Dathena v Justco: Does the Unfair Contract Terms Act apply to you?
A recent court judgment may have far-reaching consequences on the certainty of a wide variety of commercial bargains
IMAGINE you are a co-working operator who leases out large office spaces to sizeable businesses.
One of your members is a multi-national cybersecurity business. It has offices in Singapore, Bangkok, Geneva, Lausanne, Paris, London and New York City, with the financial muscle to sign a 2-year lease with a monthly rent of almost S$100,000.
It has just closed a funding round, raising US$12 million; surely, it would have the means to hire lawyers to tailor the lease agreement to its unique needs.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS, OCBC and UOB shares hit all-time highs as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10