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Legal Update: New conditions for Sections 13O & 13U for Family Offices in Singapore
In this legal update, we examine the new guidelines issued by the Monetary Authority of Singapore (“MAS”) on the new conditions under sections 13O and 13U (formerly sections 13R and 13X respectively) under the Income Tax Act 1947 (“ITA”) for family offices in...
Conditional Fee Agreements Between Lawyers and Clients Now Allowed in Singapore for Specific Cases
From 4 May 2022, lawyers and clients can now enter into Conditional Fee Agreements (CFAs) with respect to solicitors’ fees in relation to specific legal proceedings. CFAs were previously prohibited in Singapore. What is a Conditional Fee Agreement? A “conditional fee...
Upcoming Changes to Singapore’s IP Regime
I. Introduction 1. On 11 March 2022, the Intellectual Property Office of Singapore (the “IPOS”) announced by way of Circular No. 2/2022 that as part of their efforts to continually provide world-class IP services and strengthen Singapore’s position as a global...
Harry Elias Partnership Further Strengthens Construction and Engineering Practice with Partner Hire
Harry Elias Partnership today announced the appointment of Joanna Seetoh as a partner in the Construction and Engineering practice. With over 14 years of experience, Joanna is a specialist in in the construction and infrastructure sector. She is amongst the inaugural...
Advised the founders of Gem XYZ Ptd. Ltd. (“Company”) in a sale of the entire equity stake of the Company to Ozone Networks, Inc (t/a Opensea) (“Opensea”)
The corporate practice group of Harry Elias Partnership LLP advised the founders of Gem XYZ Ptd. Ltd. (“Company”) in a sale of the entire equity stake of the Company to Ozone Networks, Inc (t/a Opensea) (“Opensea”). Opensea operates the largest non-fungible tokens...
Webinar Invitation: Anti-Money Laundering for Lawyers – An Introduction, 7 April 2022, 12.30 – 1.45pm SGT
Harry Elias Partnership Partner S Suressh will be speaking at the upcoming "Anti-Money Laundering for Lawyers – An Introduction" webinar on 7 April 2022, 12.30pm – 1.45pm SGT. Suressh, who is also the Chairperson of the Anti-Money Laundering (AML) Committee of The Law...
Advised Wee Hur Holdings Ltd. (“WHH”) and its wholly-owned fund management arm, Wee Hur Capital Pte. Ltd. (“Manager”), in relation to the strategic divestment by WHH of a 9.9% stake in the Wee Hur PBSA Master Trust (“WHPMT”)
The corporate practice group of Harry Elias Partnership LLP has advised SGX-ST Mainboard-listed integrated developer Wee Hur Holdings Ltd. (“WHH”) and its wholly-owned fund management arm, Wee Hur Capital Pte. Ltd. (“Manager”), in relation to the strategic divestment...
Harry Elias Partnership and HEP LAW ranked in Asialaw Profiles and Leading Lawyers 2022
We are pleased to announce that both Harry Elias Partnership LLP and our Brunei office, HEP LAW have been ranked in the 2022 edition of Asialaw Profiles and Leading Lawyers. In Singapore, we are ranked in multiple practice areas: Real Estate, Banking and Finance,...
Webinar Invitation: Risk and Dispute Management in a Time of Change, 12 May 2022, 12PM – 1PM
Major changes are taking place in the way business is done and how disputes are managed. GCs need to understand the latest trends around risk mitigation and dispute resolution strategies, the recent court rule changes and how those will impact the choices open to GCs,...
Of Counsel Kok Yee Keong awarded the Law Gazette Awards 2021 for Best Feature Article by a Young Lawyer
The Law Gazette is the official publication of the Law Society of Singapore (LSS), with several feature articles in its monthly publications. Every year, the LSS Publications Committee presents awards for best feature articles, based on the depth of analysis, display...