can and will make a bad situation worse.

As a lawyer handling an important situation, we will help you navigate the minefield of corporate law.

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FAQS

No, unless your template was drafted by a lawyer who understands your business needs & concerns. 

At Lions Chambers LLC, we believe in building relationships, do speak to us so that we can provide you with solutions.

 

Yes, we can. Negotiating with Creditors / Debtors is a subtle art. Essentially, it is about understanding where each party is coming from and what they are trying to achieve other than just simply the fact that monies are owed. 

At Lions Chambers LLC, we specialise in negotiations so that we can obtain an outcome that is favourable to you. Do speak to us so that we can help you evaluate your case and advise you.

No. Entering into a verbal agreement even with witnesses is a very dangerous situation.

In the event of a dispute, proving what was promised or discussed will be extremely difficult.

Do speak to us if you need advice on this matter, our first consultation is free.

Yes, we can. Speak to us first so that we may advise you. Our consultations are free.

Yes. If you have read this far why not speak to us? Our consultations are free.

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Our Articles

The answer to this question is, generally, yes you can. 3 statutes govern this issue, namely: • Reciprocal Enforcement of Commonwealth Judgments Act (Cap 264) (RECJA). • Reciprocal Enforcement of Foreign Judgments Act (Cap 265) (REFJA). • Choice of Court Agreements Act (Cap 39A) (CCAA) In cases which are not covered by the 3 statutes mentioned above, recourse may still be had to the common law. [...]
One of the necessary steps to be taken before trial is the process of “Discovery”, wherein each party is required to prepare, list down, file and exchange the “evidences” that each party is intending to rely on in the trial. [...]
Being sued is an emotional rollercoaster. There are many reasons as to why someone might have commenced legal proceedings against you. At Lions Chambers LLC, our lawyers understand the emotional turmoil that you are experiencing, and with our wealth of experience, we can assist you. [...]
This article will lay out how tenants should protect themselves so as to safeguard themselves and their security deposits when handing over the premises. [...]
Normally, other than waiting for the expiry of the term or tenure of the tenancy, you may evict a tenant for significant breaches of the tenancy agreement. Examples of such breaches include [...]
In these uncertain times dominated by the effects of a global pandemic, it may be a wise idea to hunker down and re-invest in your business, spend some money to prepare for opportunities post-Covid-19, or apply for some government grants to give your business some breathing space. [...]
The Internal Revenue Authority of Singapore (IRAS) is, in a nutshell, Singapore’s taxman. Although the easy assumption to make is that all your company has to do is pay its taxes, there are several finer points for your company to comply with. The Accounting and Corporate Regulatory Authority (ACRA) also stipulates certain requirements you should be mindful of when running your company. [...]
A joint venture is a commercial agreement between two or more parties to enter into a formal and contractual relationship to form a company or undertake to perform and complete a project. [...]
In Singapore, a trademark is defined as a “sign” capable of pictorial representation that is used by a trader to establish a link between himself and specific products and services throughout the course of business. [...]
Shareholders are viewed as the real owners of a company. The Shareholder’s Agreement is a contract between the company and its shareholders that lays out their rights and responsibilities. [...]
The Fair Tenancy Pro Tem Committee released a Code of Conduct in March 2021 for all commercial lease agreements. This Code of Conduct shall apply to all commercial lease agreements which were signed off on or after 1 June 2021. [...]
The law treats someone who manages the affairs of a company on behalf of its shareholders as a director, whether they are called a director or not. [...]
Civil litigation is the type of Court proceeding which take place if the legal dispute relates to a person’s private rights and liabilities, which he seeks to protect and receive relief or compensation for by suing, or filing suit against someone else. Common civil claims include disputes over breaches of contracts, negligence, personal injury, fraud, misrepresentation, intellectual property infringements, etc. [...]
When you file a Writ of Possession, it basically means that you (Judgment Creditor) are requesting the courts to to seize and sell immovable property belonging to the losing party (Judgment Debtor) to pay the judgment debt. [...]
