“I got fired without any reasons!” – Guarding against wrongful dismissal claims by employees March 2, 2021 Singapore: Following amendments to the Employment Act in 1 April 2019, all employees, regardless of salary (and even C-level employees), now receive protection against wrongful dismissal by the employer. But what exactly constitutes wrongful dismissal? What if an employee is simply not a good fit?
2021 Budget tax developments February 23, 2021 Singapore: As Singapore continues the fight against COVID-19, Deputy Prime Minister and Finance Minister Heng Swee Keat delivered the 2021 Budget Statement in Parliament on 16 February 2021, building on measures implemented in the 2020 Budget and reaffirming Singapore’s expansionary fiscal policy in tackling the widespread impact of the pandemic. In this article, we comment on the key tax changes introduced in this Budget and also take the opportunity to highlight notable tax developments that have taken place over the previous year.
Whose money is it? A look at garnishee proceedings and joint-bank accounts in Timing Ltd v Tay Toh Hin and anor [2021] SGHC 5 February 18, 2021 Singapore: Garnishee proceedings are one of the options available to a judgment creditor to enforce a judgment debt. These proceedings are typically used to obtain monies in a judgment debtor’s bank account - but what happens when the bank account in question is in the joint names of the judgment debtor and a third party? How do the Courts deal with such a situation?
Who can decide to put a company into a creditors’ voluntary liquidation: the members, the creditors and/or someone else? A case comment on Superpark Oy v Super Park Asia Group Pte Ltd and ors [2021] SGCA 8 February 18, 2021 Singapore: The Court of Appeal (SGCA) had the opportunity to examine an insolvency mechanism that, while long-standing, has in recent years been seeing increased utilisation – creditors’ voluntary winding up of companies, or CVLs as we in the insolvency space fondly call it. In doing so, the SGCA provided pertinent guidance on the law relating to the commencement of a CVL. We take a look at Superpark Oy v Super Park Asia Pte Ltd and ors [2021] SGCA 8 (Superpark).
Starboard: Alternative Procedure for Ship Arrests – A Welcome Change February 16, 2021 Singapore: Since the onset of the COVID-19 pandemic, there have been serious concerns about the risks of transmission to those required to board the ship for the purposes of ship arrests.
4 things you need to know about the amended Electronic Transactions Act February 3, 2021 Singapore: On 4 January 2021, the Electronic Transactions (Amendment) Bill (Bill No.1/2021) (Bill) was read in Parliament for the first time and subsequently passed on 1 February 2021. The Bill seeks to make changes to the Electronic Transactions Act (ETA) (Chapter 88 of the 2011 Revised Edition).
Starboard: Collision and change of ownership: Who is the defendant in an action in rem? February 1, 2021 Singapore: A collision occurs between two ships, A and B. The owner of ship A wishes to make a claim against the owner of ship B and to attach ship B as security for the claim. It can make its claim in Singapore under legal proceedings known as an action in rem and, within the action in rem, apply to arrest or attach ship B as security for its claim.
Facing gridlock in Vietnam – the feed-in tariffs regime for Vietnam’s wind and solar renewables January 29, 2021 Vietnam: What lies ahead for renewable energy investors in Vietnam? This article explores the use of feed-in tariffs in Vietnam to encourage the development of wind and solar renewables, including possible extensions to the latest feed-in tariff policies, even as the country transitions into more competitive market mechanisms like renewables auction schemes.
Substance, Structures, Service and Singapore January 28, 2021 Singapore: Senior Partner Edmund Leow, SC was recently interviewed by Hubbis, a leading provider of content for Asia’s wealth management industry, for a feature article “Dentons’ Senior Partner Edmund Leow on Substance, Structures, Service and Singapore”. In the article, Edmund spoke on the increasing dynamism of wealth structuring and estate and succession planning in Singapore.
The perils and promise of a voluntary notification regime: Learning points from the Uber-Grab transaction January 27, 2021 Singapore: This article highlights key points from the Competition Appeal Board’s decision relating to the Uber-Grab transaction and the ramifications of an un-notified anti-competitive mergers in light of Singapore’s voluntary merger control regime and the Competition Consumer Commission of Singapore’s wide discretionary powers.