Disputes
Autobahn Rent A Car group appeals dismissed moratorium, reveals potential SGX listco investor
The group also files for a new six-week interim moratorium to facilitate investment negotiations
Autobahn Rent A Car and related companies’ moratorium application dismissed
The High Court ruling opens the way for creditor actions and insolvency proceedings, which may include being wound up
Autobahn-Shariot group reveals possible S$100 million investment, says it is solvent
Shariot could be hived off into a JV with potential investors; group plans to begin repaying debts in January as its liabilities rise
Creditors of Autobahn Rent A Car, Shariot group claim S$38 million more, contrary to group’s own estimates
DBS, UOB, OCBC, Teck Wei Credit and Toyota Financial Services list liabilities higher than those listed by the group
Seatrium to start its own arbitration in US$475 million contract termination dispute
The contract, which is 98.9% complete, is for the construction of a wind turbine installation vessel in a US offshore wind farm
Singapore Paincare settles dispute over claims worth S$350,000 to S$450,000
It did not disclose the amount of the settlement
Singapore vehicle traders’ association in leadership limbo after court voids disputed elections
While voting rules had been misapplied at a May 2024 AGM, SVTA’s president lacked the authority to reconvene the meeting a month later: Appellate Division
Future of 38 Oxley Road: What happens next
In determining the compensation amount, the Singapore Land Authority will weigh the market value of the site
A timeline of events surrounding 38 Oxley Road
A family feud surrounding the house erupted in June 2017 over an apparent disagreement between Lee Kuan Yew’s children over whether the house should be demolished
Government intends to gazette 38 Oxley Road site as national monument, issues notice to Lee Hsien Yang
Lee Hsien Yang says PAP has chosen to ‘trample’ on Lee Kuan Yew’s wish to have house demolished
