Lawsuits
HSBC set to pay about US$300 million to settle French criminal case
The full agreement would cover the fine to end the PNF case as well as the tax bill
US Justice Department accuses two Chinese men of trying to smuggle Nvidia chips
Prosecutors estimate that the scheme had been in operation since at least November 2023, according to court documents
OG sues Hao Mart for alleged breach of Taste Orchard lease, seeks S$6.6 million in rent and other fees
Hao Mart denies these allegations and says that both parties had subsequently entered into a separate ‘oral agreement’, which OG in turn breached
Drew & Napier, Withers to collaborate on claims against Switzerland over Credit Suisse AT1 losses
The Singapore firm has filed arbitration for Japanese claimants; expects to file for Singapore, Hong Kong groups by Q1 2026
Anthony Law, PropNex Realty salesperson rebut allegations in lawsuit involving 99-1 deal
This is in response to a case filed by a couple over the purchase of a unit at The Gazania
Cordlife faces S$5.45 million civil claim from clients over damaged cord blood units
Alternatively, the claimants are seeking a refund of all storage fees paid to date, or an order for the assessment of damages
Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case
The unit could face fines of up to NT$120 million if convicted
Trump administration backs Bayer’s bid to curb Roundup lawsuits
The company is facing more than 67,000 such lawsuits in US state and federal courts
‘Lost their life savings’: Tokenize Xchange users sue founder and wife for over S$60 million in lost crypto assets
The firm owes its customers about S$266.3 million but has only S$2.6 million in realisable assets, interim judicial manager report reveals
WP chief Pritam Singh’s appeal: Judge to deliver verdict on Dec 4
[SINGAPORE] Workers’ Party chief Pritam Singh will learn on Dec 4 if his appeal against conviction on two charges of lying to the Committee of Privileges (COP) is successful.