Overview
Contracts are fundamental in all businesses and the terms set out the rights and liabilities of a business. It is vital for businesses to know how to better protect their interests when negotiating or reviewing a contract. Going beyond the basic principles of contract law, this Masterclass allows the businessmen, executives, and managers to better understand contract law. It delves into the different principles of contract law so that the participant can get a better understanding and how they can be applied in everyday business.
The participant will learn in depth the different types of contract terms and how the rules of interpretation; how a contract may be discharged or terminated; and know the various types of remedies available for breach of contract. Finally, the dispute resolution methods will be discussed.
The objective of this Masterclass is not simply to give the participant an understanding of contractual principles but a practical exploration of how they are to be applied in everyday business and informed decision making starting with what contract terms to look out for during contract negotiations and what can be done in the event of a breach of contract.
Learning Objectives
At the end of this Masterclass, you will have a better understanding of the following:
- The different types of terms in a contract
- How a term can be implied in a contract
- How a term can be struck down
- How terms are interpreted
- What types of standard terms should be included
- What happens in the event of a breach of contract
- What are the remedies available for a breach of contract
- Where should the dispute resolution forum be
Featuring Our Speakers
Collin Choo
Associate Director
Tan Peng Chin LLC
Collin is a litigator with a wealth of experience and expertise in commercial and shipping law. He has a keen interest in learning and understanding the law. Collin has been in legal practice since 1998.
With an interest in shipping law, Collin started his legal practice at a boutique shipping law firm before joining another boutique shipping law firm. Having established firm foundations in the practice of shipping law, Collin developed an interest in commercial law and pursued it further when he worked with a Senior Counsel for approximately eight (8) years. Collin has been actively involved in a wide spectrum of commercial and shipping litigation and dispute resolution over a span of more than two (2) decades.
Collin’s main area of practice is in shipping, civil and commercial litigation which encompass the following areas, namely, carriage of goods, charterparty disputes, building and construction disputes, shareholders’ disputes, sale of goods, insolvency and employment disputes. Collin enjoys litigation practice and its associated pressure as he looks forward to learning new areas, identifying and analysing the issues, carrying out research and finally, applying the law onto the issues to his clients’ favour.
Collin has argued in all levels of the Singapore courts. He is also actively involved in arbitration both local (both privately appointed as well as SIAC) and international (including, ICC) in ship sale and purchase, sale of goods, supply of services and charterparty disputes.
Collin is a trainer for the advocacy module for the Preparatory Course leading to Part B of the Singapore Bar Examinations since 2010.
Being a father of teenage boys, Collin tries to find what little time he has to pursue his interest in tennis mountain biking. His leisurely pursuits include catching up with friends over meals or wine and travelling with his family.
Who should attend?
Anyone with an understanding of the basic principles of contract law in any industry or sector
- Entrepreneurs
- Small business owners
- Directors and managers
- Executives in procurement, marketing and business development managers
- Contract managers
Topics Covered
- Understanding Contractual Terms
- Interpreting contract terms
- Termination of Contracts
- Remedies for Breach of Contract
- Vitiating Factors in a Contract
- Dispute resolution methods
