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?
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 […]
Why You Need A Civil Litigation Lawyer In Singapore
Before we get into the direct answer whether or not you need a Civil Litigation Lawyer, let us explain the term what does civil litigation means here in Singapore. What Is Civil Litigation?