GENERAL LAW TRANSFORMED
Running a business isn’t always as straightfoward as many would have you believe, there are many instances when laws and regulations can be overcomplicated to the point of being overwhelming.
At GLT Law, we guide you through the tangled web of employment law, franchising, intellectual property and contracts as well as obtaining specific government licenses.
OUR KEY AREAS OF PRACTICE INCLUDE:
OUR KEY AREAS OF PRACTICE INCLUDE:
FREQUENTLY ASKED QUESTIONS
There are mainly two types of termination grounds, namely, termination with cause and termination without cause. Termination with cause means that either party can terminate the contract when a specified event occurs. It is advisable to spell out the triggering events in the contract. Examples of such events include:
Even if the contract does not give express right to terminate in a particular scenario, if one party breaches the contract substantially (known as “repudiatory breach”), the non-breaching party may be entitled to accept the repudiatory breach and terminate the contract and sue for damages against the breaching party. Termination without cause means that either party can terminate the contract by giving notice according to the notice period stated in the contract, even when there is no breach or default on either party.
1. the process of entering into commercial contracts
2. negotiating and drafting commercial contracts
3. interpreting clauses in the commercial contracts
4. reviewing commercial contracts to give an opinion on their impact
5. amending commercial contracts
6. terminating commercial contracts
7. resolving disputes about commercial contracts
© 2018 GLT Law – Gan, Lee & Tan. All Rights Reserved.