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. ...
Tag: Commercial dispute
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 ...
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 ...
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 ...
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 ...
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 ...
Commercial Contracts – The importance of background clauses
In the realm of commercial contract law, background clauses (also known as "Recitals") play a crucial role in clarifying the ...
What should a seller do when a buyer is late in payment?
Late payment by the buyer is a common problem in commercial transactions and can cause many difficulties for the seller. ...
What should the seller pay attention to when drafting a goods inspection clause?
In a goods sale transaction, the parties often establish the quality standards of the goods along with the buyer's right ...
What should a seller do if they expect to be unable to deliver on time?
In business, on-time delivery is one of the important factors that helps sellers build reputation and trust from customers. This ...
