SGX proposes new measures to strengthen corporate governance practice

Workplace Safety and Health (Safety and Health Management System and Auditing) Regulations 2009 in force from 1 March 2010

International Arbitration (Amendment) Act comes into force 1 January 2010: Better court support for arbitration proceedings

Goods and Services Tax Act to be amended with effect from 1 January 2010 to implement Budget 2009 changes

IDA releases the Advisory Guidelines on Contract Period and Early Termination Charges for Telecommunication Services offered to End Users

MOF launches Budget 2010 Feedback Exercise

2009 year in review: Key legal and regulatory developments

Singapore High Court construes conclusive evidence clause in account opening documents

Singapore High Court interprets restraint of trade clauses in directors’ service agreements with company

Singapore District Court finds listed company director failed to use reasonable diligence

Singapore Court of Appeal on enforceability of foreign judgment relating to claim for gambling debt

Singapore Court of Appeal finds binding contract between parties for grant of option and that doctrine of part performance part of Singapore law

MAS to establish Corporate Governance Council and review of Code of Corporate Governance in the pipeline

MOM releases Tripartite Advisory on Managing Manpower Challenges for companies no longer facing excess manpower

MOM conducts public consultation on draft Tripartite Guidelines for Re-employment of Older Employees

Singapore joins OECD white list after signing 12th agreement incorporating international standard for exchange of information for tax purposes

Parliament passes Income Tax (Amendment) Bill 2009: Implementing Budget 2009 changes and other changes

SGNIC launches Chinese domain names in Singapore

New UK Supreme Court replaces UK House of Lords from 1 October 2009

UK Supreme Court focuses on meaning of clause in context of entire document and transaction rather than in isolation

Singapore High Court finds senior employee owing fiduciary duties akin to director

English High Court discusses meaning of “true and fair view” in warranty

Singapore High Court interprets meaning of “for the time being in force” in arbitration clause

Singapore Court of Appeal considers whether terms of agreement varied by “without prejudice” communications

MOM revises obligations of employers of foreign workers: Higher insurance cover for medical costs, change in security bond conditions from 1 January 2010

MOF announces extension of Jobs Credit Scheme for six months

Parliament passes Income Tax (Amendment) (Exchange of Information) Bill 2009: Changes to implement international standard for exchange of information

Parliament passes International Arbitration (Amendment) Bill 2009: Provisions on curial support of arbitration proceedings

Parliament passes Quorums of Statutory Boards (Miscellaneous Amendments) Bill 2009: Revising quorum for board meetings of statutory boards

MND launches consultation paper on new regulatory framework for real estate industry

Singapore Court of Appeal expounds on meaning of conditional delivery of a cheque under section 21(3)(b) of Bills of Exchange Act

Singapore High Court orders defendants to buy out plaintiff’s shares as remedy for oppressive, unfair and discriminatory conduct

Singapore Court of Appeal clarifies applicable law when SIAC Rules adopted

Singapore High Court grants taxpayer leave to apply for order to quash decision of Comptroller of Income Tax that withholding tax is applicable to swap payments made by taxpayer to its overseas subsidiaries

Allen & Gledhill Banking Litigation Master Class Series

Allen & Gledhill International Arbitration Master Class

Government implements measures to ensure stable and sustainable property market

Income Tax (Amendment) (Exchange of Information) Bill 2009: Changes to implement international standard for exchange of information

SGX initiatives in pipeline to strengthen corporate governance

SGX requires companies seeking delisting to provide reasonable exit offer to shareholders

Ministry of Law clarifies provision in International Arbitration (Amendment) Bill 2009 concerning curial support of arbitration proceedings

New statutory framework for nomination of beneficiaries under Insurance Act in force from 1 September 2009

Singapore High Court dismisses banks’ claims against company for loans obtained fraudulently by company’s employee

Singapore Court of Appeal maintains pro-arbitration stance and considers meaning of “dispute” in arbitration agreement

Singapore High Court sets out law regarding admissibility of extrinsic evidence when interpreting contractual documents

Allen & Gledhill is top Asian-Counsel Singapore Firm of the Year 2009 for five practice areas

Allen & Gledhill named Asian Legal Business Leading M&A Firm in Singapore

Securities and Futures (Amendment) Act (Commencement) (No. 2) Notification 2009: Changes to Securities and Futures Act affecting securities offerings and market misconduct enforcement implemented

SGX conducts public consultation on proposed rules for listing of early stage mineral, oil and gas companies on Catalist

MinLaw proposes changes to enhance the legislative infrastructure for Singapore’s international arbitration regime

MOH issues Advisory on Influenza A (H1N1-2009) for Workplaces (Sustained Community Transmission)

Parliament passes Goods and Services Tax (Amendment) Bill 2009: Implementing Budget 2009 changes

MOF issues response to feedback received on draft Income Tax (Amendment) Bill 2009

MinLaw announces establishment of Singapore Office of WIPO Arbitration and Mediation Center in January 2010

Singapore Court of Appeal considers factors relating to issuance of conversion bonds and conversion shares

English High Court upholds deprivation provision in trust deed for credit linked notes in structured finance transaction

Singapore High Court considers what constitutes a “without prejudice” communication

Singapore High Court decision involving first donor death following kidney transplant surgery in Singapore

IRAS issues guide on income tax treatment of limited partnerships

MOF proposes changes to Income Tax Act to implement internationally agreed standard for exchange of information

IDA and AGC seek views on proposed changes to electronic transactions legislation

Steering Committee for Reviewing Companies Act to conduct public consultation on draft Companies (Amendment) Bill in 2010

Parliament introduces Goods and Services Tax (Amendment) Bill 2009: Implementing Budget 2009 changes

MOM issues Third Tripartite Advisory and Workplace Checklist to mitigate spread of Influenza A (H1N1-2009)

Human Organ Transplant (Amendment) Act 2009: Allowing payment for living donors and other changes with effect from 1 November 2009

Singapore High Court holds party who destroys prejudicial documents risks having claim or defence struck out

Singapore Court of Appeal examines issues relating to guarantees and limitation period

UK House of Lords prefers commercial sense approach over syntactical analysis when correcting drafting mistakes in contract

Allen & Gledhill named Who’s Who Legal Singapore Law Firm of the Year 2009 for fourth consecutive year

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

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

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

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

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

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

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