Category: Law
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Risk of Using Generative AI in Legal Practice
by Lim Seng Siew, director OTP Law Corporation. Accredited Specialist in Data and Digital Economy Law by SAL. In preparing for an article on OTP Law’s website (reproduced on this website) about material adverse change clauses, I made use of a generative AI engine (used on 28 Apr 2023) and asked it for “Cases on material adverse…
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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 is not triggered. One party…
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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 other names. Some experts claim…
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Online Safety in Singapore – The Recent Online Safety (Miscellaneous Amendments) Bill
by Lim Seng Siew, director OTP Law Corporation. Accredited Specialist in Data and Digital Economy Law by SAL. Singapore, like many countries around the world, is on a trend to regulate online content to enhance the online safety of users. UK has its own Online Safety Bill as does Ireland’s Online Safety and Media Regulation Bill and…
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Cyber-hygiene and Phishing Part 4: Other Steps to Take to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what other steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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Cyber-hygiene and Phishing Part 3: Simple Steps to Protect Yourself
In this part, Lim Seng Siew of OTP Law Corporation, a digital economy lawyer talks about what are the simple steps to take to reduce the chances of you becoming a victim of a data breach or hack.
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The Life-Cycle of a Start-Up: From Cradle to Grave (Part 3)
What do the terms acquisitions, mergers, takeovers, joint ventures, MBOs or acqui-hire mean? Some terms for founders of a start-up to know about.
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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.