JustCo Singapore suffers legal defeat, contract terms 'grossly unfair' to tenant
Add BT as a preferred source
CO-WORKING operator JustCo (Singapore) has lost a lawsuit brought by cybersecurity software company Dathena Science, in what might be the city-state's first such case that has resulted from pandemic-related measures.
And with some of the contract terms - such as the tenant not having the right to terminate the contract - flagged as "grossly unfair" and unenforceable, the case has potential implications on the co-working scene and commercial landlords, especially as flexible leasing and shared workspaces gain popularity, The Business Times (BT) understands.
The dispute, involving Dathena's claim of S$286,892 and JustCo's nearly S$2.4 million counterclaim, centred around their membership agreement inked in January last year.
TRENDING NOW
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
Singapore releases Economic Strategy Review Final Report with more detailed proposals
Ringgit sinks to seven-month low despite record bond inflows as Fed fears dominate
Simba ordered to pay S$700,000 in damages to indoor skydiving operator Altitude Xperience for trespass
