Two way Non Disclosure agreement for disclosing the details of a Transaction. It imposes a mutual obligation of confidentiality on the parties who provide and receive information at the same time. This is drafted in neutral form.
A simple novation agreement to novate the rights and obligations of the transferor to the transferee with the consent of the counterparty. A partial transfer of all the transferor’s rights and release the transferor’s obligations under the Agreement to that extent. The transferor otherwise continues as a party to the Agreement.
Three way Non Disclosure agreement for discussion of business relationship. It imposes a mutual obligation of confidentiality on the parties who provide and receive information at the same time. This is drafted in neutral form.
One-way NDA / Confidentiality Agreement for discussion of the business relationship. It imposes a unilateral obligation of confidentiality on the party who receives the information. This is drafted in Neutral form.
This is a two-way Confidentiality/Non-Disclosure Agreement (NDA) for discussion of the business relationship with a mutual obligation of confidentiality. This is drafted in neutral form.
There are many elements of consideration when it comes to conducting business deals with a foreign company. Depending on the rules that apply, the result of each process may differ, such as the negotiation phase, concluding a contract, executing the transaction and dealing with breach of contract. Conducting Due Diligence Due Diligence, in the context … Read more
When importing or exporting goods abroad, there are many documents that are involved in this process. These can either be border measures or domestic requirements of the importing or exporting country. Here are the following documents that may be needed for International Trade: Inspection Certificate An inspection certificate certifies that certain goods have been manufactured … Read more
The Sale of Goods Ordinance (“SOGO”) sets out the following remedies for the seller: claim price of the goods; damages for non-acceptance; right to lien; withhold delivery; the right to resale 1. Action for the price (section 51, SOGO) If the buyer wrongfully neglects/refuses to pay the price for the goods and the property in … Read more
In case of breach of a contract for the sale of goods, the common remedies available are the following: damages, rectification, rescission, specific performance, injunction and restitution. 1. Damages Damages are the most common remedy sought by the innocent party, who is entitled to claim damages as compensation for loss arising directly and naturally, in … Read more
1. General rule: Risk follows the ownership Under section 22 of the Sales and Goods Ordinance (SOGO), unless otherwise agreed, the goods remain at the seller’s risk until the property therein is transferred to the buyer, but when the property therein is transferred to the buyer the goods are at the buyer’s risk, whether delivery … Read more