High Court dismisses man's suit to have sisters, late mother's estate pay family business debt

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SINGAPORE - Two sisters were content to let 'sleeping dogs lie' after they discovered that their brother had used funds from the family business for his own family's expenses.. Read more at straitstimes.com.

SINGAPORE - Two sisters were content to let"sleeping dogs lie" after they discovered that their brother had used funds from the family business for his own family's expenses.

According to the judgment dated July 30, Mr Lee's father - Mr Lee Kim Eng - started Lee Huat Company as a sole proprietorship in 1958. In July 2014, Mr Lee Kim Eng suffered a stroke that incapacitated him, and the business was subsequently managed by his second son, Mr Jeffrey Lee Kai Leong. Among other claims, he said that his sisters had acted in bad faith in administering his mother's estate.

In contrast, the sisters, in their testimony, said that Madam Ng was illiterate, never received any profits from the business while she was a partner, and did not take part in running the business. Ruling in favour of the sisters, Senior Judge Lai Siu Chui said in her judgment that the money taken by Mr Lee is a debt owed to Madam Ng, and therefore to her estate.

 

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