[UPDATE 28 March 2025 by Winston WONG, Max LIEW: On Friday, the 21st of March, the Financial Crimes Enforcement Network issued an “interim final rule”, removing the requirement for U.S. companies and U.S. persons to report beneficial ownership to FinCEN under the Corporate Transparency Act. FinCEN has revised the definition of “reporting company” (updated in […]

Winston WONG (6 February 2025): The role of a lawyer varies from jurisdiction and industry, and who is utilizing the lawyer. In jurisdictions where client-lawyer relationship may be defined by contingency fee contracts, or a fixed/cap fee structure, it is foreseeable that a law firm takes on a proactive role. On a separate note, in

Winston WONG (16 January 2025): Reasonable, reasonably, reasonableness The concept of reasonableness and its various derivations often come into play, deployed as a qualifier, condition, warranty, and in varying contexts. What exactly is this apparent indistinct concept and why does it oftentimes appear in the legal context? Why was it created, why its popularity, and how

Winston WONG (1 May 2024): Joint Venture Series (Part Two of Three) In the course of building a business, or an idea, or the worldwide version of a regional operation, one key approach is the inorganic. The three-letter acronym SPA is the legal piece of the acquisition jigsaw. It is surely not the central piece,