Author name: ROY Admin

Patrick Lim Partner at Raj, Ong & Yudistra A shareholders’ agreement is a commonly used tool in today’s business landscape, especially in the startup culture, venture capital investments, and activist investing. It plays a crucial role in ensuring clear corporate governance. Here are some key points to know about shareholders’ agreements: However, it’s worth considering […]

Patrick Lim Partner at Raj, Ong & Yudistra As the name suggests, a protector appointed under a trust is usually charged with protecting the integrity of the trust as well as the stakeholders thereunder. In Malaysia, this role is rarely encountered or used. While the Labuan Trust Act provides a detailed explanation of the function

Patrick Lim Partner at Raj, Ong & Yudistra In the third instalment of our series exploring debt prevention or to be more accurate, “bad” debt prevention, we will be looking at the practical steps that you can take to keep your accounts current. From our experience helping clients pursue and recover debt, we have come

Patrick Lim Partner at Raj, Ong & Yudistra Income is the precursor to profits. Profits in turn are the lifeline and catalyst to the growth of a business. Without income, survival and growth is almost impossible. Throughout our practice, we have seen a common thread of things that would have made it easier to recover

Patrick Lim Partner at Raj, Ong & Yudistra Debt collection. Some will say it is the bread and butter of quite a few litigation law firms. It is also the one component of running a business that could be the difference between sustainability and total ruin. Sounds dire. In line with all our recent articles

Patrick Lim Partner at Raj, Ong & Yudistra It has been a few months since the craze of ChatGPT hit the shores of Malaysia. With everyone exploring various artificial intelligence powered tools, it is easy to get lost in the hype and have strong emotional reactions to this latest inflection point of human progress. The

Patrick Lim Partner at Raj, Ong & Yudistra Today we look at the last two focus clauses when reviewing legal contracts – dispute resolution and governing law clauses. It goes without saying that while we have discussed the types of clauses to focus on during a legal contract audit, there are other types of clauses

Patrick Lim Partner at Raj, Ong & Yudistra We previously looked at clauses regarding obligations a KPIs in relation clauses to focus on when carrying out a legal contract audit. Moving forward, the next two classes of clauses to look at are clauses relating to “compensation and “indemnification”. Along with the previous two types of

Patrick Lim Partner at Raj, Ong & Yudistra Thus far in this third volume of articles for our Legal Audits series, we have looked at 4 types of clauses that should be included during any contract review or audit. In this article, we take a look at two other types of clauses which usually form

Patrick Lim Partner at Raj, Ong & Yudistra Continuing with our look at the types of clauses to focus on when carrying out legal audits, the next two types of clauses we recommend you look at are clauses related to the duration of the agreement, and what happens if it is terminated. Duration or Term

Patrick Lim Partner at Raj, Ong & Yudistra Proceeding with the breakdown of the types of clauses that you should look at when carrying out legal contract audits, we shall take a look at the first 2 types of clauses – Parties and Purpose. Parties When reviewing the “Parties” item on the contract review checklist,

Patrick Lim Partner at Raj, Ong & Yudistra In the previous volumes of this series of articles, we took a macro look at legal contract audits, such as benefits, risks, overall strategy, and examples. In this volume, we start looking at the contracts themselves. The goal is for you to be able to carry out