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NEWS ALERTS & DEALS

CORPORATE DIVISION


Canada's Fairfax Financial to acquire Malaysia's MCIS general insurance operations

Corporate Partner, Cheng Kee Check and Corporate Associate, Lim Hsiao Ping acted for Fairfax Financial Holdings in a transaction to acquire the general insurance businesses of MCIS Insurance Bhd and Koperasi MCIS Bhd.

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DISPUTE RESOLUTION DIVISION


Court of Appeal upholds asset freeze order in Singapore penny stock collapse

On 13 October 2014, the Court of Appeal upheld a Mareva injunction to freeze the assets of six individuals and two companies regarding the trading of shares in three listed companies in Singapore. The panel, led by Justice Mah Weng Kwai, dismissed the appeal by the eight against the Kuala Lumpur High Court decision in support of a foreign arbitration under Section 11 of the Arbitration Act 2005. This is the first case where Section 11 of Arbitration Act 2005 has been used to assist in an international arbitration where the seat is outside of Malaysia. Counsel from SKRINE who represented the successful applicant were Dispute Resolution Partners, Lim Chee Wee and Lee Shih together with Associate, Ong Doen Xian.

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Huda @ Najwa Binti Ikhwan v Bursa Malaysia Securities Berhad

On 20 August 2014, the Court of Appeal comprising Justices Hishamudin Yunus, Zawawi Salleh and Umi Kalthum Majid dismissed the appeal and upheld the High Court’s dismissal of the Appellant’s application for judicial review against Bursa Malaysia’s Appeals Committee.

Before Bursa Malaysia’s Market Participants Committee, the Appellant was found to have been involved in churning/rollover activities and substantial cross trades which had the effect of creating false/misleading appearance of active trading in/market for certain securities. A public reprimand, a fine of RM100,000.00 and an order for striking off the register as a Registered Person were made against the Appellant. This was upheld by the Appeals Committee. Before the High Court, the Appellant failed in her application for judicial review and the Court of Appeal upheld this decision.

Counsel from Skrine who represented Bursa Malaysia in the High Court and the Court of Appeal was Lee Shih, assisted by Nimalan Devaraja.

INTELLECTUAL PROPERTY DIVISION


Nuctech secures victory in patent infringement case against manufacturer and supplier of drive-thru cargo scanners to Royal Malaysian Customs Department

Nuctech Company Limited (“Nuctech”), a manufacturer of cargo scanners based in Beijing, emerged victorious in a patent infringement suit against the Chinese manufacturer, Powerscan Company Limited (“Powerscan”), and local supplier, Pan Asiatic Technology Sdn Bhd (“PAT”), for 2 units of drive-thru cargo scanners installed at the Customs, Immigration and Quarantine Complex (“CIQ Complex”) at Bukit Chagar, Johor Bahru. The cargo scanners are used to inspect cargo trucks carrying goods coming into Malaysia from Singapore at the Causeway.

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Local agent or licensee cannot claim ownership rights over registered trade mark

We acted for Wieland Electric GmbH in an action commenced at the High Court for the cancellation of Trade Mark No. 05016795 in the name of Industrial Automation (M) Sdn Bhd in Class 9. The main ground for cancellation was that Industrial Automation (M) Sdn Bhd was an agent or licensee of Wieland Electric GmbH, and cannot claim to be entitled to the trade mark registration in Malaysia. On 27th November 2013, the High Court decided in favour of Wieland Electric GmbH.

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Nothing escapes the eye of the relevant consumer

We acted for F & N Dairies (M) Sdn Bhd (“F & N Dairies”) in resisting a claim of industrial design infringement for the design of a bottle that the claimants, Tropicana Products Inc. (Tropicana Products) claimed was novel. Tropicana Products sought to apply for leave to the Federal Court to appeal against the decision of the Court of Appeal reversing a finding of infringement against F&N Dairies. The Federal Court dismissed Tropicana’s application.

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EVENTS ACCOLADES & AWARDS

Skrine 50th Anniversary Regatta 2013

28 September 2013. Over 300 supporters. Close to 180 dragon boaters. 6 corporate teams. All paddling for charity at the Skrine Regatta 2013.

In conjunction with the firm’s 50th anniversary celebrations, Skrine hosted its second Skrine Regatta: Paddling for Charity dragon boat race.

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Who's Who Legal

We are pleased to announce that SKRINE has been named as the Malaysian Firm of the Year 2015 by the Who's Who Legal: The International Who's Who of Business Lawyers. The firm previously won the award in 2008, 2009, 2010, 2011, 2013 and 2014. 

Chambers Asia Pacific

Band 1 Firm for:

  • Corporate/Mergers & Acquisitions
  • Dispute Resolution
  • Intellectual Property
  • Projects, Infrastructure & Energy 

13 partners are ranked as Chambers Leading Lawyers 2015.

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ANNOUNCEMENTS

Legal Insights 1/2015, March 2015 is now available. To access the newsletter, please click here.

Managing Intellectual Property Global Awards
Malaysian Intellectual Property Firm of the Year 2015

The Firm has been named the Malaysian Intellectual Property Firm of the Year 2015 in the Managing Intellectual Properties (Managing IP) Global Awards. The Firm has won this Award multiple times, including winning this Award in 2014.

Chambers Asia Pacific 
Malaysia Law Firm of the Year 2015


SKRINE is pleased to announce that it has been awarded ‘Malaysia Law Firm of the Year 2015’ by Chambers Asia Pacific. This award is particularly meaningful to us as it recognises the work of law firms across the globe and reflects their notable achievements over the past twelve months including outstanding work, impressive strategic growth and excellence in client service. We would like to thank our valued clients for their continuing support and trust in us.

Asian Legal Business (ALB)
Malaysia Law Awards 2015

The Firm clinched three awards at the recent Asian Legal Business (ALB) Malaysia Law Awards 2015 held on 27 March 2015. The Firm was named the KLRCA Arbitration Law Firm of the Year, the Intellectual Property Firm of the Year, and received the M&A Deal of the Year for PT Pertamina Malaysia Eksplorasi Produksi's acquisition of 30 percent of Murphy Oil Corporation's Malaysian oil and gas assets. To read more, please click here.

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" I have been pondering on why Providence has been so kind to Skrine & Co. up to date, and how this firm founded by a polo-playing Anglican Englishman, a bridge-playing Presbyterian Scotsman, a piano-playing Roman Catholic Irishman, a north country beer connoisseur Englishman (religion unknown) and an Ipoh Chinese Methodist managed to cohere as well as it did and to attract a string of Asian partners, and to keep and then expand its clientele."
- John Skrine (1922-1993)