High court issues largest award for fraudulent trading in Singapore

Successfully represented the plaintiffs in the High Court which issued the largest award for fraudulent trading in Singapore so far, holding a company director liable for substantially all the debts of the company in the sum of US$65.2 million. The Court also found the director to be liable for breaches of fiduciary duties. Partner Mark Cheng, together with Senior Partner Lee Eng Beng SC; Partners Sim Kwan Kiat, Chew Xiang and Priscilla Soh; and Senior Associate Darren Lim, led the matter.