The Grand Court recently struck out a winding-up petition presented against Grand State Investments Limited by a shareholder claiming a debt on the ground that the alleged debt was disputed on <i>bona fide</i> and substantial grounds. In addition, the court went on to hold that, had the petition not been struck out, it would have been stayed anyway in favour of arbitration.
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The Grand Court recently struck out a winding-up petition presented against Grand State Investments Limited by a shareholder claiming a debt on the ground that the alleged debt was disputed on <i>bona fide</i> and substantial grounds. In addition, the court went on to hold that, had the petition not been struck out, it would have been stayed anyway in favour of arbitration.
Huen Wong, a former Greater China managing partner at both Simmons & Simmons and Fried, Frank, Harris, Shriver & Jacobson, has launched a sole proprietorship focused on arbitration and mediation, Asian Legal Business has learnt.