Learning Outcomes

Learning Outcomes

• Dealing with International Contracts more effectively
• Examining contract documents with ease and focus for International Contracts
• Dealing with due diligence and methodology effectively

Course Outline

Course Outline

1. Understanding what is not revealed in International Contracts

• The culture and the ways, contracts are enforced
• The background information of the company and its current financial situation
• Dealing with mediation if there are breaches and its practical implications

2. How to deal with issues if the risk is assessed to be high

• Getting background information of the shareholders and directors
• Are there breaches in any governance with the country’s legal system
• Financial information about the company

3. Methods of negotiation and settling risk issues

• Negotiating on the scope of the parties’ rights and obligations
• Indemnity clause and its legal impact
• Warranty and undertaking clause and enforcement

4. Negotiating Commercial Clauses in International Contracts

• Termination and what are the terms of termination
• Post termination obligation clause and the impact
• Insurance and covering liability on third party claim

5. Dispute management and due diligence

• Governing Clause and its Implication
• Arbitration and Its implications
• Using local Courts to resolve dispute and management
• Using meditation to resolve issues at the International Singapore Mediation centre

6. Evaluating key contract clauses and negotiation

• Force Majure clauses and its legal implications
• Payment terms and method of payment
• Protecting IP rights and enforcement (including protection from 3^rd party claim)
• Compliance with local regulations and rules
• Tax issues and transfer of funds (repatriation of funds)

Methodology

• More discussions and case sharing with the participants
• Role play and evaluations on the response of the role play
• Sharing discussions and live examples

Who Should Attend

Who Should Attend

• Executives (including Managing Directors, Company Directors)
• Contracts and Programme Managers
• Project Engineers and Maintenance Managers
• Financial Controllers (including Group Financial Controllers)
• Sales and Business Managers (including Sales Directors)
• Marketing Managers and Executives
• Business Advisers and Consultants
• Bankers and Credit Executives
• Company Secretaries and Administrators
• Finance and Operations Executives
• Accounts Supervisors

The Trainer

Trainer’s Profile

Mr. David Shanmugam is an Advocate & Solicitor of the Supreme Court of Singapore and has many years of legal experience in the private sector. He graduated from the University of London with a Bachelor Of Law degree and a Master of Business Administration from Victoria University.

Mr. Shanmugam is also a member of the Law Society of Singapore and a member of Singapore Academy of Law. Prior to practice of law, he was working as a counsel for a listed company and in the oil and gas sector. Over the years, he has acquired the necessary skills in handling corporate and commercial work.

He has 16 years of experience in conducting seminars and in-house training for SBF SCAL SMA NUS Extension Centre and Redas Association of Consulting Engineers, Institute of Chartered Accountant and many more platforms.

Mr. Shanmugam has also lectured Company Law, Business Law, Sports Law, Law for Hotel Management for Singapore Institute of Management, James Cook University, Marketing Institute of Singapore as the module leader for law.

He has conducted seminars in Malaysia, Indonesia and Hong Kong on legal related topics.