Top Singapore Court Says Judge Flubbed Arbitrability Ruling

Law360, New York (January 9, 2017, 5:59 PM EST) -- Singapore’s Court of Appeal ruled Monday that a minority shareholder’s suit against the principal owner of a bankrupt grocery store chain can move forward, ruling for the main shareholder on several issues but giving the minority owner’s claims a second chance by striking down a precedent that it said needlessly complicated the appeals process.

The unanimous top court said John Manos’s suit against L Capital Asia LLC, the private equity fund that bought a controlling stake in his supermarket chain Jones the Grocer and had it...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.