Author: Seng Siew Lim
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Risk of Using Generative AI in Legal Practice
I used Gen AI to help me research Singapore contract cases. This is what it gave me.
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The Material Adverse Change (or MAC) Clause
Material Adverse Change (MAC) clauses in contracts allow parties to terminate deals due to significant adverse changes. Their complexity often requires careful negotiation to define materiality, ensuring clarity for all involved.
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Term Sheets, Memoranda of Understanding and Letters of Intent – Same Same or Different?
In deal negotiations, a ‘non-binding’ document known as a term sheet, MOU, or LOI outlines key parameters. While terms may vary, their purpose is similar.
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Online Safety in Singapore – The Recent Online Safety (Miscellaneous Amendments) Bill
Singapore, like many countries around the world, is on a trend to regulate online content to enhance the online safety of users. UK has its own Online Safety Bill as does Ireland’s Online Safety and Media Regulation Bill and the EU’s Digital Services Act. Singapore’s Online Safety (Miscellaneous Amendments) Bill was passed in Parliament on…
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Singapore Laws on the Internet (Updated 2023)
Updated listing of available legal resources on Singapore law on the Internet.
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Cyber-hygiene and Phishing Part 4: Other Steps to Take to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what other steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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Cyber-hygiene and Phishing Part 3: Simple Steps to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what are the simple steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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Sixty Percent Additional Buyer’s Stamp Duty on Foreigners Buying Singapore Residential Property
In the third round of cooling measures since December 2021, Singapore announced the steepest rise in stamp duty for foreign buyers just before mid-night on 26 April 2023. Minister for National Development, Mr Desmond Lee said that these are pre-emptive measures to dampen demand for residential properties so that Singaporeans who are buying their property to…
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The Life-Cycle of a Start-Up: From Cradle to Grave (Part 3)
What do the terms acquisitions, mergers, takeovers, joint ventures, MBOs or acqui-hire mean? Some terms for founders of a start-up to know about.
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Cyber-hygiene and Phishing Part 2: Planning Ahead for an Attack
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what to do if you are a victim of a data breach or hack.
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AI Chat Bots About AI Chat Blogs
In the news and social media are ChatGPT by OpenAI and Bard by Google. How far is their potential? Is the Ai revolution the next phase in human economic development?
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Ringlighting Legal Issues a Social Media Influencer Should be Concerned With
Social media is popular, all encouraging the listener or viewer, to adopt a particular behaviour or view, even promote a political or social agenda. There is an undue concern by regulators with social media. Some regulations have the force of law while others set out norms of behaviour. OTP Law examines the situation in Singapore.