CNPLaw LLP (“CNP”) is proud to announce that the firm is appointed to be on the National Parks Board’s (NParks) panel of law firms for the provision of legal services for three years. This appointment makes it the 10th Singapore government agency panel that CNP is on.
CNP’s Managing Partner, Ms Lisa Theng, and Partner and Corporate Advisory Practice Head, Mr Ken Chia have this to comment about the firm’s recent appointment: “We are thankful for the appointment and look forward to provide legal support to the NParks in the years ahead.”
NParks is a statutory board of the government of Singapore, and its mission is to make Singapore the best living environment through excellence in nature conservation, greenery and recreation, and veterinary care, in partnership with the community.
Every business involves an amalgam of various stakeholders, such as investors, shareholders and directors. Ideally, each of these stakeholders should have a common vision of what is best for the company. However, this is rarely the case when individual interests are factored into the equation.
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.
Given the diversity of interests at play, we appreciate that a multi-faceted approach is usually the most cost-efficient method of resolving stakeholder conflicts. Therefore, we provide clients with ready access to an integrated team of lawyers (combining the experience of our corporate, dispute resolution and employment law practices where applicable) who will effectively engage the relevant stakeholders in discussions on how best to resolve their differences amicably.
More often than not, clients are able to avoid costly protracted court proceedings and resolve stakeholder conflicts with discretion and expediency.