Insight
Order of asset distribution in bankruptcy cases under the Law on Recovery and Bankruptcy 2025
The Law on Recovery and Bankruptcy No. 142/2025/QH15, effective from March 1, 2026, has introduced numerous changes compared to the Law on Bankruptcy 2014, particularly in adjusting the order of...
Managing contractual violations – Building “Legal traps” and optimizing enforcement rights
A commercial contract lacking robust penalty clauses is akin to an army marching into battle without weapons. The line between a friendly cooperation agreement and a financial...
Law on Construction 2025 – Notes on applying pre-determined damages
The Law on Construction 2025 will take effect from July 1, 2026, with the latest regulations on contractual liabilities in construction activities. The most notable aspect is...
Liquidated damages – International trends and legal challenges in Vietnam
In global commerce, liquidated damages have become a common tool for addressing breaches of contract. However, in Vietnam, this mechanism has not yet been clearly established in...
Termination agreement – A shield or a gateway to labor disputes?
In the global corporate environment, employee violations of workplace codes of conduct are not uncommon. Acts such as disclosing sensitive information, abusing authority, or simply behaving in...
Sexual harassment in the workplace – From ethical concern to legal obligation
In today’s modern workplace, where business interests intersect with human values, sexual harassment is no longer merely an ethical issue. It has evolved into a complex legal challenge that organizations...
Insurance payout timeline – A right that cannot be arbitrarily delayed
In the realm of life insurance, the timing of benefit payments is not merely a technical matter, it is a legal obligation. We received a report from...
M&A in Vietnam: When share deals and asset deals are not interchangeable
From both legal and practical perspectives, mergers and acquisitions (M&A) in Vietnam carry significant risks, especially when choosing between acquiring shares or acquiring assets. Buying shares and...
When a business dissolves – Who bears the remaining debt?
In today’s volatile economic climate, it’s no longer unusual for businesses to exit the market. However, when a legal entity ceases to exist, a pressing question arises: who is responsible...
Damaged vehicle – Can still sue for compensation after receiving insurance payout?
Consumers may still sue the car manufacturer after receiving an insurance payout, but this right becomes limited if the right to claim compensation has been transferred to the insurance company....
