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WongPartnership LLP

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A court must examine the entire factual matrix of the case to determine if the facts show that the beneficiary of an on-demand performance bond had acted unconscionably and without good faith when making a call on the demand, and if it had, the court woul

Singapore - May 31 2012 The Court of Appeal recently considered when it would be unconscionable for a beneficiary of an on-demand performance bond to make a call on the bond

Employers must clearly address reasons for termination in a letter of dismissal

Singapore - October 27 2015 In Piattchanine, Iouri v Phosagro Asia Pte Ltd 2015 SGHC 259, the High Court had to determine whether an employer who had terminated an employee's

Chang Benety & ors v Tang Kin Fei & ors 2011 SGCA 59 (Singapore, Court of Appeal, 4 November 2011)

Singapore - December 21 2011 This case concerned an appeal against the decision of the trial judge to validate certain directors' resolutions purported to have been passed by the board of directors of PPL Shipyard Pte Ltd ("Company"

Grupo Hotelero Urvasco SA v Carey Value Added SL & Anor 2013 EWHC 1039 (Comm) (England, High Court, 26 April 2013)

United Kingdom - July 12 2013 In assessing whether there had been a material adverse change in a company's financial condition, the starting point would be to look at its

Forrest v Australian Securities and Investments Commission 2012 HCA 39 (Australia, High Court, 2 October 2012)

Australia - April 4 2013 The company in question was Fortescue Metals Group Ltd ("Fortescue). In 2004, Fortescue entered into agreements ("Agreements") with three Chinese

Singapore High Court affirms that a party may obtain restraint orders ahead of any application for the calling of a creditors’ meeting for the purposes of putting a company under a scheme of arrangement

Singapore - January 8 2016 In Re Conchubar Aromatics Ltd 2015 SGHC 322, the Singapore High Court allowed the application by the three applicant companies (who were

SGX listing manual update: minimum trading price

Singapore - December 14 2015 On 2 March 2015, the SGX imposed a new requirement for all issuers listed on the SGX Mainboard (including REITs and Business Trusts) to meet a minimum

Executive Summary - 23 November 2015

Singapore - November 24 2015 The 2nd plaintiff incorporated the 1st plaintiff company, which bought and sold electrical equipment, whilst in partnership with the 2nd defendant

China further eases controls over foreign investment in several industries

China - November 18 2015 On 6 November 2015, the Ministry of Commerce ("MofCom") of the People's Republic of China ("PRC") and the State Administration of Foreign Exchange

Executive Summary

Singapore - November 6 2015 The Defendant served 2 payment claims on the Plaintiff for work done up to end of November 2014 in the month of December 2014. It was common ground