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Silkroad Nickel slapped with writ of summons over reverse takeover fees

Silkroad Nickel slapped with writ of summons over reverse takeover fees

The four plaintiffs are seeking, among others, for Far East Mining to transfer "a certain amount of the shares" that it holds in Silkroad Nickel as consideration for "introducer fees" in connection with the reverse takeover.

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Noble may seek court-appointed administration in Britain after Singapore authorities block relisting: board reiterates

Noble may seek court-appointed administration in Britain after Singapore authorities block relisting: board reiterates

MAS and SGX barred the relisting of New Noble just two weeks after the Singapore police, the MAS and the Acra jointly announced that they were looking into suspected offences by Noble and a key subsidiary.

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Supreme Court Case Summary: Lim Sze Eng v Lin Choo Mee [2018] SGCA 84

CA dismisses appeal by the appellant against HC decision to award the respondent damages for the appellant’s breach of various terms under a settlement agreement.

Lim Sze Eng v Lin Choo Mee [2018] SGCA 84

Contract — Contractual terms
KLW receives $1m due in legal claim, but with postdated cheque

KLW receives $1m due in legal claim, but with postdated cheque

This is the first of three payments under a legal settlement proposal with Michael Chan Ewe Teik.

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Proposed amendments to the voluntary delisting regime

The amendments are aimed at aligning the interests of the offeror and shareholders, in particular minority shareholders, as much as possible.

SGX warns firms against misconduct in share buybacks

SGX warns firms against misconduct in share buybacks

While a share buyback "serves as a useful capital management tool", using one to carry out any form of market misconduct such as insider trading or creating a false market is illegal: SGX CEO Tan Boon Gin

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SGX to hold mainboard IPO managers to higher standards

SGX to hold mainboard IPO managers to higher standards

It wants issue managers to be independent of listing applicants.

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China calling - and Singapore lawyers heed with ni hao!

China calling - and Singapore lawyers heed with ni hao!

Being on the same page with language helps build rapport, say lawyers.

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Supreme Court Case Summary: Turf Club Auto Emporium Pte Ltd and others v Yeo Boong Hua and others and another appeal [2018] SGCA 79

CA awards damages of $1.3m and costs of $315k to respondents for appellants’ breaches of consent order intended to settle dispute on Turf City joint venture.

First Singapore trial involving bitcoin starts

First Singapore trial involving bitcoin starts

Court expected to rule if number of trades in April last year were wrongfully reversed.

The Past becoming the Present: Incorporating Terms by a Course of Dealing – Vinmar Overseas (Singapore) v PTT International Trading Pte Ltd [2018] SGCA 65

Apart from boldly restating the law on exclusive jurisdiction clauses, the CA also sought to state the law on contractual incorporation by a course of dealing.

Bill passed to tax overseas services like Netflix from 2020

Bill passed to tax overseas services like Netflix from 2020

Will the upcoming "Netflix tax" disadvantage lower-income groups and widen the digital divide by pricing them out of digital experiences, such as online learning and entertainment?

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TWG Tea and founder tussle over domain name

TWG Tea and founder tussle over domain name

The case, which opened in the High Court yesterday, is the latest legal tussle involving Mr Murjani and TWG Tea.

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