Document background
A Release of Claims Agreement is commonly used in Singapore when parties wish to resolve disputes without court proceedings or to prevent future litigation. This document is particularly important in commercial, employment, and personal injury contexts, where it provides a clean break between parties. Under Singapore law, the agreement must be properly executed with consideration, clear terms, and voluntary consent. The document typically includes detailed descriptions of released claims, consideration provided, and various representations and warranties. It's essential to ensure the agreement complies with Singapore's legal requirements regarding contract formation, capacity, and enforceability.
