Key legislative and regulatory developments in 2012 *

Singapore - January 30 2013
This Update provides a brief summary of the key statutory and regulatory developments in 2012. Three Amendment Acts were passed in 2012 and came into…

Co-authors: Kim Huat Chia.

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Indonesian Constitutional Court declares BP Migas unconstitutional *

Singapore - November 19 2012
In a controversial decision (the "Decision") handed down on 13 November 2012, the Indonesian Constitutional Court (the "Court") reinforced its reputation for judicial activism in the economic sphere by declaring the upstream oil and gas regulator BP Migas unconstitutional.

Co-authors: Paul Ng, Sey Ming Ng.

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Clause restraining provision of accounting services for three years upheld to be valid *

Australia, Singapore - August 17 2012
Firms in the business of providing professional services develop goodwill with their clients through their employees.

Co-authors: Abdul Jabbar Bin Karam Din.

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Sinclair v. Versailles: the English Court of Appeal revisits beneficial ownership of bribery moneys in a fiduciary relationship *

Singapore, United Kingdom - January 9 2012
This Update concerns the issue of whether a principal holds beneficial ownership over a bribe received by a fiduciary.

Co-authors: Mohammed Reza.

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Forfeiture clause in incentive award plan did not constitute restraint in trade *

Singapore - November 23 2011
It is common today for employers to incorporate an incentive plan into their employment contracts, or have a separate agreement with the employee that stipulates the terms and conditions of payments of bonuses.

Co-authors: Abdul Jabbar Bin Karam Din.

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