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...
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