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Legal Developments worldwide


May 2012 - Finance. Legal Developments by Drew & Napier LLC .

More articles by this firm.

Crédit Industriel et Commercial v Teo Wai Cheong [2012] SGHC 94

The Singapore High Court has granted judgment to CrĂ©dit Industriel et Commercial (“CIC”) for its claim against Teo Wai Cheong (“Teo”) for payment for shares that were acquired under certain “accumulator” transactions carried out in 2007. 


About Drew & Napier LLC

Established in 1889, Drew & Napier LLC is one of Singapore's leading and largest law firms, with over 250 lawyers and fee-earners. Consistently rated top tier in dispute resolution over the years by international ranking organisations such as Asia Pacific Legal 500, Chambers Global, Practical Law Company, Best Lawyers and Asia Law, the firm has 7 Senior Counsel. The firm is headed by chief executive officer, Davinder Singh, Senior Counsel. Drew & Napier LLC is also rated top tier in Corporate Insolvency & Restructuring, Intellectual Property (Patents and Trademarks), Competition & Antitrust, Telecommunications, Media & Technology and Tax, with market leading practices in Mergers & Acquisitions, Corporate Finance, and Admiralty & Shipping. For more information, please visit