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Legal Bulletin June 2009

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Highlights:

MOM issues advisories for Influenza A (H1N1-2009)

MOF conducts public consultation on draft Income Tax (Amendment) Bill 2009: Implementing Budget 2009 changes

MOF conducts public consultation on draft Goods and Services Tax (Amendment) Bill 2009: Implementing Budget 2009 changes

ASEAN States launch ASEAN Patent Examination Co-operation (ASPEC) Programme with effect from 15 June 2009

Patent Prosecution Highway Pilot Programme between Intellectual Property Office of Singapore and Japan Patent Office

MOH issues response to feedback received on proposed amendments to Medical Registration Act

Singapore High Court examines principles in granting winding-up order of foreign company

Singapore Court of Appeal upholds hybrid form of international arbitration

Singapore Court of Appeal rules on propriety of purchaser’s direct payment of incentive monies to minority owners to secure consent to collective sale

Allen & Gledhill is top Singapore law firm at the Asian Legal Business SE Asia Law Awards 2009

 

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Legal Bulletin May 2009

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Highlights:

Limited Partnerships Act 2008 commences operation on 4 May 2009

Bankruptcy (Amendment) Act 2009 in force on 18 May 2009: Implementation of Debt Repayment Scheme

Business Registration (Amendment) Act 2009 in force on 1 May 2009: Registration of professionals under Business Registration Act and facilitation of enforcement of injunctions granted under Trade Marks Act

MOM issues updated guidelines on managing excess manpower to further help companies lower costs and save jobs

MAS public consultation on proposed definitions of “carrying on insurance business” and “soliciting insurance business” in Insurance Act

Singapore High Court declines piercing corporate veil to hold sole shareholder/director liable for company’s repudiation of contract

Singapore High Court finds oppression and orders majority shareholders to buy up shares of minority shareholder

European Court of Justice holds EU courts may not issue anti-suit injunctions in favour of arbitration against another EU court

Singapore High Court holds flower device on watches infringes trade mark

Singapore Court of Appeal considers relationship between implied terms and entire agreement clauses, and implication of term based on doctrine of good faith

 

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Legal Bulletin April 2009

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Highlights:

Partial commencement of Securities and Futures (Amendment) Act 2009 on 20 April 2009

Singapore establishes legal framework for international interests in aircraft objects

English Court of Appeal examines duties of directors nominated by shareholders in a joint venture company

English Court of Appeal holds directors who are controlling shareholders of companies may also be employees of company

UK Privy Council on proper test for implication of term in an instrument

Singapore Court of Appeal holds that permission to appeal to Court of Appeal required for copyright action commenced in District Court

Singapore High Court examines applicability of different sets of SIAC rules to determine issue of governing regime for arbitration agreement

Singapore High Court interprets “proceeds of sale for his lot” in section 84A(7) and (8) of Land Titles Strata Act in relation to collective sale

Singapore High Court explains employer’s duty to provide safe system of work distinct from the way work actually carried out by employees

Launch of Allen & Gledhill’s Restructuring & Insolvency Master Class Series

 

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Legal Bulletin March 2009

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Highlights:

SGX-ST Listing Rules revised with effect from 24 March 2009 to facilitate fund raising and strengthen corporate governance of listed issuers

Consumer Protection (Fair Trading) (Amendment) Act 2008 in force from 15 April 2009: Consumer protection extended to financial products and services and other changes

IRAS circular provides guidance on voluntary disclosure and waiver or reduction of penalties

IRAS issues supplementary circular on transfer pricing guidelines for related party loans and related party services

MOF announces endorsement by Singapore of OECD Standard for exchange of information through DTAs

Insurance (Amendment) Act 2009 partially in force from 1 March 2009: Enabling inclusion of life insurance policies in trust structures

Parliament passes Human Organ Transplant (Amendment) Bill 2009: Allowing payment for living donors

Singapore High Court refuses to grant relief against forfeiture in absence of unconscionability and injustice

English Court of Appeal holds party aware of default affirming contract despite “no waiver” clause in contract

Singapore Court of Appeal upholds High Court lifting of corporate veil

Allen & Gledhill wins Private Equity International Best Law Firm (Transactions) in Asia Award

 

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Legal Bulletin February 2009

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Highlights:

SGX introduces further measures to facilitate fund raising

IRAS seeks feedback on proposed tax framework for corporate amalgamations

Lowering of age of contractual capacity from 21 years to 18 years effective 1 March 2009

Steering Committee for reviewing Companies Act studying three areas for change

International Interests in Aircraft Equipment Bill 2008: Protocol to the Convention on International Interests in Mobile Equipment on Matters Specific to Aircraft Equipment expected to be in force in Singapore on 1 May 2009

Maximising the ownership and exploitation of intellectual property assets during an economic recession

IDA public consultation on Review of the Code of Practice for Info-communications Facilities in Buildings (COPIF) for the Use of Space and Facilities by Licensees

IPOS and USPTO launch Patent Prosecution Highway, a pilot cooperation initiative

Singapore High Court considers construction and validity of corporate guarantee

Singapore Court of Appeal construes the words “enforceable by execution in Singapore” in section 61(1)(d) of Bankruptcy Act

Singapore Court of Appeal discusses necessary elements of the law of compromise

Launch of Allen & Gledhill Competition Law Master Class Series

 

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Legal Bulletin January 2009

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Highlights:

Budget 2009: Analysis of Major Tax Changes

Civil Law (Amendment) Bill 2009 passed in Parliament: Lowering the age of contractual capacity from 21 years to 18 years

Bankruptcy (Amendment) Bill 2009 passed in Parliament: Implementation of Debt Repayment Scheme

Insurance (Amendment) Bill 2009 passed in Parliament: New statutory framework for nomination of beneficiaries under life policies

International Interests in Aircraft Equipment Bill 2009 passed in Parliament: Establishing a legal framework for international interests in aircraft objects

Business Registration (Amendment) Bill 2009 passed in Parliament: Registration of professionals under Business Registration Act and facilitation of enforcement of injunctions granted under Trade Marks Act

Human Organ Transplant (Amendment) Bill 2009 tabled for first reading in Parliament

MAS conducts consultation on proposed policy positions on the definition of a “Singapore policy” for policies purchased by individuals

MOH and SMC propose amendments to the Medical Registration Act

Appointment of Ang Cheng Hock as Senior Counsel

New Partners

 

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