Liew Kai Zee

Aug 29, 2024 | lexology.com | Liew Kai Zee |Joseph Chun

Asia has emerged as the largest source of emissions  globally and Southeast Asia  is also one of the most at-risk regions. Addressing climate change is therefore a matter of particular urgency for ASEAN and its companies. However, it has been  estimated  th e region will need to raise capital of over US$50 billion over the next few years to fund the green transition.

Dec 7, 2023 | mondaq.com | Liew Kai Zee |Teo Mae Shaan |Joseph Chun |Aditi Mathur

Forced labour is a pertinent issue that poses serious risks to human life across the globe. Traditionally, forced labour is thought to be remote in the financial services industry. In reality, FIs are intrinsically linked to forced labour risks through their diverse business relationships. FIs can play an integral role in mitigating forced labour risks in supply chains through avenues such as contractual safeguards and sustainable supply chain finance.

Dec 1, 2023 | mondaq.com | Liew Kai Zee |David Lee

Background – It is usual for Singapore Government contracts to contain prohibitions against the assignment of receivable. Accordingly, the consent of the Singapore Government is required on an ad-hoc basis before the receivable can be assigned in a factoring or loan arrangement. An assignment of receivable without such consent is void against the Singapore Government and may also have other legal consequences such as a breach of contract.

Nov 9, 2023 | lexology.com | Liew Kai Zee |David Lee |Teo Yi Ting

Banks usually retain certain contractual discretions in banking documents. However, they are generally not unfettered, even with absolute discretion. Banks would generally still have to act in good faith and not arbitrarily, capriciously or irrationally. IntroductionWe update our previous article on this topic following the latest Singapore High Court case of Maybank Singapore Ltd v Synergy Global Resources Pte Ltd [2023] SGHC 258 (Synergy).

Sep 20, 2023 | lexology.com | Liew Kai Zee |David Lee

Background – It is usual for Singapore Government contracts to contain prohibitions against the assignment of receivable. Accordingly, the consent of the Singapore Government is required on an ad-hoc basis before the receivable can be assigned in a factoring or loan arrangement. An assignment of receivable without such consent is void against the Singapore Government and may also have other legal consequences such as a breach of contract.