Banking

  Overview  

Our Expertise

Skrine acts for major international and domestic financial institutions. Our litigation experience covers all aspects of banking and customer relationship ranging from routine recovery and foreclosure proceedings to confidentiality and negligence.

 

Notable Experience

  • Acted for a leading Bank in an ongoing matter in which claims for fraud were brought against high ranking officers for losses sustained from Islamic banking transactions of up to RM760 million. Advised on all aspects of the case including possible criminal investigations.
  • Advised and acted in all 3 tiers of court proceedings for a commercial bank which involves a novel point of law in Malaysia concerning the priority of charges over assets.
  • Advised and acted for major banks (both in Malaysia and Singapore) in loan agreement disputes.
  • Represented a major bank in Malaysia in the High Court and Court of Appeal in a heavily contested case against a borrower for breach of loan facilities. The bank obtained an Order for Sale for a prime piece of land located at Ulu Kelang. Despite the Order for Sale, the borrower filed numerous suits and applications (including stay and injunction) against the bank to delay and frustrate the auction. This case is reported in the law journal (Perwira Affin Bank Bhd v. Tan Ah Tong [2003] 5 MLJ 193).
  • Represented a foreign bank in the High Court case of Re: Chan Teik Huat; Ex-Parte:Oversea- Chinese Banking [2007] MLJU 446 which involved a novel issue of whether the bank has failed to convert the Judgment sum (which is in foreign currency) into Ringgit Malaysia at the date of the issuance of the Bankruptcy Notice. The judgment debtor, dissatisfied with the High Court's decision which was granted in favour of the bank, filed an appeal to the Court of Appeal. Recently, the Court of Appeal affirmed the High Court's decision.
  • Acted for a bank in an action involving fraudulent transactions using forged signatures. The High Court after full trial ordered the monies to be refunded to the bank.
  • Acted for a bank which was sued by a developer for wrongful suspension of bringing loan facilities. The issues involved the entire duration of a construction project from the release of bridging loan to end-financing over a period of 16 years for 133 houses. The High Court in Lim Chee Holdings Sdn Bhd v RHB Bank Berhad [2002] 1 LNS 203 after full trial dismissed the developer's claim and allowed the bank's counterclaim. The Court of Appeal in Lim Chee Holdings Sdn Bhd v RHB Bank Berhad [2005] 6 MLJ 497 affirmed the High Court's decision.
  • Acted for a bank in contested civil and foreclosure proceedings against a developer (Southern Bank Bhd v Arena Flora Sdn Bhd & 2 Ors [2008] 1 LNS 212)
  • Acting for major banks in numerous debt recovery actions that generally include civil, foreclosure, execution, bankruptcy and winding up proceedings.

 

 
ACCOLADES & AWARDS

Who’s Who Legal Awards 2018

alb-mla-2018-winner

We are pleased to announce that Skrine has once again been named Malaysia Law Firm of the Year. The award was conferred at the Who’s Who Legal Awards 2018 on 8th May 2018 in London, United Kingdom.

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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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