Court Cases in Singapore
In 2002, Oakwell sued Enernorth in the High Court of Singapore to obtain the further payment. The court found in Oakwell's favor, with Justice Lai Kew Chai ruling that Enernorth had an "implied" obligation to obtain financial closure within six months, and awarding Oakwell the sum of S$4.39 million. The case was appealed to Singapore's Court of Appeal, but Chief Justice Yong Pung How upheld Justice Lai's ruling.
Read more about this topic: Oakwell Engineering V. Enernorth Industries
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