In the corporate world, it is quite common for whole contracts to be transferred to other parties who were not originally parties to the contract. This routinely happens, for example, in major corporate settlements, intellectual property matters, mergers and acquisitions and the construction industry. [...]
Setting up a private limited company in Singapore is the preferred option for many entrepreneurs. As opposed to a sole proprietorship, a partnership or a company limited by guarantee, a private limited company generally has the following advantages [...]
If you are unsure whether the Judgment Debtor has any assets, or you would like to find out where and how his assets are held. Examination of Judgment Debtor proceedings would be advisable. Instead of taking out expensive proceedings. [...]
If the person or company you want to sue is a foreign, there may be some complications because of an area of law known as the ‘conflict of laws’. This area of the law concerns the following main issues: [...]
A Writ of Summons is a formal court document that begins civil legal proceedings (a lawsuit) against you. It is basically a document from someone with a claim against you, launching a lawsuit. If you want to defend yourself against this claim, the Writ of Summons requires you to appear in Court. [...]
Every now and then, we come across clients who’ve waited too long before approaching a lawyer to commence their civil claims against someone else. No matter how justified their claim is, and no matter how unjust it would be to deny them relief in the courts, their claims are barred by the law because they waited too long. [...]
We routinely and sometimes unthinkingly sign off on tenancy agreements, whether we are landlords or tenants. This may be a huge mistake, because some terms are very important, or may have so many repercussions if things go wrong. Do look out for the following 7 key terms in all tenancy agreements you sign off on. [...]
Getting a writ of summons and reading that someone wants to take you to court is definitely stressful. Whether you win or lose, going through a trial would not only affect you but your loved ones as well. So, what is the best next step in your situation? Here is some essential information to help you decide. [...]
The law dictates that when parties have already put the terms and conditions of the contract down in writing, they should be able to rely on and be protected by the written contract. Some verbal remark, often forgotten or given contradictory interpretations by parties, should not be allowed to detract from commercial certainty. Nevertheless, there are two main exceptions – when the term or promise was mistakenly left out of the contract and when the term or promise was intended to be part of the contract but was somehow left out of it. [...]
So, you’ve signed a contract, ready and willing to do all it takes to ensure that you perform your side of the bargain and receive what the other side promised. However, something crops up – the other side now claims that you’ve breached the contract. But you think you have an excuse. In many cases, even if you’ve technically breached the contract, the law affords you several defences which may allow you to avoid liability (partially or fully) for breaching the contract and reduce your exposure to damages. These defences will enable you to be released from certain conditions in the contract or the whole contract. [...]
The most common breach of tenancy agreements is the late or non-payment of rent. The tenancy agreement normally allows the Landlord to re-enter the premises and terminate the tenancy upon non-payment for a stipulated number of months/days. The agreement also typically allows the Landlord to forfeit the deposit. In addition to the above, the Landlord may sue the tenant in the civil courts of Singapore to claim his or her dues. This typically takes three forms. [...]
These claims are typically called remedies for breach of contract. There are 2 types of remedies – common law remedies and equitable remedies. • Common law remedies include damages and quantum meruit. • Equitable remedies include specific performance and injunctions. The main practical difference between these 2 types of remedies is that equitable remedies are at the discretion of the courts – even when you win the case in court, the court may decline to award equitable remedies, but it must always allow for common law damages to be claimed and awarded, because damages are available ‘as of right’. [...]
Have you lent a sum of money to a friend or relative through an IOU but have yet to receive the money back? Or have you provided a business service or goods to a client and they have yet to make the payment. You have asked and asked but all to no avail. What will you do next? This article will aim to help you out if you are ever in this situation. [...]
The whole purpose of incorporating a company is to create a new legal entity – if the company owes money or found liable for something, only the company’s assets may be tapped into to repay the debt or pay damages, not the directors’ assets. However, as shown below, some circumstances exist where you can make a company director personally liable for a company’s debts: [...]