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: Contract law
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 ...
Non Disclosure Agreement in Employment Contracts – Analysis and Evaluation
In today's competitive business environment, information plays a critical role in a company's success. Confidential information, trade secrets, customer data, ...
Commercial outsourcing – 4 things to know
Product outsourcing is a common practice in both international and domestic trade, particularly in sectors like textiles, footwear, and electronics. ...
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 ...
Shareholders’ agreement on preemptive right of shares – How should be regulated?
A shareholders’ agreement on preemptive right of shares is an important tool in corporate governance, helping to protect the interests ...
Common shareholder agreements in Vietnam
Shareholder agreements are an important tool in corporate governance, helping to regulate the relationship between shareholders and ensure their rights. ...
8 contents Buyers need to consider before closing an M&A transaction
Mergers and acquisitions (M&A) is a complex process and requires careful consideration from the buyer. This article was consulted by ...
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. ...
