If you are a creditor of a Singapore company that has entered or is entering into liquidation or winding up due to insolvency or otherwise, these are some questions you might have.
Review internal systems, repair legal foundations, and better position your business post-Circuit Breaker
How should courts divide matrimonial assets in “highly unusual” marital breakdowns?
The COVID-19 (Temporary Measures) Act 2020 was urgently passed in the Singapore Parliament yesterday (7 April 2020). If your business has been affected by COVID-19, consider if you may seek temporary relief under the new law or object to another party relying on such relief. If your organisation requires the conduct of meetings (e.g., Annual General Meetings), take note of alternative arrangements for the conduct of meetings which would be compliant with circuit breaker and other measures.
Significance: Singapore High Court holds a person who assumed responsibility over the well-being and financial affairs of another person who lacks mental capacity to be a fiduciary and imposed an equitable lien over a HDB flat purchased with monies taken from the person lacking mental capacity. Facts 1. This case concerned one Dr Paul Freda Malliamalar […]
Facts This case centred on a dispute that arose in a settlement agreement between the minority shareholders (Plaintiffs) and majority shareholders (Defendants) of Agape Holdings Pte Ltd (“Agape Singapore”), a company incorporated in Singapore. The Plaintiffs previously commenced legal proceedings against the Defendants based on minority oppression. Pursuant to mediation at the Singapore Mediation Centre, […]
Significance The Court of Appeal held that there is no tort of abuse of process in Singapore, and also that a party is not entitled to claim for damages for the tort of malicious prosecution in civil cases.
Summary by Yeo Ming Ze & Edited by Ronald JJ Wong Background In the District Court (“DC”), the Appellant, a Singapore Management University law professor, was ordered to pay $120,000 in total damages after defaming the three Respondents during an Annual General Meeting (“AGM”) of the management corporation (“MC”) of the Duchess Residences in the […]
Summary by Yeo Ming Ze & Edited by Ronald JJ Wong FACTS This case concerns the sudden death of an engineer during the course of his work as a result of a brain aneurysm. On 3 March 2016, the sole breadwinner of the family was found unconscious in the toilet of his office building. At […]