Date Published: 31 January 2017
The Team Advising on The Transaction: Wong Pei Ling and Lorraine Liew.
CNPLaw LLP, formerly known as Colin Ng & Partners LLP, advised Easy Touch Pte Ltd, a technology start-up in the business of providing cashless payment solutions for events using near field communication wrist bands on their series-A funding from venture capitalists.
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Stakeholder conflicts (regarding issues such as breaches of fiduciary duties, derivative actions, shareholder oppression, management deadlocks, management compensation, dividend payments and buy-outs) can be a thorny issue and can leave a company crippled if not addressed promptly.
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More often than not, clients are able to avoid costly protracted court proceedings and resolve stakeholder conflicts with discretion and expediency.
Private equity can be a viable source of financing for companies that do not wish to increase their leverage. While the introduction of private equity can help take a company to the next level of its development, the competing interests involved can derail the very growth that such transactions are intended to accelerate if they are not properly managed.
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