Category: Corporate & Commercial
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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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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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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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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.
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Cyber-hygiene and Phishing Part 1: Phishing & its Consequences
by Lim Seng Siew, Director OTP Law Corporation Introduction The most recent Singapore Cybersecurity Landscape Report 2021 lists phishing attempts as one of the more prevalent methods of cybersecurity attacks. What is phishing? What are the consequences if I have been wrongfully used to launch a phishing attack? And what can I do to avoid…
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The Life-Cycle of a Start-Up: From Cradle to Grave (Part 2)
Article by Lim Seng Siew. So you have incorporated your start-up. The founders’ equity has been sorted out. Funds have been raised from family and friends. What next? Employees An employment letter is actually a contract in letter form between the start-up and the employee. In fact Singapore’s Employment Act requires that key terms of the employment…
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The Life-Cycle of A Start-Up: From Cradle to Grave (Part 1)
Article by: Lim Seng Siew, Director of OTP Law Corporation The Start-up and the Lawyer The life journey of a start-up is fraught with much uncertainties. Where is the next round of funding coming from? How do I make sure that I am complying with the law when I employ my first employees? Is the…
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Legal Status of Cryptocurrencies
Article by Eric Lip, an associate of OTP Law Corporation. While the legal status of cryptocurrencies has always been hazy, it seems the fog around it will be cleared soon. The past year has seen a substantial growing body of case law amongst common law jurisdictions. One question that has plagued the community has been…
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Working from Home – 5 Doable Steps to Protecting Confidential Data
Article by Chloe Chua, an incoming trainee of OTP Law Corporation. Working from home is now part of a new normal in the midst of the COVID-19 pandemic. While we adjust to this change in environment, it is important that we consider how best to ensure the privacy of confidential work data. Section 24 of…
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