I just got a call and an email from Swan & Partner to sign some documents - Statutory Declaration (SD), SD - non bankrupt, LETTER OF UNDERTAKING AND INDEMNITY and ACKNOWLEDGMENT OF LEGAL REPRESENTATION
The last letter (ACKNOWLEDGMENT OF LEGAL REPRESENTATION) is quite fishy as it was stated in that document:
2. I/We am/are fully aware, and hereby acknowledge, that [Messrs. Swan & Partners of Pusat Dagangan Phileo Damansara 1, Block E 3A-10, No. 9, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor Darul Ehsan] (“the said Solicitors”) are solicitors acting only for the abovenamed Financier in the above loan documentation, and that the said Solicitors are NOT representing me/us in the matter; notwithstanding that they witness or attest my/our execution of the relevant documents, or that I/we have agreed to bear their fees on behalf of the Financier, or that they may be acting (or have acted) for me/us in any other related or unrelated matter.
3. I/We have been advised, and am/are fully aware, that I/we am/are at liberty to engage separate and independent legal representation in the matter. However, I/we have chosen not to do so, while being fully aware that, should situations arise where the Financier’s interest is in conflict with my/our interest, the said Solicitors’ duty would be owed to the Financier and not to me/us.
4. The contents of this acknowledgement have been explained to me/us and I/we fully understand the same.
Any possibility that this is requested by your end financier? So far I don't receive any call from Swan & Partners - Loan from OCBC.