FORMERLY B RAO & K.S RAJAH ESTABLISHED IN 1987

Strategies For Commercial Litigation In Singapore

The law is an extensive domain that covers countless legal issues. One of the common areas is Commercial Litigation. Commercial litigation is a general term that encompasses and describes any kind of dispute that arises from business related matters.

The Difference Between Loan Agreement And A Settlement Agreement

An agreement basically means a negotiated and legally binding arrangement between parties for a course of action.

There are many forms of agreements such as Non-Disclosure Agreement, Settlement Agreement, Contract, Memorandum of Understanding, Loan Agreement or Grant just to name a few.

In this scenario, let us take a look at the differences between loan and settlement agreement.

When Can Someone Terminate A Contract?

Corporate Agreements

A contract is a legal document that binds at least two parties to one another and requires them to meet certain obligations detailed in that contract. In some instances, a contract may be terminated making it void from any legal binding. Often, the contract may be prematurely terminated by parties involved.

Generally, for an aggrieved person to have a right to terminate a contract, the offending party must have breached a term of the contract that is considered a condition as opposed to a warranty.

Legal Advice Can Save You Money And Your Business

A Cost Effective Way To Avoid Risks When Signing Business Contracts For Singapore businesses, engaging a lawyer is always a good idea especially if a matter involves a substantial amount of money or involves substantial risks. For example, if you are about to enter into a large contract it may cost you far less to engage a lawyer to draft/review […]