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Legal Developments in Singapore
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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HOT-TUBBING IN INTERNATIONAL ARBITRATION
In this issue Hot-tubbing in International Arbitration…1 By Chia Voon Jiet Upcoming Amendments to the International Arbitration Act …………….. 3 By Chew Kiat Jinn & Mahesh Rai -
FIRST THREE SETS OF GUIDELINES ISSUED UNDER MALAYSIAN COMPETITION LAW
Five months after the Competition Act 2010 (“Act”) came into force on 1 January 2012, the Malaysia Competition Commission (“MyCC”) has issued the final version of three guidelines (collectively, “Guidelines”) it had previously made available for public consultation last year. The Guidelines comprise of the following: -
gTLDs Update: Implications for Trade Mark Owners
There are currently only 22 generic top level domains (gTLDs) in the world. A top level domain is the last part of a domain name (e.g. .com). -
THE MALAYSIA COMPETITION COMMISSION ANNOUNCES QUANTUM OF FEES FOR EXEMPTION APPLICATIONS UNDER...
THE COMPETITION ACT -
TELECOMS, MEDIA & TECHNOLOGY UPDATE
IDA ISSUES TELECOM COMPETITION CODE 2012 AND NEW TELECOM CONSOLIDATION AND TENDER OFFER GUIDELINES -
IMPORTANCE OF RECORDINGS IN BANKING DISPUTES
Crédit Industriel et Commercial v Teo Wai Cheong [2012] SGHC 94 -
REVISED CODE OF CORPORATE GOVERNANCE
On 14 June 2011, the Corporate Governance Council (“Council”) issued a consultation paper with proposed revisions to the Code of Corporate Governance (“Code”). Please click here to refer to Drew & Napier LLC’s update on that consultation. -
Bad faith established
In P.T. Swakarya Indah Busana v Haniffa Pte Ltd and another [2012] SGHC 69, the Plaintiff sought to invalidate the Defendants’ 15 “Martin” formative trade marks (“the Challenged marks”) on grounds that the marks were registered in bad faith (section 7(6) read with section 23(1) of the Trade Marks Act (the “Act”), and that there was fraud in the registrations or the registrations were obtained by misrepresentation (section 23(4) of the Act). -
Finders are not always keepers
The recent decision of the Singapore High Court (“the Court”) in the appeal of Wong Seng Kwan v Public Prosecutor [2012] SGHC 81 (“Wong”) clarifies the law relating to the obligations of a person who finds lost property (“a Finder”). -
The invocation of a civil penalty enforcement action
On 11 April 2012, The Monetary Authority of Singapore (MAS) announced that it took a civil penalty enforcement action against Mr Lau Kee Swan for contravening section 201(b) of the Securities and Futures Act (SFA), which prohibits the employment of manipulative and deceptive devices in connection with the subscription, purchase or sale of securities.