SINGAPORE, 25 March 2023―Duane Morris & Selvam LLP advised on two of the India Business Law Journal’s Deals of the Year 2022: Life Insurance Corporation of India’s (LIC) initial public offering, which is the largest IPO ever in India, and DreamFolks Limited’s IPO. Continue reading “Duane Morris & Selvam Advises on Two of the India Business Law Journal’s Deals of the Year 2022”
解读新加坡更新版全球投资者计划（GIP）
新加坡的全球投资者计划（以下简称“GIP”）是由新加坡经济发展局（以下简称“EDB”）推出的一项永久居留权计划，旨在鼓励高净值个人和企业家在新加坡进行投资。该计划为有愿意投资大量资金的合格申请人提供了获得新加坡永久居留权的快速路径。
在EDB最近的一份公告中，该计划将在今年3月发生一些变化。此次调整是为了更好地筛选并吸引有能力为新加坡带来重大经济影响的投资者，同时使他们在新加坡扎根。希望高净值外国投资能更积极地参与到新加坡的经济活动中，共同推动当地的经济增长。
New and Enhanced Global Investor Programme in Singapore
The Global Investor Programme (“GIP”) is a permanent residency scheme that was launched by the Economic Development Board (“EDB”) in Singapore to encourage high-net-worth individuals and entrepreneurs to invest in the country. The scheme provides a fast track to permanent residency for eligible applicants who are willing to invest a significant amount of money.
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SGX RegCo Updates – Enhancements to Disclosures on Directors’ Remuneration and Cap on Independent Directors’ Tenure
On 11 January 2023, the Singapore Exchange Regulation (“SGX RegCo”) announced the requirement to disclose remuneration details of directors and chief executive officers (“CEOs”) and the imposition of a limit on the tenure of independent directors (“IDs”).
设立家族办公室的5大常见Q&A
近些年，家族办公室（Family Office，简称“家办”）这个概念逐渐兴起并受到大众的关注，申请家办的客户大增。根据新加坡联合早报2022年10月8日的报道，新加坡金融管理局待批的家族理财申请就多达600家，如果全部获批，引进新加坡的资金保守估计达120亿元。
那么家办究竟是怎样的一个机构，它有什么功能？家办应该设立在哪里？在新加坡设立家办有什么优势？就上述常见的问题，本所的合伙人于岚女士给出了专业的解答。 Continue reading “设立家族办公室的5大常见Q&A”
The Complex Commercial Litigation Law Review: Singapore
OVERVIEW
Contract law in Singapore is rooted in English common law. Following Singapore’s independence, Parliament chose not to codify the law on contract, although certain English statutes relating to specific areas of contract law were incorporated into Singapore law, including the Misrepresentation Act, Unfair Contract Terms Act, and the Sale of Goods Act. Accordingly, developments in the law of contract in Singapore have been led by the court.
Historically, decisions in the courts of England, Wales, Australia and other Commonwealth jurisdictions have been persuasive. Over the past two decades, Singapore courts have developed their own unique jurisprudence and may be considered as a global thought leader, particularly in the area of contract law.
Developments in contract law in Singapore mirror the nation-state’s business-friendly emphasis on freedom of contract, clarity and certainty of enforcement, particularly across borders.
In a further move to increase the sophistication of its jurisprudence and expand the scope for the export of Singapore law, Singapore has also established the Singapore International Commercial Court, which offers a panel of international judges, the possibility of foreign legal representation, and limits to the right of appeal to Singapore’s apex court.
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美第九巡回法院开启商标诉讼送达新途径——外国被告亦可通过USPTO完成送达
2022年8月，在美国洛杉矶的一家名为圣安东尼酒庄诉某嘉兴公司商标侵权纠纷一案的上诉中，美国联邦第九巡回法院推翻了原审法院的错误结论，裁定《兰哈姆法》（the “Lanham Act”）第1051(e)条的送达程序不仅适用于美国专利及商标局（下称“USPTO”）的行政程序，同样也适用于法院程序，即针对外国公司的商标诉讼可直接向USPTO完成送达。
按照《兰哈姆法》第1051(e)条的规定，居住在外国的商标申请人，可以指定一个居住在美国的人作为在影响该商标的程序中接受送达通知或程序的受送达人。如果该商标申请人拒绝指定某人或无法找到被指定人，可以通过向USPTO的局长向该商标申请人完成送达。
Selvam LLC Welcomes Director Jerald Foo to Firm’s Litigation and Dispute Resolution Group
Singapore, 14 November 2022―Jerald Foo has joined Selvam LLC as a Director in the firm’s Litigation and Dispute Resolution Group at its Singapore office. Jerald focuses his practice on commercial litigation, arbitration and mediation, having significant experience with complex commercial disputes both as a practitioner in a leading international law firm and as a former judicial officer.
The Appointment of Daniel Soo as the Head of Selvam LLC’s Restructuring and Insolvency Group
SINGAPORE, 14 October 2022 ― Selvam LLC is pleased to announce the appointment of Daniel Soo as the head of its Restructuring and Insolvency Group. Soo will continue as a partner in the firm’s Litigation and Dispute Resolution Group.
Crypto Fraud: An Overview of Recourse and Remedies in Singapore
The dark side of the rise of cryptocurrency and blockchain-enabled transactions is fraud of a new kind, global in scope and emboldened by a veil of anonymity. One need only look to the headlines to see the impact. From the theft of hundreds of thousands of Bitcoin in the infamous Mt. Gox hack, to the horror story of a 53-year-old Singaporean businesswoman who lost $1.2 million of her life savings in an investment-based crypto scam despite having taken steps to ascertain the authenticity of the counterparty. For a victim of crypto fraud, what redress, if any, can the laws of Singapore provide? We review recent developments and share our thoughts.
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