The High Court in Asiabio Capital Sdn Bhd v Seacera Group Bhd [2021] MLJU 2598 (grounds of judgment dated 3 November 2021) has emphasised the mandatory pre-conditions for the grant of a restraining order in a scheme of arrangement.
This short decision touches on the importance of showing that the proposed scheme of arrangement must involve more than half of the total debts of the debtor company.
In the English High Court case of Mr Dollar Bill Limited v Persons Unknown and two others [2021] EWHC 2718 (Ch), the Court granted a proprietary injunction against approximately 3.7 bitcoins (approximately GBP 105,000) and certain discovery orders against the two cryptocurrency exchanges, Binance and Huobi. Continue reading
On Tuesday 25 January 2022, I will be speaking at the CLJ Law webinar on ‘Latest Developments in Company Law: 2021 Review and 2022 Forecast‘.
This is a free webinar but with prior registration. You can register for the Zoom link here.
We will highlight and discuss leading cases and developments in the past year with regards to company law. We will touch on issues significant to directors’ duties, the conduct of meetings, shareholders’ disputes, and other corporate litigation trends.
We will discuss current trends, lessons learnt, and possible developments in company law for 2022.
The Initial Litigation Offering or ILO – with something as simple as a website page or an app, anyone could potentially invest money to fund the costs of litigation. The investor is issued an ILO token, secure on the blockchain, as a share of the potential returns from the litigation. The ILO tokens themselves can be traded and sold on.
The High Court in Re Top Builders Capital Berhad and others (No. 2) [2022] MLJU 1 (grounds of judgment dated 5 January 2022) has set out several important points for the sanction of a scheme of arrangement. Some of these issues have been decided for the first time under Malaysia law.
We look back at the year 2021 and with a countdown of the top 5 most-read articles on The Malaysian Lawyer this year. We look forward to having our readers continue to frequent this blog in the year 2022.
