Date Published: 5 January 2018
Mr Chan Wai Mun from CNPLaw LLP, formerly known as Colin Ng & Partners, was appointed as general counsel to advise and act for the land concession owner and main developer of a Specific Economic Zone in Laos. This is a 54-hectare large scale land and property development project for mixed commercial and residential uses including an integrated resort with casino, hotels, entertainment complex, retail malls, office and commercial towers, condominiums and shophouses; all of which cater to a wide international profile of investors, co-developers and financiers. We will be acting in the development, construction, and financing of the whole project including structuring all related joint ventures and working collaborations with overseas investors and partners.
CNPLaw’s Real Estate practice has the expertise, experience and resources to handle work spreading across the residential, commercial and industrial asset classes, and to advise on all aspects of property transactions in Singapore. Our major clients include multinational corporations (MNCs), small and medium-sized enterprises (SMEs), property developers, construction companies, property funds, property-holding entities, asset managers, family offices, non-profit organisations, real estate investment trusts (REITs), as well as government agencies.
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.