THE BRIEF
by PracticeForte
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ALL POSTS
The Material Adverse Change (or MAC) Clause
Despite their popularity, it is widely accepted that a material adverse change (MAC), also known as a material adverse effect (MAE) condition, is notoriously difficult to trigger. A situation not contemplated might have occurred or a contemplated situation might have a lesser adverse impact than anticipated and therefore the clause …
Term Sheets, Memoranda of Understanding and Letters of Intent – Same Same or Different?
In the initial stages of a deal, you may be asked to sign a ‘non-binding’ document that sets out the key parameters for the negotiation. That document is called by many different names: a term sheet or a memorandum of understanding (MOU) or a letter of intent (LOI) or numerous …
Cyber-hygiene and Phishing Part 2: Planning Ahead for an Attack
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what to do if you are a victim of a data breach or hack …
AI Chat Bots About AI Chat Blogs
In the news and social media are ChatGPT by OpenAI and Bard by Google. How far is their potential? Is the Ai revolution the next phase in human economic development? …
Ringlighting Legal Issues a Social Media Influencer Should be Concerned With
Social media is popular, all encouraging the listener or viewer, to adopt a particular behaviour or view, even promote a political or social agenda. There is an undue concern by regulators with social media. Some regulations have the force of law while others set out norms of behaviour. OTP Law …
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