J Trust Asia Loses Bitter Battle in Singapore Court
Years-long squabble with motorcycle hire purchase firm ends in defeat
The Singapore-based J Trust Asia Ltd has lost the latest round in its bitter corporate squabble with Group Lease Holdings Pte Ltd., with a Singapore court dismissing a suit alleging fraud on the part of eight defendants and seeking millions in damages and repayment.
In dismissing the suit, Singapore High Court Judge Choo Han Tek gave an indication of jus…
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