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Can A Receiver and Manager be sued by an Unsecured Creditor For Fraud?

Monorail Retail v Cho Choo Meng, Mohd Anwar bin Yahya and Pricewaterhouse coopers, Malaysia.
Skrine, representing the Defendants, succeeded at the High Court in striking out the suit against the Defendants based on the legal ground that an unsecured creditor has no “locus standi” to sue a receiver and manager. The case went on appeal to the Court of Appeal. On 18 April 2011, the Court of Appeal affirmed the earlier decision in favour of our clients. This decision has a far reaching effect in preventing the floodgates of suits against receivers and managers in general.

 
ACCOLADES & AWARDS

Asian Legal Business Malaysia Law Awards 2018

alb-mla-2018-winner

Skrine has been ranked as Arbitration Law Firm of the Year and Maritime Law Firm of the Year.

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The Chambers Asia Pacific 2018 Rankings

Skrine has been ranked as Leading Firm for Dispute Resolution, Intellectual Property and Projects, Infrastructure & Energy.

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The Legal 500 Asia Pacific 2018 Rankings

Skrine is pleased to announce that the Firm has achieved seven Tier 1 practice area rankings in The Legal 500 Asia Pacific 2018.

Our Tier 1 rankings are in the following areas: 
  • Banking and Finance
  • Corporate and M&A
  • Dispute Resolution
  • Intellectual Property
  • Technology, Media & Telecommunications
  • Real Estate and Construction
  • Labour and Employment

Skrine was also listed as one of the leading firms in the areas of Projects & Energy, and Shipping. 

Four Skrine partners were ranked as leading lawyers in their respective areas. 

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