Judge mulls winding-up option as Violet Oon suit draws to a close
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HIGH Court Justice Philip Jeyaretnam on Friday (Aug 18) wondered whether winding up or a buyout was a better way to resolve a failed business partnership as he heard closing submissions from lawyers in the Violet Oon dispute.
Violet Oon, the eponymous culinary icon, and her children are seeking to buy out their business partner’s 50 per cent stake in the restaurant group Violet Oon Inc over allegations of oppression by the partner.
If the court denies a buyout, the Oon family is asking to wind up the business instead.
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