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Avoiding Problems with Your Memorandum of Understanding (MOU)
A Memorandum of Understanding or more commonly referred as MOU, is a rather popular document but often plagued with problems. This due to the fact that persons who use a MOU do not really understand what it is and how best to use it. Quite often used when parties are...
What is a Services Agreement
A Service Agreement is an agreement between a person who provides a service (usually called a Service Provider) and a client who wants to use a service. It is important to list down such things like the price to be paid for the service; what service is provided; what...
Memorandum of Understanding (MOU) – Is It A Formal Contract
A Memorandum of Understanding or more commonly referred as MOU is a document often used, wrongfully, in the belief that a MOU is not binding. Quite often, to keep costs low, a MOU is drafted without the advice of a competent commercial lawyer. Problems will arise if...
Time For A Change In The Way Malaysian Football Teams Are Managed
It was recently reported that Malaysia FA Cup champions Kedah will miss out on the 2018 AFC Cup after it was revealed that they had failed to meet the deadline to obtain the necessary licence. This is due because Kedah failed to submit their audited accounts. So, once...
Your #MalaysianBusiness is Breaking the Law and You Don’t Even Realise It
Having dealt with a significant amount of Malaysian Startups; Small; and Medium Enterprises, we have realised that a handful of them has broken some laws even without them realising it. The main reason for this is simply ignorance. When it comes to the law, ignorance...
What Legal Matters Should You Be Concerned if You Are a Start-up or Company
From my experience, most start-ups and even profitable smaller & medium size companies will usually be concerned about legal matters when it is too late – when they are sued; when action is taken for unpaid taxes; when their property is seized; when action taken...
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