High Court dismisses man's lawsuit against father over failed supermarket business in Singapore

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대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The son threatened to publicise the family feud after asking for S$15 million (US$11.3 million) to hand over his shares in the failed YES Supermarket.

SINGAPORE: A man who sued his father over a failed supermarket business, claiming he was verbally promised a larger share of the company and property, has had his case dismissed by the High Court.

“Although he says he asked the defendant many times to put the agreement into writing, those were all verbal requests,” said the judge. His son only started working in the company in 2003 after getting his master’s degree. In 2004, the father agreed to make his son CEO as he “wanted to groom” his son to take over.

“The defendant says he did not receive any resignation letter from the plaintiff and did not receive any indication that the plaintiff wished to resign.” The relationship deteriorated significantly by March 2018, when the father was in the midst of closing the company’s supermarket operations. The older man said he only found out about this verbal agreement after reading the article, and that he did not respond to the press because he did not want to make public the family feud.

The judge noted that the video recording submitted to the court was only about 4 minutes and 38 seconds long – when the entire meeting was about two hours. “For instance, during a portion of the video recording, multiple bouts of coughing were heard, but persons in the video were not seen coughing,” said the judge, adding that the son provided no explanation for the mismatch.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 6. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

All because of money. Greedy.

父不作為不許告嗎?

대한민국 최근 뉴스, 대한민국 헤드 라인