Following a trial that spanned five weeks, TKQP has obtained a resounding judgment in favour of the parent company of a multi-jurisdictional group against its ex-CEO and managing director.
Apart from the intrigue of bribery and corruption, conspiracy, diversion of a multi-million business and serious breaches of fiduciary duties, we have obtained a favourable judgment in excess of US$8 million.
What is notable is that a detailed analysis of claims for equitable damages had to be undertaken. A claim for equitable damages is uncommon, and it opens the door wider as to the extent and types of losses which can be claimed given more relaxed rules of causation, foreseeability and remoteness.
The team is led by joint managing partner, Marina Chin, with support from:
- of counsel, Cheryl Nah;
- senior associate, Alcina Lynn Chew; and
- associates, Eugene Low and Kristy Teo.