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Reserve powers of management may devolve to shareholders when board is deadlocked

Singapore - November 19 2014 In the recent case of TYC Investment Pte Ltd & Ors v Tay Yun Chwan Henry & Anor 2014 SGHC 192 (10 October 2014), the Singapore High Court had to...

Joy Tan.


JSC BTA Bank v Ablyazov 2013 EWCA Civ 928 (England, Court of Appeal, 25 July 2013)

Singapore, United Kingdom - November 12 2013 A freezing order in favour of JSC BTA Bank ("Bank") against Mr Ablyazov ("Respondent") was granted by the English courts in August 2009. The freezing...

Joy Tan.


Raffles Town Club Pte Ltd v Lim Eng Hock Peter & Ors 2012 SGCA 62 (Singapore, Court of Appeal, 31 October 2012)

Singapore - January 31 2013 Raffles Town Club Pte Ltd ("RTC") brought a claim against four of its former directors (PL, LA, WT, and DF, collectively the "Former Directors") for...

Alvin Yeo, Swee Yen Koh.


JSC BTA Bank v Ablyazov & ors 2012 EWHC 1819 (comm) (England, High Court, 4 July 2012)

United Kingdom - October 4 2012 A freezing order in favour of JSC BTA Bank ("Bank") against Mr Ablyazov ("Respondent") was granted by the English courts in August 2009....

Joy Tan.


Lew Kiat Beng v Hiap Seng & Co Pte Ltd 2011 SGCA 61 (Singapore, Court of Appeal, 21 November 2011)

Singapore - February 24 2012 Where shareholders of a company believe that its directors have engaged in misfeasance and seek to bring an action against the directors on the company's behalf, section 216A of the Companies Act allows them to do this....

Joy Tan.