Serving and Withdrawing a Notification for Relief
In order to qualify for relief under the Covid-19 (Temporary Measures) Act, you would first need to serve a Notification for Relief (‘NoR’) on the relevant parties.
- Walter Silvester
- COVID-19 Updates
- June 11, 2020
Legal Challenges Posed by the COVID-19 Fallout and How SMEs Should Respond
It is an understatement to say that SMEs has been hit hard by COVID-19. The unprecedented and widespread disruptions to business operations have thrown many businesses into financial disarray. SMEs often does not have deep pockets to weather a prolonged period of cessation of business operations and it is understandable that SME owners are concerned about manpower costs, cashflow liquidity and the survival of their business.
- Walter Silvester
- COVID-19 Updates
- June 10, 2020
Additional Relief for Construction and Events Contracts
These are additional relief provided under the Covid-19 (Temporary Measures) Act 2020 for performance bonds in construction, tourism, and events-related contracts.
- Walter Silvester
- COVID-19 Updates
- April 29, 2020
COVID-19 (Temporary Measures) Act
The COVID-19 outbreak has affected a lot of people. Events were cancelled, various works had to be stopped, and many could not proceed with business as usual. As the inability to perform one’s contractual obligations arose from circumstances beyond anybody’s control, Parliament passed the COVID-19 (Temporary Measures) Act (“TMA”) on 7 April 2020 partly to minimise legal liabilities that will be incurred as a result of non-performance.