The Scope of Singapore’s Cross-Border Insolvency Law: The Ascentra case In Ascentra Holdings, Inc (in official liquidation) and Ord v SPGK Pte Ltd [2023] 2 SLR 421, Singapore’s Court of Appeal (‘CA’) clarified the scope of Singapore’s cross-border insolvency law. It held that Singapore’s adapted version of UNCITRAL’s Model Law […]
In a recent important decision on IAA VEHICLE SERVICES LIMITED – v – HBC LIMITED, the high court has granted specific performance of tenant’s options to buy the freehold of the property. The tenant held three leases, which were protected by the Landlord and Tenant Act 1954, gave notice to […]
Rent reviews are an inevitable consequence of letting a commercial property. When handled appropriately, it can be beneficial for both parties. An expert assisting with the process reduces the likelihood of any disputes and is a more cost-effective option than hiring a professional arbitrator or taking the matter to court. […]
Buying property in India – RERA Act Over the past 20 years, India has seen exponential growth in the housing sector, especially in the urban to semi-urban areas. Scores of new developments have been built across the country with creation of new cities and townships. The housing ranges from apartments […]
Restrictive Covenants: How they impact Homeowners and how to challenge them WHAT IS A RESTRICTIVE COVENANT? A restrictive covenant appears on your property deed or may be highlighted in your sale and purchase contract as binding and enforceable conditions listing impermissible activities in relation to your property. This could significantly […]
We are often instructed in relation to disputes between homeowners and builders/building contractors. The homeowners usually complain that the job done by the builder is not satisfactory. While, on the other hand the builders often complain about not receiving payments from the homeowners on time, which leads to unnecessary delays […]
In previous articles we discussed what parties need to consider when drafting terms and conditions in business contracts for the sale of goods. Those articles can be seen here and here. In this article, we discuss exemption clauses parties might wish to include in such contracts. Exemption clauses represent ways […]
What can a seller do in the drafting of a Sale of Goods contract to avoid or mitigate the issue when its goods remain unpaid? In our previous article (Clauses in Commercial Contracts), we set out certain key elements to consider in drafting a contract for the sale of goods […]
Summary judgment granted in favour of landlord seeking to recover commercial rent during the COVID-19 pandemic On 16 April 2021, the judgement in the case of Commerz Real Investmentgesellschaft mbh v TFS Stores Limited [2021] EWHC 863 (Ch) was delivered by Chief Master Marsh in respect of a landlord’s ability […]
