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Singapore High Court upholds non-compete clause in employment contract of former broker

Singapore - March 30 2015 On 5 February 2015, the Singapore High Court upheld a non-compete clause in the employment contract between a leading inter-dealer broker, GFI…

English Court of Appeal considers duty of contracting parties to cooperate in good faith and implied terms in relation to exercise of contractual discretion

United Kingdom - November 27 2013 In Mid-Essex Hospital Services NHS Trust v Compass Group UK, the English Court of Appeal considered whether to imply a term such that a party’s…

Kenneth Lim.

UK Supreme Court clarifies circumstances in which the corporate veil may be pierced

United Kingdom - July 31 2013 The UK Supreme Court in Petrodel v Prest considered whether it was appropriate to pierce the corporate veil in relation to the division of assets in…

Ramesh Selvaraj.

Singapore Court of Appeal holds contract to supply ready-mixed concrete discharged by frustration

Singapore - June 27 2014 In the case of Alliance Concrete Singapore Pte Ltd v Sato Kogyo (S) Pte Ltd, the Singapore Court of Appeal discussed the doctrine of frustration in…

Kenneth Lim.

Singapore High Court refuses section 216A application on basis of applicant’s lack of good faith

Singapore - July 30 2015 In Petroships Investment Pte Ltd v Wealthplus Pte Ltd & Ors, the plaintiff sought leave of court to commence a derivative action under section 216A…

Ramesh Selvaraj.