Shareholders’ claim in Misrepresentation and Minority Oppression Struck Out and Dismissed by the High Court of Singapore
In the early days of the suit, our team successfully argued that the shareholder companies were likely insolvent and as such, security for cost should be furnished. The suit progressed as security was furnished.
Luke Netto, Counsel of Netto & Magin LLC, argued before the Singapore High Court and successfully struck out a half a million-dollar claim brought by a majority shareholder against a minority shareholder notwithstanding the existence of a signed Settlement Agreement between the two parties. Luke Netto successfully argued that the claim (if any), should be […]
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